LendingClub (NYSE:LC) Trading Down 9.1% – Time to Sell?

LendingClub Corporation (NYSE:LC) shares were down 9.1% during mid-day trading on Monday . The stock traded as low as $14.67 and last traded at $14.7810. Approximately 1,007,433 shares traded hands during trading, a decline of 57% from the average daily volume of 2,350,567 shares. The stock had previously closed at $16.26.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LC. BTIG Research restated a “buy” rating and set a $26.00 price target on shares of LendingClub in a research report on Thursday, January 29th. Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. Keefe, Bruyette & Woods raised their price target on shares of LendingClub from $20.00 to $22.00 and gave the company an “outperform” rating in a report on Friday, November 7th. JPMorgan Chase & Co. lifted their price objective on LendingClub from $22.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Finally, Citizens Jmp upgraded shares of LendingClub from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, LendingClub currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

LendingClub Price Performance

The business has a fifty day moving average of $18.48 and a 200-day moving average of $17.51. The stock has a market cap of $1.85 billion, a PE ratio of 13.99 and a beta of 2.08.

LendingClub (NYSE:LC) last issued its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. LendingClub had a return on equity of 9.47% and a net margin of 13.58%.The firm had revenue of $266.47 million during the quarter, compared to analysts’ expectations of $262.88 million. During the same period in the prior year, the business posted $0.08 EPS. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. As a group, equities research analysts predict that LendingClub Corporation will post 0.72 EPS for the current year.

LendingClub declared that its board has authorized a share buyback plan on Wednesday, November 5th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the credit services provider to buy up to 4.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling at LendingClub

In other LendingClub news, Director Erin Selleck sold 2,390 shares of LendingClub stock in a transaction on Friday, December 5th. The shares were sold at an average price of $19.47, for a total value of $46,533.30. Following the completion of the transaction, the director owned 76,377 shares of the company’s stock, valued at approximately $1,487,060.19. The trade was a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.19% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On LendingClub

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Creek Drive Management Group LLC acquired a new position in LendingClub in the fourth quarter valued at approximately $1,724,000. Mackenzie Financial Corp acquired a new stake in LendingClub during the 4th quarter worth approximately $413,000. Regal Partners Ltd purchased a new position in LendingClub in the fourth quarter valued at $2,112,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of LendingClub during the fourth quarter worth about $63,580,000. Finally, XTX Topco Ltd grew its holdings in LendingClub by 43.9% during the 4th quarter. XTX Topco Ltd now owns 15,676 shares of the credit services provider’s stock worth $297,000 after acquiring an additional 4,786 shares in the last quarter. Institutional investors and hedge funds own 74.08% of the company’s stock.

About LendingClub

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.