Lendingclub Corp (NASDAQ:HAPN – Get Free Report) CEO Scott Sanborn sold 28,750 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $19.17, for a total value of $551,137.50. Following the sale, the chief executive officer owned 1,561,063 shares in the company, valued at approximately $29,925,577.71. This represents a 1.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lendingclub Stock Up 2.2%
HAPN opened at $20.10 on Friday. Lendingclub Corp has a 12-month low of $11.75 and a 12-month high of $21.67. The company has a market capitalization of $2.32 billion, a PE ratio of 13.20 and a beta of 1.98.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings initiated coverage on Lendingclub in a research report on Thursday. They issued a “hold (c+)” rating on the stock. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Lendingclub currently has a consensus rating of “Hold”.
Lendingclub Company Profile
I couldn’t find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description.
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