open lending provides automated lending services to financial institutions. the company specializes in loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders throughout the united states. the company was founded in austin, tx in 2000 and is privately owned. open lending had been recognised as one of austin's fast 50 growing companies for the past 4 years and has been voted to one of austin's best places to work for the last two years. its flagship product, the lenders protection program is a unique auto lending program for direct and/or indirect loans that provides a powerful and safe way for lenders to increase near and non-prime auto loan volumes and yields without adding risk to their loan portfolio. lenders protection combines sophisticated risk-based pricing models, configured to each lender’s individual cost factors and financial targets, with reliable loan default insurance provided by amtrust financial services, an “a” rated t
![Open Lending logo](/files/LOGO/1806201-LPRO.png)
Company profile
Ticker
LPRO
Exchange
Website
CEO
John J. Flynn
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Nebula Parent Corp.
SEC CIK
Corporate docs
Subsidiaries
Open Lending, LLC • Lenders Protection, LLC • Insurance Administrative Services, LLC ...
IRS number
823008583
LPRO stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
23 May 24
8-K
Departure of Directors or Certain Officers
8 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Open Lending Reports First Quarter 2024 Financial Results
7 May 24
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
8-K
Open Lending Announces Leadership Change
25 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
Transcripts
LPRO
Earnings call transcript
2024 Q1
7 May 24
LPRO
Earnings call transcript
2023 Q4
27 Feb 24
LPRO
Earnings call transcript
2023 Q3
7 Nov 23
LPRO
Earnings call transcript
2023 Q2
9 Aug 23
LPRO
Earnings call transcript
2023 Q2
8 Aug 23
LPRO
Earnings call transcript
2023 Q1
9 May 23
LPRO
Earnings call transcript
2022 Q4
23 Feb 23
LPRO
Earnings call transcript
2022 Q3
3 Nov 22
LPRO
Earnings call transcript
2022 Q2
6 Aug 22
LPRO
Earnings call transcript
2022 Q1
7 May 22
Latest ownership filings
Financial summary
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Institutional ownership, Q1 2024
83.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 139 |
Opened positions | 124 |
Closed positions | 1 |
Increased positions | 3 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 457.09 bn |
Total shares | 98.85 mm |
Total puts | 3.70 k |
Total calls | 24.60 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Wasatch Advisors | 16.09 mm | $100.75 bn |
T. Rowe Price | 10.76 mm | $67.34 mm |
Vanguard | 9.44 mm | $59.12 bn |
True Wind Capital | 7.55 mm | $311.46 mm |
True Wind Capital Management | 7.55 mm | $47.23 bn |
Working Capital Advisors | 7.46 mm | $46.72 bn |
BLK Blackrock | 7.03 mm | $44.01 bn |
Working Capital Management Pte. | 6.43 mm | $49.19 mm |
Cannell Capital | 2.50 mm | $15.64 bn |
STT State Street | 2.48 mm | $15.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | Eric A Feldstein | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 10,162 | 0.00 | 22,701 |
22 May 24 | Eric A Feldstein | RSU Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 23,455 | 0.00 | 23,455 |
22 May 24 | Eric A Feldstein | RSU Common Stock, par value $0.01 per share | Option exercise | Dispose M | No | No | 0 | 10,162 | 0.00 | 0 |
22 May 24 | Jessica Elizabeth Clark | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 30,250 | 0.00 | 36,520 |
22 May 24 | Jessica Elizabeth Clark | RSU Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 39,093 | 0.00 | 39,093 |
22 May 24 | Jessica Elizabeth Clark | RSU Common Stock, par value $0.01 per share | Option exercise | Dispose M | No | No | 0 | 30,250 | 0.00 | 0 |
22 May 24 | Shubhi Suryaji Rao | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 10,162 | 0.00 | 18,351 |
22 May 24 | Shubhi Suryaji Rao | RSU Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 23,455 | 0.00 | 23,455 |
22 May 24 | Shubhi Suryaji Rao | RSU Common Stock, par value $0.01 per share | Option exercise | Dispose M | No | No | 0 | 10,162 | 0.00 | 0 |
22 May 24 | John Joseph Flynn | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 10,162 | 0.00 | 2,003,924 |
News
Navigating 5 Analyst Ratings For Open Lending
7 Jun 24
BTIG Assumes Open Lending at Neutral
7 Jun 24
Canaccord Genuity Maintains Hold on Open Lending, Lowers Price Target to $6
8 May 24
Needham Maintains Buy on Open Lending, Lowers Price Target to $7
8 May 24
Open Lending Q1 2024 GAAP EPS $0.04 Misses $0.05 Estimate, Sales $30.745M Beat $28.648M Estimate
7 May 24
Press releases
Open Lending Announces Dan Berger, Former President and CEO of NAFCU, as a Strategic Advisor
4 Jun 24
Automotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open Lending Research Finds
23 May 24
Open Lending Partners with Core Specialty Insurance Holdings
13 May 24
OneAZ's Launch of Credit Flex Auto Program Backed by Open Lending
18 Apr 24
Open Lending to Announce First Quarter 2024 Results on May 7, 2024
16 Apr 24