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 $0.87 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 $0.34 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 -0.13% to $23.77. Over the last five days, the stock has gained 0.72%. Openlane Inc shares have risen nearly 19.81% since the year began. Nevertheless, the stocks have risen 38.60% over the past one year.
How much short interest is there in Openlane Inc?
A steep rise in short interest was recorded in Openlane Inc stocks on 2025-05-15, dropping by -0.95 million shares to a total of 4.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 5.47 million shares. There was a decline of -20.97%, which implies that there is a negative sentiment for the stock.
