UBS Group AG Sells 41,049 Shares of LendingClub Corporation $LC

UBS Group AG lessened its stake in LendingClub Corporation (NYSE:LC) by 11.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 326,369 shares of the credit services provider’s stock after selling 41,049 shares during the period. UBS Group AG owned 0.28% of LendingClub worth $6,181,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in LendingClub by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 11,697,333 shares of the credit services provider’s stock worth $221,547,000 after purchasing an additional 516,542 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in LendingClub by 24.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 327,727 shares of the credit services provider’s stock worth $6,227,000 after purchasing an additional 63,845 shares during the last quarter. Round Rock Advisors LLC raised its position in LendingClub by 58.9% in the 4th quarter. Round Rock Advisors LLC now owns 75,504 shares of the credit services provider’s stock worth $1,430,000 after purchasing an additional 27,999 shares during the last quarter. Evergreen Capital Management LLC acquired a new stake in LendingClub during the 4th quarter worth $401,000. Finally, Bayforest Capital Ltd acquired a new stake in LendingClub during the 4th quarter worth $91,000. Institutional investors own 74.08% of the company’s stock.

Insiders Place Their Bets

In related news, Director Erin Selleck sold 2,390 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the completion of the transaction, the director directly owned 78,767 shares of the company’s stock, valued at approximately $1,217,737.82. This represents a 2.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.31% of the company’s stock.

LendingClub Stock Down 2.5%

Shares of LC stock opened at $15.24 on Wednesday. LendingClub Corporation has a 12-month low of $9.70 and a 12-month high of $21.67. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 10.22 and a beta of 2.00. The firm has a fifty day moving average of $15.47 and a 200-day moving average of $17.16.

LendingClub (NYSE:LC) last announced its earnings results on Monday, April 27th. The credit services provider reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.06. The firm had revenue of $252.25 million during the quarter, compared to analyst estimates of $249.10 million. LendingClub had a net margin of 16.99% and a return on equity of 11.92%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 EPS. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. Research analysts expect that LendingClub Corporation will post 1.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on LC. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a report on Wednesday, May 6th. Stephens reaffirmed an “overweight” rating and set a $22.50 target price (up from $21.00) on shares of LendingClub in a report on Tuesday, April 28th. Zacks Research raised LendingClub from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Wall Street Zen cut LendingClub from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Piper Sandler restated an “overweight” rating and set a $23.00 target price 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.07.

About LendingClub

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.