Paradice Investment Management LLC Invests $23.84 Million in Openlane $OPLN

Key Points

• Paradice Investment Management initiated a new stake in Openlane, buying 800,451 shares worth about $23.84 million, equal to roughly 0.75% of the company and about 4.6% of Paradice's portfolio (its 13th largest holding).
• Openlane reported Q results with EPS of $0.25 (missing estimates by $0.02) and revenue of $494.3M (up 8.6% YoY), set FY2026 guidance of 1.240–1.380 EPS, and carries a consensus analyst target near $33.50 with a "Moderate Buy" average rating.
• An Openlane EVP sold 88,444 shares for about $2.55 million (a ~58% reduction in that insider's position) while institutional ownership remains very high at 99.76%, with other institutions like M&T Bank also adding new stakes.

Paradice Investment Management LLC bought a new position in shares of Openlane (NYSE:OPLN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 800,451 shares of the company's stock, valued at approximately $23,837,000. Openlane comprises about 4.6% of Paradice Investment Management LLC's portfolio, making the stock its 13th biggest holding. Paradice Investment Management LLC owned about 0.75% of Openlane as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. M&T Bank Corp acquired a new stake in Openlane during the 4th quarter valued at $11,642,000. State of Alaska Department of Revenue acquired a new position in shares of Openlane in the fourth quarter valued at $2,211,000. Yousif Capital Management LLC bought a new position in shares of Openlane in the fourth quarter valued at about $857,000. Guidance Capital Inc. bought a new position in shares of Openlane in the fourth quarter valued at about $770,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Openlane during the 4th quarter worth about $649,000. Institutional investors own 99.76% of the company's stock.

Openlane Stock Performance

OPLN opened at $31.68 on Friday. The stock's fifty day moving average price is $28.75. The firm has a market capitalization of $3.37 billion, a P/E ratio of -26.62 and a beta of 1.24. Openlane has a fifty-two week low of $17.83 and a fifty-two week high of $32.36. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.43.

Openlane (NYSE:OPLN - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). Openlane had a net margin of 9.19% and a return on equity of 12.74%. The business had revenue of $494.30 million during the quarter. During the same quarter in the previous year, the business earned $0.21 EPS. The business's quarterly revenue was up 8.6% compared to the same quarter last year. Openlane has set its FY 2026 guidance at 1.240-1.380 EPS. On average, equities research analysts predict that Openlane will post 1.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on OPLN shares. Stephens lifted their target price on shares of Openlane from $35.00 to $37.00 and gave the stock an "overweight" rating in a report on Friday, January 23rd. Barclays increased their price target on shares of Openlane from $32.00 to $34.00 and gave the company an "overweight" rating in a report on Wednesday, January 21st. Zacks Research upgraded shares of Openlane from a "strong sell" rating to a "hold" rating in a research report on Monday. Northcoast Research upgraded Openlane from a "neutral" rating to a "buy" rating and set a $34.00 price objective for the company in a report on Monday, March 30th. Finally, JPMorgan Chase & Co. upped their target price on Openlane from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $33.50.

Insider Activity

In other Openlane news, EVP James P. Coyle sold 88,444 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $28.83, for a total transaction of $2,549,840.52. Following the transaction, the executive vice president owned 63,869 shares in the company, valued at $1,841,343.27. This represents a 58.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.32% of the stock is currently owned by insiders.

Openlane Profile

Openlane, Inc operates a digital wholesale vehicle marketplace that facilitates the remarketing of used vehicles for commercial consignors and retail dealers. The company provides an online auction platform that enables buyers and sellers to transact in real time, connecting franchised and independent dealers, fleet operators, rental companies, manufacturers and financial institutions. Its marketplace focuses on vehicles from lease returns, fleet and commercial fleets, repossessions and dealer trade-ins.

In addition to the core auction and listing services, Openlane offers a suite of remarketing support services designed to simplify the end-to-end sale process.

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