Investing in Openlane Inc (KAR) Is Getting More Attractive

Openlane Inc’s filing revealed that its EVP & President, Marketplace Coyle James P unloaded Company’s shares for reported $0.15 million on May 09 ’25. In the deal valued at $21.72 per share,7,000 shares were sold. As a result of this transaction, Coyle James P now holds 36,511 shares worth roughly $0.81 million.

Then, Coyle James P bought 7,000 shares, generating $152,052 in total proceeds.

Before that, Lakhia Brad S. bought 4,985 shares. Openlane Inc shares valued at $99,999 were divested by the EVP & CFO at a price of $20.06 per share. As a result of the transaction, Lakhia Brad S. now holds 14,303 shares, worth roughly $0.32 million.

JP Morgan downgraded its Openlane Inc [KAR] rating to a Neutral from a an Overweight in a research note published on March 27, 2025; the price target was decreased to $20 from $23. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in late February from “an Equal-weight” to “an Overweight”. Stephens began covering KAR with “an Equal-weight” recommendation on January 22, 2025. BofA Securities revised its rating on April 10, 2024. It rated KAR as “a Neutral” which previously was an “an Underperform”.

Price Performance Review of KAR

On Tuesday, Openlane Inc [NYSE:KAR] saw its stock fall -2.41% to $22.30. Over the last five days, the stock has lost -6.18%. Openlane Inc shares have risen nearly 12.40% since the year began. Nevertheless, the stocks have risen 33.29% over the past one year. While a 52-week high of $24.42 was reached on 06/11/25, a 52-week low of $15.44 was recorded on 04/07/25.

Levels Of Support And Resistance For KAR Stock

The 24-hour chart illustrates a support level at 22.10, which if violated will result in even more drops to 21.89. On the upside, there is a resistance level at 22.63. A further resistance level may holdings at 22.95.

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