| $1B | ||
| $1,000M | ||
| $211M | ||
| $137M | ||
| $77M | ||
| $73M |
Buys | $ | – | |
Sells | $ | – |
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. Its digital marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and source inventory. This segment sells its products and services through commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and vehicle manufacturers. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent vehicle dealers. It serves commercial customers, and franchise and independent dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
Over the last 12 months, insiders at OPENLANE, Inc. have bought $undefined and sold $undefined worth of OPENLANE, Inc. stock.
On average, over the past 5 years, insiders at OPENLANE, Inc. have bought $773,806 and sold $1.62M worth of stock each year.
There was no buying activity among insiders over the last 12 months.
The last purchase of 4,985 shares for transaction amount of $99,999 was made by Lakhia Brad S. (EVP & CFO) on 2024‑11‑13.
| Increased Positions | 0 | 0% | 0 | 0% |
| Decreased Positions | 0 | 0% | 0 | 0% |
| New Positions | 0 | New | 0 | New |
| Sold Out Positions | 0 | Sold Out | 0 | Sold Out |
| Total Postitions | 0 | 0% | 0 | 0% |