KAR Auction Ownership
| KAR Stock | USD 20.20 0.26 1.30% |
Shares in Circulation | First Issued 2009-03-31 | Previous Quarter 109 M | Current Value 109 M | Avarage Shares Outstanding 130.4 M | Quarterly Volatility 12.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
KAR |
KAR Stock Ownership Analysis
About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.61. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. KAR Auction Services has Price/Earnings To Growth (PEG) ratio of 1.34. The entity last dividend was issued on the 19th of March 2020. The firm had 2642:1000 split on the 28th of June 2019. KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. KAR Auction Services, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana. Kar Auction operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 8256 people. To find out more about KAR Auction Services contact James Hallett at 800 923 3725 or learn more at https://corporate.openlane.com.Besides selling stocks to institutional investors, KAR Auction also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different KAR Auction's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align KAR Auction's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
KAR Auction Quarterly Liabilities And Stockholders Equity |
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KAR Auction Insider Trades History
Only 1.81% of KAR Auction Services are currently held by insiders. Unlike KAR Auction's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against KAR Auction's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of KAR Auction's insider trades
KAR Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as KAR Auction is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KAR Auction Services backward and forwards among themselves. KAR Auction's institutional investor refers to the entity that pools money to purchase KAR Auction's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Cadian Capital Management Lp | 2024-09-30 | 2.4 M | Paradice Investment Management Llc | 2024-09-30 | 2.3 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.8 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.8 M | Marathon Asset Mgmt Ltd | 2024-09-30 | 1.7 M | William Blair Investment Management, Llc | 2024-09-30 | 1.5 M | D. E. Shaw & Co Lp | 2024-09-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.3 M | Deutsche Bank Ag | 2024-06-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 16.8 M | Vanguard Group Inc | 2024-09-30 | 12.2 M |
KAR Auction Services Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific KAR Auction insiders, such as employees or executives, is commonly permitted as long as it does not rely on KAR Auction's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases KAR Auction insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
KAR Auction's latest congressional trading
Congressional trading in companies like KAR Auction Services, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in KAR Auction by those in governmental positions are based on the same information available to the general public.
| 2019-05-10 | Representative John Rutherford | Acquired Under $15K | Verify |
KAR Auction Outstanding Bonds
KAR Auction issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. KAR Auction Services uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most KAR bonds can be classified according to their maturity, which is the date when KAR Auction Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
KAR Auction Corporate Filings
8K | 19th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 26th of June 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Pair Trading with KAR Auction
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KAR Auction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KAR Auction will appreciate offsetting losses from the drop in the long position's value.Moving together with KAR Stock
Moving against KAR Stock
| 0.73 | PFMT | Performant Financial | PairCorr |
| 0.65 | CVEO | Civeo Corp | PairCorr |
| 0.62 | GP | GreenPower Motor | PairCorr |
| 0.6 | W | Wayfair Buyout Trend | PairCorr |
| 0.57 | DIBS | 1StdibsCom | PairCorr |
The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KAR Auction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KAR Auction Services to buy it.
The correlation of KAR Auction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KAR Auction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KAR Stock Analysis
When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.