LendingClub Corporation $LC Shares Acquired by Round Rock Advisors LLC

Round Rock Advisors LLC lifted its stake in shares of LendingClub Corporation (NYSE:LCFree Report) by 58.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 75,504 shares of the credit services provider’s stock after purchasing an additional 27,999 shares during the quarter. Round Rock Advisors LLC owned about 0.07% of LendingClub worth $1,430,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of LendingClub by 3.5% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,482 shares of the credit services provider’s stock worth $357,000 after purchasing an additional 793 shares during the period. Osaic Holdings Inc. boosted its position in shares of LendingClub by 8.8% in the 2nd quarter. Osaic Holdings Inc. now owns 13,354 shares of the credit services provider’s stock worth $160,000 after buying an additional 1,084 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of LendingClub by 46.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,051 shares of the credit services provider’s stock worth $67,000 after buying an additional 1,290 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of LendingClub in the 3rd quarter worth about $26,000. Finally, Interval Partners LP boosted its position in shares of LendingClub by 0.8% in the 3rd quarter. Interval Partners LP now owns 231,142 shares of the credit services provider’s stock worth $3,511,000 after buying an additional 1,838 shares in the last quarter. 74.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LC has been the topic of several recent research reports. BTIG Research reiterated a “buy” rating and issued a $26.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. Piper Sandler reiterated an “overweight” rating and issued a $23.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. Wall Street Zen lowered shares of LendingClub from a “buy” rating to a “hold” rating in a research report on Sunday, February 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of LendingClub in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of LendingClub from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Get Our Latest Report on LendingClub

Insider Buying and Selling at LendingClub

In other news, Director Erin Selleck sold 2,390 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $15.46, for a total transaction of $36,949.40. Following the transaction, the director directly owned 78,767 shares in the company, valued at $1,217,737.82. This represents a 2.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.31% of the stock is currently owned by insiders.

LendingClub Trading Up 2.6%

NYSE:LC opened at $17.90 on Tuesday. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 15.57 and a beta of 1.95. The company’s 50-day moving average is $15.11 and its two-hundred day moving average is $17.12. LendingClub Corporation has a 12-month low of $9.00 and a 12-month high of $21.67.

LendingClub (NYSE:LCGet Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. The business had revenue of $266.47 million for the quarter, compared to analyst estimates of $262.88 million. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The company’s revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 EPS. 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, equities research analysts forecast that LendingClub Corporation will post 1.64 earnings per share for the current fiscal year.

LendingClub Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for LendingClub (NYSE:LC)

Receive News & Ratings for LendingClub Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LendingClub and related companies with MarketBeat.com's FREE daily email newsletter.