Key Points
- Director Erin Selleck sold 2,390 shares on March 5 at an average price of $15.46 for about $36,949, cutting her stake by 2.94% to 78,767 shares (SEC filing).
- Company results and guidance remain solid: LendingClub posted $0.35 EPS (vs. $0.34 expected) with revenue up 22.7% y/y to $266.5M, guided FY2026 EPS of $1.65–$1.80 and Q1 2026 EPS of $0.34–$0.39, and carries a consensus analyst rating of "Moderate Buy" with an average $22 price target.
LendingClub Corporation (NYSE:LC - Get Free Report) Director Erin Selleck sold 2,390 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the completion of the sale, the director owned 78,767 shares of the company's stock, valued at approximately $1,217,737.82. This represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
LendingClub Price Performance
NYSE:LC opened at $14.77 on Tuesday. The business's 50-day moving average is $17.77 and its two-hundred day moving average is $17.52. The firm has a market capitalization of $1.70 billion, a PE ratio of 12.85 and a beta of 2.11. LendingClub Corporation has a 12 month low of $7.90 and a 12 month high of $21.67.
LendingClub (NYSE:LC - Get Free Report) last issued its earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. LendingClub had a return on equity of 9.47% and a net margin of 13.58%.The company had revenue of $266.47 million during the quarter, compared to the consensus estimate of $262.88 million. During the same quarter in the prior year, the business earned $0.08 earnings per share. The company's revenue was up 22.7% compared to the same quarter last year. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. Equities analysts anticipate that LendingClub Corporation will post 0.72 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of LendingClub in a research report on Monday, December 29th. Citizens Jmp raised shares of LendingClub from a "market perform" rating to an "outperform" rating and set a $23.00 target price on the stock in a research report on Monday, November 10th. JPMorgan Chase & Co. upped their target price on shares of LendingClub from $22.00 to $25.00 and gave the company an "overweight" rating in a research note on Thursday, December 4th. Wall Street Zen lowered shares of LendingClub from a "buy" rating to a "hold" rating in a report on Sunday, February 15th. Finally, Zacks Research raised shares of LendingClub from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $22.00.
Get Our Latest Report on LendingClub
Institutional Investors Weigh In On LendingClub
A number of hedge funds have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd purchased a new stake in LendingClub during the 3rd quarter worth approximately $26,000. International Assets Investment Management LLC acquired a new position in shares of LendingClub in the 4th quarter valued at approximately $40,000. Kestra Advisory Services LLC purchased a new position in shares of LendingClub during the 4th quarter valued at approximately $44,000. Quarry LP grew its position in shares of LendingClub by 343.0% during the third quarter. Quarry LP now owns 3,030 shares of the credit services provider's stock worth $46,000 after buying an additional 2,346 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in shares of LendingClub by 1,435.4% during the fourth quarter. Larson Financial Group LLC now owns 3,040 shares of the credit services provider's stock worth $58,000 after buying an additional 2,842 shares in the last quarter. Institutional investors and hedge funds own 74.08% of the company's stock.
About LendingClub
(
Get Free Report)
LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.
Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.
Further Reading
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