LendingClub Corporation $LC Shares Purchased by Senvest Management LLC

Senvest Management LLC increased its stake in LendingClub Corporation (NYSE:LC) by 5.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 4,546,812 shares of the credit services provider’s stock after acquiring an additional 226,754 shares during the quarter. LendingClub comprises approximately 2.2% of Senvest Management LLC’s investment portfolio, making the stock its 20th biggest position. Senvest Management LLC’s holdings in LendingClub were worth $65,110,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in LC. International Assets Investment Management LLC purchased a new position in LendingClub during the fourth quarter valued at $40,000. Kestra Advisory Services LLC purchased a new stake in shares of LendingClub during the fourth quarter worth about $44,000. Quarry LP raised its position in shares of LendingClub by 343.0% during the 3rd quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock worth $46,000 after purchasing an additional 2,346 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of LendingClub during the 2nd quarter worth about $53,000. Finally, Larson Financial Group LLC raised its position in shares of LendingClub by 1,435.4% during the 4th quarter. Larson Financial Group LLC now owns 3,040 shares of the credit services provider’s stock worth $58,000 after purchasing an additional 2,842 shares during the last quarter. 74.08% of the stock is currently owned by institutional investors and hedge funds.

LendingClub Stock Performance

NYSE:LC opened at $19.21 on Friday. LendingClub Corporation has a one year low of $10.74 and a one year high of $21.67. The stock has a market cap of $2.22 billion, a PE ratio of 12.89 and a beta of 1.98. The stock has a 50 day moving average price of $18.23 and a 200 day moving average price of $17.15.

LendingClub (NYSE:LC) last announced its quarterly earnings data on Monday, April 27th. The credit services provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.06. The firm had revenue of $252.25 million for the quarter, compared to the consensus estimate of $249.10 million. LendingClub had a return on equity of 11.92% and a net margin of 16.99%.The firm’s revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 earnings per share. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. As a group, analysts predict that LendingClub Corporation will post 1.74 earnings per share for the current fiscal year.

Insider Buying and Selling

In other LendingClub news, SVP Fergal Stack sold 60,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $19.00, for a total value of $1,140,000.00. Following the completion of the sale, the senior vice president directly owned 204,977 shares of the company’s stock, valued at $3,894,563. This trade represents a 22.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Scott Sanborn sold 4,899 shares of LendingClub stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $18.00, for a total value of $88,182.00. Following the transaction, the chief executive officer owned 1,589,813 shares in the company, valued at approximately $28,616,634. This represents a 0.31% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 119,750 shares of company stock valued at $2,183,691 over the last 90 days. Insiders own 3.19% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on LC. Zacks Research upgraded LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Stephens restated an “overweight” rating and issued a $22.50 target price (up from $21.00) on shares of LendingClub in a research report on Tuesday, April 28th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $23.07.

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.