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
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
Open Lending Announces Leadership Change
25 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Open Lending Reports Fourth Quarter and Full Year 2023 Financial Results
27 Feb 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Open Lending Reports Third Quarter 2023 Financial Results
7 Nov 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Open Lending Reports Second Quarter 2023 Financial Results
8 Aug 23
8-K
Departure of Directors or Certain Officers
2 Aug 23
8-K
Departure of Directors or Certain Officers
14 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
25 May 23
Transcripts
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 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
LPRO
Earnings call transcript
2021 Q4
26 Feb 22
LPRO
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 156 |
Opened positions | 18 |
Closed positions | 27 |
Increased positions | 52 |
Reduced positions | 45 |
13F shares | Current |
---|---|
Total value | 778.80 bn |
Total shares | 120.95 mm |
Total puts | 1.00 k |
Total calls | 103.50 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Wasatch Advisors | 16.63 mm | $121.71 bn |
T. Rowe Price | 10.71 mm | $78.84 bn |
Vanguard | 9.43 mm | $69.01 bn |
Bregal North America General Partner Jersey | 7.56 mm | $55.37 bn |
Bregal Sagemount I | 7.56 mm | $55.37 bn |
Bregal Sagemount Management | 7.56 mm | $55.37 bn |
True Wind Capital | 7.55 mm | $311.46 mm |
True Wind Capital Management | 7.55 mm | $55.23 bn |
BLK Blackrock | 6.92 mm | $50.68 bn |
Working Capital Advisors | 6.43 mm | $47.07 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Charles D Jehl | RSU Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 280,112 | 0.00 | 745,405 |
21 Mar 24 | John Joseph Flynn | Common Stock, par value $0.01 per share | Sell | Dispose S | No | Yes | 7.3458 | 50,000 | 367.29 k | 1,993,762 |
15 Mar 24 | Matthew Stark | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 6.67 | 2,808 | 18.73 k | 28,160 |
15 Mar 24 | Matthew Stark | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 11,532 | 0.00 | 30,968 |
15 Mar 24 | Matthew Stark | RSU Common Stock, par value $0.01 per share | Option exercise | Dispose M | No | No | 0 | 11,532 | 0.00 | 97,451 |
15 Mar 24 | Matthew Roe | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 6.67 | 2,852 | 19.02 k | 135,347 |
15 Mar 24 | Matthew Roe | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 11,718 | 0.00 | 138,199 |
15 Mar 24 | Matthew Roe | RSU Common Stock, par value $0.01 per share | Option exercise | Dispose M | No | No | 0 | 11,718 | 0.00 | 45,325 |
15 Mar 24 | Thinh Nguyen | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 6.67 | 3,323 | 22.16 k | 9,780 |
15 Mar 24 | Thinh Nguyen | Common Stock, par value $0.01 per share | Option exercise | Acquire M | No | No | 0 | 11,718 | 0.00 | 13,103 |
News
Raymond James Maintains Outperform on Open Lending, Maintains $8 Price Target
26 Mar 24
JMP Securities Reiterates Market Outperform on Open Lending, Maintains $8 Price Target
26 Mar 24
Open Lending Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
26 Mar 24
Canaccord Genuity Maintains Hold on Open Lending, Lowers Price Target to $7
26 Mar 24
Why Landos Biopharma Shares Are Trading Higher By Over 170%? Here Are Other Stocks Moving In Monday's Mid-Day Session
25 Mar 24
Press releases
Open Lending Announces Leadership Change
25 Mar 24
Thin-File Millennial and Gen Z Borrowers Lead in Credit Tier Advancement, Open Lending and TransUnion Research Finds
25 Mar 24
Open Lending Reveals Winners of the Inaugural Economic Vehicle Accessibility Awards
5 Mar 24
Open Lending Reports Fourth Quarter and Full Year 2023 Financial Results
27 Feb 24
Lending Enablement Solutions Create a Path to Auto Ownership for ITIN Holders, Open Lending Analysis Shows
22 Feb 24