Tudor Investment Corp ET AL Buys Shares of 178,918 LendingClub Corporation $LC

Tudor Investment Corp ET AL purchased a new position in LendingClub Corporation (NYSE:LC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 178,918 shares of the credit services provider’s stock, valued at approximately $2,718,000. Tudor Investment Corp ET AL owned 0.16% of LendingClub at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in LC. AQR Capital Management LLC lifted its holdings in LendingClub by 165.1% during the 1st quarter. AQR Capital Management LLC now owns 33,788 shares of the credit services provider’s stock worth $349,000 after purchasing an additional 21,045 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in LendingClub by 1.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 852,005 shares of the credit services provider’s stock worth $8,793,000 after purchasing an additional 12,019 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in LendingClub by 3.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 300,658 shares of the credit services provider’s stock valued at $3,103,000 after buying an additional 11,407 shares in the last quarter. Geode Capital Management LLC grew its holdings in LendingClub by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,699,141 shares of the credit services provider’s stock valued at $32,476,000 after buying an additional 34,221 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of LendingClub by 105.9% during the second quarter. Cetera Investment Advisers now owns 28,870 shares of the credit services provider’s stock valued at $347,000 after buying an additional 14,851 shares during the period. 74.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Erin Selleck sold 2,390 shares of LendingClub stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total transaction of $36,949.40. Following the completion of the sale, the director directly owned 78,767 shares of the company’s stock, valued at approximately $1,217,737.82. The trade was a 2.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 3.19% of the company’s stock.

LendingClub Trading Down 3.6%

LC stock opened at $13.87 on Friday. The company’s 50 day moving average is $16.17 and its 200 day moving average is $17.26. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 12.06 and a beta of 2.11. LendingClub Corporation has a 1-year low of $7.90 and a 1-year high of $21.67.

LendingClub (NYSE:LC) last announced its earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The business had revenue of $266.47 million during the quarter, compared to analyst estimates of $262.88 million. During the same period in the previous year, the business posted $0.08 earnings per share. 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, sell-side analysts forecast that LendingClub Corporation will post 0.72 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on LC. BTIG Research restated a “buy” rating and issued a $26.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LendingClub in a report on Monday, December 29th. Wall Street Zen cut shares of LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Zacks Research upgraded shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 price target on shares of LendingClub in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, LendingClub currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.00.

LendingClub 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.