Quantbot Technologies LP Sells 90,470 Shares of LendingClub Corporation $LC

Quantbot Technologies LP lowered its position in LendingClub Corporation (NYSE:LC) by 44.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,020 shares of the credit services provider’s stock after selling 90,470 shares during the quarter. Quantbot Technologies LP’s holdings in LendingClub were worth $1,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd acquired a new position in LendingClub in the 3rd quarter valued at approximately $26,000. Jones Financial Companies Lllp grew its stake in shares of LendingClub by 46.7% in the third quarter. Jones Financial Companies Lllp now owns 4,051 shares of the credit services provider’s stock worth $67,000 after purchasing an additional 1,290 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of LendingClub in the second quarter worth $53,000. State of Alaska Department of Revenue acquired a new stake in LendingClub in the third quarter valued at $69,000. Finally, Marex Group plc bought a new position in LendingClub during the 2nd quarter worth $120,000. 74.08% of the stock is currently owned by institutional investors and hedge funds.

LendingClub Stock Performance

LendingClub stock opened at $15.57 on Thursday. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 13.54 and a beta of 2.11. LendingClub Corporation has a 52-week low of $7.90 and a 52-week high of $21.67. The stock’s 50 day moving average price is $18.05 and its two-hundred day moving average price is $17.51.

LendingClub (NYSE:LC) last released its earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $266.47 million for the quarter, compared to the consensus estimate of $262.88 million. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. LendingClub’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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 0.72 EPS for the current year.

LendingClub declared that its Board of Directors has initiated a stock repurchase program on Wednesday, November 5th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the credit services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at LendingClub

In other news, Director Erin Selleck sold 2,390 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $19.47, for a total transaction of $46,533.30. Following the transaction, the director owned 76,377 shares of the company’s stock, valued at $1,487,060.19. This represents a 3.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.19% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on LC. Zacks Research upgraded LendingClub from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Wall Street Zen cut LendingClub from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. BTIG Research reiterated a “buy” rating and issued a $26.00 target price on shares of LendingClub in a report on Thursday, January 29th. Piper Sandler restated an “overweight” rating and set a $23.00 price target on shares of LendingClub in a report on Thursday, January 29th. Finally, Janney Montgomery Scott boosted their price target on shares of LendingClub from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

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.