Openlane Inc
KAR24.930USD
+0.415+1.69%
Close 11/21, 16:00（ET）Quotes delayed by 15 min
2.65BMarket Cap
23.93P/E TTM
More Details of Openlane Inc Company
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. It offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. The Company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. The Company’s segments include Marketplace and Finance. The Marketplace segment serves a domestic and international customer base through digital marketplaces for wholesale vehicles that allow the buyers to inspect and compare vehicles. Its marketplace offerings allow it to offer vehicles for sale from any location. Digital marketplace sales are initiated online and include OPENLANE US, OPENLANE Canada and OPENLANE Europe sales. The Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent dealer customers throughout the United States and Canada.
Openlane Inc Info
Ticker SymbolKAR
Company nameOpenlane Inc
IPO dateDec 11, 2009
CEOMr. Peter J. Kelly
Number of employees4800
Security typeOrdinary Share
Fiscal year-endDec 11
Address11299 N. Illinois Street
CityCARMEL
Stock exchangeNYSE Consolidated
CountryUnited States of America
Postal code46032
Phone18009233725
Websitehttps://www.openlane.com/
Ticker SymbolKAR
IPO dateDec 11, 2009
CEOMr. Peter J. Kelly
Company Executives of Openlane Inc
Name
Name/Position
Position
Shareholding
Change
Mr. Michael T. Kestner
Mr. Michael T. Kestner
Independent Non-Executive Chairman of the Board
Independent Non-Executive Chairman of the Board
87.29K
+13.13%
Ms. Mary Ellen Smith
Ms. Mary Ellen Smith
Independent Director
Independent Director
73.66K
+1.10%
Mr. Charles S. Coleman
Mr. Charles S. Coleman
Executive Vice President, Chief Legal Officer, Secretary
Executive Vice President, Chief Legal Officer, Secretary
68.47K
--
Ms. Carmel Galvin
Ms. Carmel Galvin
Independent Director
Independent Director
53.58K
+15.51%
Mr. Tobin P. Richer
Mr. Tobin P. Richer
Executive Vice President - Marketing and Communications
Executive Vice President - Marketing and Communications
21.86K
+27.45%
Mr. Randolph (Randy) Altschuler
Mr. Randolph (Randy) Altschuler
Independent Director
Independent Director
9.73K
--
Mr. Roy Mackenzie
Mr. Roy Mackenzie
Independent Director
Independent Director
--
--
Mr. Sanjeev K. Mehra
Mr. Sanjeev K. Mehra
Independent Director
Independent Director
--
--
Mr. Bradley Herring
Mr. Bradley Herring
Chief Financial Officer, Executive Vice President
Chief Financial Officer, Executive Vice President
--
--
Mr. James P. Coyle
Mr. James P. Coyle
Executive Vice President, President - Marketplace
Executive Vice President, President - Marketplace
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Michael T. Kestner
Mr. Michael T. Kestner
Independent Non-Executive Chairman of the Board
Independent Non-Executive Chairman of the Board
87.29K
+13.13%
Ms. Mary Ellen Smith
Ms. Mary Ellen Smith
Independent Director
Independent Director
73.66K
+1.10%
Mr. Charles S. Coleman
Mr. Charles S. Coleman
Executive Vice President, Chief Legal Officer, Secretary
Executive Vice President, Chief Legal Officer, Secretary
68.47K
--
Ms. Carmel Galvin
Ms. Carmel Galvin
Independent Director
Independent Director
53.58K
+15.51%
Mr. Tobin P. Richer
Mr. Tobin P. Richer
Executive Vice President - Marketing and Communications
Executive Vice President - Marketing and Communications
21.86K
+27.45%
Mr. Randolph (Randy) Altschuler
Mr. Randolph (Randy) Altschuler
Independent Director
Independent Director
9.73K
--
Revenue Breakdown
Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2025Q2
FY2025Q1
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2021
FY2020
FY2019
Relevant data have not been disclosed by the company yet.
By RegionUSD
Name
Revenue
Proportion
United States
272.60M
56.59%
Foreign
209.10M
43.41%
By Business
By Region
Relevant data have not been disclosed by the company yet.
Shareholding Stats
Updated: Sun, Nov 16
Updated: Sun, Nov 16
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
BlackRock Institutional Trust Company, N.A.
13.32%
The Vanguard Group, Inc.
10.98%
Burgundy Asset Management Ltd.
7.98%
Dimensional Fund Advisors, L.P.
6.28%
State Street Investment Management (US)
3.97%
Other
57.47%
Shareholders
Shareholders
Proportion
BlackRock Institutional Trust Company, N.A.
13.32%
The Vanguard Group, Inc.
10.98%
Burgundy Asset Management Ltd.
7.98%
Dimensional Fund Advisors, L.P.
