Open Lending Corp

More Details of Open Lending Corp Company

Open Lending Corporation provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States, which enables each lending institution to book near-prime and non-prime automotive loans, coupled with real-time underwriting of loan default insurance, out of its existing business flow. The Company also operates as a third-party administrator that adjudicates insurance claims and premium adjustments on automotive loans. Its flagship product, Lenders Protection platform (LPP), is a cloud-based automotive lending enablement platform. The platform uses risk-based pricing models that enable automotive lenders to assess the credit risk of a potential borrower using data-driven analysis. The Company's proprietary risk models project loan performance, including expected losses and prepayments, in arriving at the optimal contract interest rate.

Company Info

Ticker SymbolLPRO

Company nameOpen Lending Corp

IPO dateMar 02, 2018

Founded at2019

CEOMs. Jessica (Snyder) Buss

Number of employees205

Security typeOrdinary Share

Fiscal year-endMar 02

Address1501 S. Mopac Expressway

CityAUSTIN

Stock exchangeNASDAQ Global Market Consolidated

CountryUnited States of America

Postal code78746

Phone15128920400

Websitehttps://www.openlending.com/

Ticker SymbolLPRO

IPO dateMar 02, 2018

Founded at2019

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Charles D. (Chuck) Jehl, CPA

Interim Chief Financial Officer, Director

379.64K

+8.08%

Ms. Sarah Lackey

Vice President - Strategic Initiatives

85.53K

+19.16%

Ms. Jessica (Snyder) Buss

Independent Chairman of the Board

74.65K

+123.03%

Ms. Michelle Glasl

Chief Operating Officer

--

Mr. Gene Yoon

Independent Director

--

Mr. Thomas K. (Tom) Hegge

Independent Director

--

Mr. Eric A. Feldstein

Independent Director

--

Mr. Matthew R. (Matt) Roe

Chief Revenue Officer

--

Mr. Blair J. Greenberg

Independent Director

--

Mr. Adam H. Clammer

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Charles D. (Chuck) Jehl, CPA

Interim Chief Financial Officer, Director

379.64K

+8.08%

Ms. Sarah Lackey

Vice President - Strategic Initiatives

85.53K

+19.16%

Ms. Jessica (Snyder) Buss

Independent Chairman of the Board

74.65K

+123.03%

Ms. Michelle Glasl

Chief Operating Officer

--

Mr. Gene Yoon

Independent Director

--

Mr. Thomas K. (Tom) Hegge

Independent Director

--

Revenue Breakdown

FY2024

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2019

FY2018

No Data

By RegionUSD

Name

Revenue

Proportion

United States

0.00

0.00%

By Business

By Region

No Data

Shareholding Stats

Updated: Thu, Jun 12

Shareholders

Shareholder Types

Shareholders

Proportion

The Vanguard Group, Inc.

6.75%

Bregal Sagemount

6.32%

True Wind Capital Management, L.P.

6.30%

Palogic Value Management, L.P.

5.80%

BlackRock Institutional Trust Company, N.A.

5.72%

Other

69.11%

Shareholders

Proportion

The Vanguard Group, Inc.

6.75%

Bregal Sagemount

6.32%

True Wind Capital Management, L.P.

6.30%

Palogic Value Management, L.P.

5.80%

BlackRock Institutional Trust Company, N.A.

5.72%

Other

69.11%

Shareholder Types

Shareholders

Proportion

Investment Advisor/Hedge Fund

22.17%

Investment Advisor

14.50%

Private Equity

12.61%

Hedge Fund

7.99%

Individual Investor

2.98%

Research Firm

1.65%

Pension Fund

1.13%

Bank and Trust

0.43%

Family Office

0.30%

Other

36.25%

Institutional Shareholding

Updated: Tue, Mar 4

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

354

102.07M

85.27%

-8.79M

2024Q4

383

104.77M

87.78%

-7.96M

2024Q3

409

103.24M

86.56%

-10.33M

2024Q2

418

101.19M

84.83%

-11.94M

2024Q1

435

99.69M

83.63%

-18.80M

2023Q4

446

98.88M

83.15%

-20.63M

2023Q3

461

101.86M

85.19%

-24.92M

2023Q2

472

102.71M

85.08%

-24.95M

2023Q1

495

105.27M

87.26%

-25.23M

2022Q4

504

109.95M

88.78%

-20.53M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

10.16M

8.48%

+160.62K

+1.61%

Dec 31, 2024

Bregal Sagemount

7.56M

6.32%

--

Mar 28, 2024

True Wind Capital Management, L.P.

7.55M

6.3%

--

Dec 31, 2024

Palogic Value Management, L.P.

718.05K

0.6%

-6.95K

-0.96%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

7.03M

5.87%

+140.69K

+2.04%

Dec 31, 2024

State Street Global Advisors (US)

2.62M

2.19%

+71.91K

+2.82%

Dec 31, 2024

Geode Capital Management, L.L.C.

2.39M

2%

+28.25K

+1.19%

Dec 31, 2024

Flynn (John Joseph)

2.30M

1.92%

+10.16K

+0.44%

May 22, 2024

Related ETFs

Updated: Fri, Jun 6

Name

Proportion

Acquirers Small and Micro Deep Value ETF

0.64%

Main Thematic Innovation ETF

0.15%

SPDR S&P Capital Markets ETF

0.1%

T Rowe Price Small-Mid Cap ETF

0.05%

Global X FinTech ETF

0.05%

Avantis US Small Cap Equity ETF

0.03%

WisdomTree US SmallCap Quality Growth Fund

0.03%

Texas Capital Texas Small Cap Equity Index ETF

0.02%

iShares U.S. Broker-Dealers & Securities Exchanges ETF

0.02%

ProShares UltraPro Russell2000

0.01%

Acquirers Small and Micro Deep Value ETF

Proportion0.64%

Main Thematic Innovation ETF

Proportion0.15%

SPDR S&P Capital Markets ETF

Proportion0.1%

T Rowe Price Small-Mid Cap ETF

Proportion0.05%

Global X FinTech ETF

Proportion0.05%

Avantis US Small Cap Equity ETF

Proportion0.03%

WisdomTree US SmallCap Quality Growth Fund

Proportion0.03%

Texas Capital Texas Small Cap Equity Index ETF

Proportion0.02%

iShares U.S. Broker-Dealers & Securities Exchanges ETF

Proportion0.02%

ProShares UltraPro Russell2000

Proportion0.01%

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

2.200USD

Open Lending Corp

2.200

Overview

Company