LendingClub Corporation $LC Shares Sold by Long Focus Capital Management LLC

Long Focus Capital Management LLC lessened its holdings in shares of LendingClub Corporation (NYSE:LC) by 40.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,200,000 shares of the credit services provider’s stock after selling 810,725 shares during the quarter. Long Focus Capital Management LLC owned approximately 1.04% of LendingClub worth $18,228,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in LC. AQR Capital Management LLC grew its position in shares of LendingClub by 165.1% in the first quarter. AQR Capital Management LLC now owns 33,788 shares of the credit services provider’s stock valued at $349,000 after purchasing an additional 21,045 shares during the period. Goldman Sachs Group Inc. lifted its position in LendingClub by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 852,005 shares of the credit services provider’s stock worth $8,793,000 after buying an additional 12,019 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in LendingClub by 3.9% in 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 worth $3,103,000 after buying an additional 11,407 shares during the last quarter. Geode Capital Management LLC boosted its stake in LendingClub by 1.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,699,141 shares of the credit services provider’s stock worth $32,476,000 after buying an additional 34,221 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in LendingClub by 9.9% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 26,063 shares of the credit services provider’s stock valued at $314,000 after buying an additional 2,354 shares during the period. Institutional investors and hedge funds own 74.08% of the company’s stock.

Analyst Ratings Changes

LC has been the topic of several recent analyst reports. Zacks Research upgraded shares of LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. BTIG Research restated a “buy” rating and issued a $26.00 target price on shares of LendingClub in a report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LendingClub in a research report on Monday, December 29th. Wall Street Zen downgraded shares of LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $23.00 price target on shares of LendingClub in a report on Thursday, January 29th. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

LendingClub Trading Up 0.5%

Shares of NYSE LC opened at $13.87 on Tuesday. The stock has a fifty day moving average price of $17.26 and a 200 day moving average price of $17.43. LendingClub Corporation has a 12-month low of $7.90 and a 12-month high of $21.67. The company has a market cap of $1.60 billion, a P/E ratio of 12.06 and a beta of 2.11.

LendingClub (NYSE:LC) last issued its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 EPS 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 company had revenue of $266.47 million for the quarter, compared to analysts’ expectations of $262.88 million. During the same quarter in the previous year, the firm posted $0.08 earnings per share. 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. On average, sell-side analysts forecast that LendingClub Corporation will post 0.72 EPS for the current fiscal year.

Insiders Place Their Bets

In other LendingClub news, Director Erin Selleck sold 2,390 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $15.46, for a total value of $36,949.40. Following the completion of the transaction, the director owned 78,767 shares in the company, valued at $1,217,737.82. This represents a 2.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.31% of the stock is currently owned by corporate insiders.

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.