Teacher Retirement System of Texas Sells 46,487 Shares of LendingClub Corporation $LC

Teacher Retirement System of Texas lowered its stake in shares of LendingClub Corporation (NYSE:LC) by 34.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,373 shares of the credit services provider’s stock after selling 46,487 shares during the quarter. Teacher Retirement System of Texas’ holdings in LendingClub were worth $1,327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Lido Advisors LLC purchased a new stake in LendingClub in the second quarter worth $1,202,000. Assenagon Asset Management S.A. lifted its position in LendingClub by 184.1% during the third quarter. Assenagon Asset Management S.A. now owns 2,121,802 shares of the credit services provider’s stock valued at $32,230,000 after buying an additional 1,375,002 shares during the period. Capital Fund Management S.A. boosted its holdings in shares of LendingClub by 183.9% during the 2nd quarter. Capital Fund Management S.A. now owns 213,008 shares of the credit services provider’s stock valued at $2,562,000 after buying an additional 137,972 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of LendingClub by 18.9% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 46,771 shares of the credit services provider’s stock worth $563,000 after buying an additional 7,431 shares during the period. Finally, Jump Financial LLC grew its position in shares of LendingClub by 106.6% in the 2nd quarter. Jump Financial LLC now owns 429,350 shares of the credit services provider’s stock worth $5,165,000 after buying an additional 221,581 shares during the period. 74.08% of the stock is currently owned by hedge funds and other institutional investors.

LendingClub Price Performance

LC stock opened at $16.91 on Monday. The stock has a market capitalization of $1.95 billion, a P/E ratio of 14.70 and a beta of 2.08. LendingClub Corporation has a 1-year low of $7.90 and a 1-year high of $21.67. The business has a fifty day moving average price of $19.42 and a 200-day moving average price of $17.30.

LendingClub (NYSE:LC) last released its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. LendingClub had a return on equity of 9.62% 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 period last year, the company earned $0.08 EPS. LendingClub’s revenue for the quarter 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, analysts anticipate that LendingClub Corporation will post 0.72 earnings per share for the current year.

LendingClub declared that its board has initiated a share buyback program on Wednesday, November 5th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the credit services provider to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at LendingClub

In other news, Director Erin Selleck sold 2,390 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $19.47, for a total transaction of $46,533.30. Following the completion of the transaction, the director directly owned 76,377 shares of the company’s stock, valued at $1,487,060.19. The trade was a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.31% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LC shares. Keefe, Bruyette & Woods boosted their price objective on shares of LendingClub from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. JPMorgan Chase & Co. boosted their price target on LendingClub from $22.00 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. BTIG Research restated a “buy” rating and issued a $26.00 price target on shares of LendingClub in a research note on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of LendingClub in a report on Monday, December 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 price target on shares of LendingClub in a research report on Thursday. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.00.

More LendingClub News

Here are the key news stories impacting LendingClub this week:

• Positive Sentiment: Quarterly beat and stronger guidance — LC reported Q4 EPS of $0.35 (vs. ~$0.34 consensus) and revenue of ~$266M, with revenue and originations rising year-over-year; the company raised FY2026 EPS guidance to $1.65–$1.80, above Wall Street consensus. This underpins faster growth expectations. Read More.
• Positive Sentiment: Loan origination and product traction — Originations rose ~40% YoY to ~$2.6B and management highlighted growth in its LevelUp product suite, supporting revenue visibility and customer acquisition progress. Read More.
• Positive Sentiment: Analyst support — BTIG reaffirmed a “buy” rating with a $26 price target, supplying a constructive counterpoint for investors looking past the headline noise. Read More.
• Neutral Sentiment: Deep-dive coverage and transcripts available — Multiple outlets published earnings transcripts and deep dives that help investors separate one-time disclosures from operating performance, useful for modeling but not immediately market-moving. Read More.
• Negative Sentiment: Accounting-shift disclosure triggered sharp sell-off — A newly disclosed accounting change prompted investor concern about metric comparability and near-term reported results, prompting a steep intraday drop in shares. That disclosure is the principal driver of recent market volatility. Read More.
• Negative Sentiment: Leadership shakeup raises governance and execution concerns — Reports of management changes prompted questions about continuity as the company scales, amplifying short-term selling pressure. Read More.
• Negative Sentiment: Market reaction and investor commentary emphasize risk — Several analyst and commentary pieces interpret the combination of the accounting disclosure and management moves as reasons for the recent sell-off, increasing near-term headline risk despite solid underlying metrics. Read More.

LendingClub Company Profile

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.