6.28%
State Street Investment Management (US)
3.97%
Other
57.47%
Shareholder Types
Shareholders
Proportion
Investment Advisor
52.45%
Investment Advisor/Hedge Fund
35.10%
Hedge Fund
11.07%
Individual Investor
2.27%
Pension Fund
1.75%
Research Firm
1.71%
Bank and Trust
0.43%
Sovereign Wealth Fund
0.19%
Venture Capital
0.05%
Institutional Shareholding
Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
527
110.22M
103.72%
-10.38M
2025Q2
511
115.60M
108.74%
-5.28M
2025Q1
513
115.00M
107.09%
-6.91M
2024Q4
492
113.36M
106.03%
-8.16M
2024Q3
473
111.77M
102.95%
-8.37M
2024Q2
470
111.01M
102.51%
-10.08M
2024Q1
480
111.57M
103.24%
-11.34M
2023Q4
496
112.73M
104.31%
-11.31M
2023Q3
497
112.90M
103.14%
-16.38M
2023Q2
514
115.73M
105.95%
-19.07M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
BlackRock Institutional Trust Company, N.A.
14.35M
13.5%
-532.61K
-3.58%
Jun 30, 2025
The Vanguard Group, Inc.
11.76M
11.06%
-33.18K
-0.28%
Jun 30, 2025
Burgundy Asset Management Ltd.
10.31M
9.69%
+380.37K
+3.83%
Jun 30, 2025
Dimensional Fund Advisors, L.P.
7.06M
6.64%
-123.20K
-1.72%
Jun 30, 2025
State Street Investment Management (US)
4.14M
3.89%
+110.84K
+2.75%
Jun 30, 2025
Neuberger Berman, LLC
3.57M
3.35%
-342.95K
-8.77%
Jun 30, 2025
Brown Advisory
2.66M
2.5%
+124.31K
+4.90%
Jun 30, 2025
American Century Investment Management, Inc.
2.34M
2.2%
+2.22M
+1927.30%
Jun 30, 2025
Geode Capital Management, L.L.C.
2.52M
2.37%
+9.22K
+0.37%
Jun 30, 2025
View more
Related ETFs
Updated: Thu, Nov 6
Updated: Thu, Nov 6
Name
Proportion
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
2.16%
Pacer US Small Cap Cash Cows Growth Leaders ETF
1.49%
AAM Sawgrass US Small Cap Quality Growth ETF
1.38%
Invesco S&P SmallCap Industrials ETF
1.17%
Invesco S&P SmallCap 600 Pure Growth ETF
1.15%
Cambria Value and Momentum ETF
1.05%
Invesco S&P SmallCap Momentum ETF
0.77%
First Trust Small Cap Growth AlphaDEX Fund
0.65%
OneAscent Small Cap Core ETF
0.51%
Fidelity Enhanced Small Cap ETF
0.42%
View more
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
Proportion2.16%
Pacer US Small Cap Cash Cows Growth Leaders ETF
Proportion1.49%
AAM Sawgrass US Small Cap Quality Growth ETF
Proportion1.38%
Invesco S&P SmallCap Industrials ETF
Proportion1.17%
Invesco S&P SmallCap 600 Pure Growth ETF
Proportion1.15%
Cambria Value and Momentum ETF
Proportion1.05%
Invesco S&P SmallCap Momentum ETF
Proportion0.77%
First Trust Small Cap Growth AlphaDEX Fund
Proportion0.65%
OneAscent Small Cap Core ETF
Proportion0.51%
Fidelity Enhanced Small Cap ETF
Proportion0.42%
Dividend
A total of
160.00M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Feb 18, 2020
KAR.NB Interim Cash Dividend of gross USD 0.19 paid on Apr 03, 2020 going ex on Mar 19, 2020
Mar 20, 2020
Apr 03, 2020
Mar 19, 2020
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
FAQs
Who are the top five shareholders of Openlane Inc?
The top five shareholders of Openlane Inc are:
BlackRock Institutional Trust Company, N.A. holds 14.35M shares, accounting for 13.50% of the total shares.
The Vanguard Group, Inc. holds 11.76M shares, accounting for 11.06% of the total shares.
Burgundy Asset Management Ltd. holds 10.31M shares, accounting for 9.69% of the total shares.
Dimensional Fund Advisors, L.P. holds 7.06M shares, accounting for 6.64% of the total shares.
State Street Investment Management (US) holds 4.14M shares, accounting for 3.89% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 14.35M shares, accounting for 13.50% of the total shares.
The Vanguard Group, Inc. holds 11.76M shares, accounting for 11.06% of the total shares.
Burgundy Asset Management Ltd. holds 10.31M shares, accounting for 9.69% of the total shares.
Dimensional Fund Advisors, L.P. holds 7.06M shares, accounting for 6.64% of the total shares.
State Street Investment Management (US) holds 4.14M shares, accounting for 3.89% of the total shares.
What are the top three shareholder types of Openlane Inc?
The top three shareholder types of Openlane Inc are:
BlackRock Institutional Trust Company, N.A.
The Vanguard Group, Inc.
Burgundy Asset Management Ltd.
BlackRock Institutional Trust Company, N.A.
The Vanguard Group, Inc.
Burgundy Asset Management Ltd.
How many institutions hold shares of Openlane Inc (KAR)?
As of 2025Q3, 527 institutions hold shares of Openlane Inc, with a combined market value of approximately 110.22M, accounting for 103.72% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -5.02%.
What is the biggest source of revenue for Openlane Inc?
In FY2025Q2, the -- business generated the highest revenue for Openlane Inc, amounting to -- and accounting for --% of total revenue.
