LendingClub (NYSE:LC) Stock Passes Below 200-Day Moving Average – Should You Sell?

LendingClub Corporation (NYSE:LC)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.17 and traded as low as $15.42. LendingClub shares last traded at $15.6320, with a volume of 1,307,503 shares.

Analyst Ratings Changes

LC has been the topic of several recent analyst reports. Wall Street Zen cut LendingClub from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Stephens reissued an “overweight” rating and issued a $22.50 price target (up from $21.00) on shares of LendingClub in a report on Tuesday, April 28th. Piper Sandler reissued an “overweight” rating and issued a $23.00 price target on shares of LendingClub in a report on Thursday, January 29th. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of LendingClub in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, LendingClub has a consensus rating of “Moderate Buy” and a consensus price target of $23.07.

LendingClub Stock Performance

The firm has a market capitalization of $1.83 billion, a P/E ratio of 10.66 and a beta of 2.00. The firm has a 50 day moving average price of $15.49 and a two-hundred day moving average price of $17.15.

LendingClub (NYSE:LC) last released its quarterly earnings data on Monday, April 27th. The credit services provider reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.06. The business had revenue of $252.25 million during the quarter, compared to analyst estimates of $249.10 million. LendingClub had a return on equity of 11.92% and a net margin of 16.99%.The company’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the company posted $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. Equities research analysts forecast that LendingClub Corporation will post 1.72 earnings per share for the current fiscal year.

Insider Buying and Selling at LendingClub

In other news, Director Erin Selleck sold 2,390 shares of LendingClub stock in a transaction that occurred 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 transaction, the director directly owned 78,767 shares of the company’s stock, valued at $1,217,737.82. This trade represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.19% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new position in LendingClub during the third quarter valued at $26,000. International Assets Investment Management LLC acquired a new position in LendingClub during the fourth quarter valued at $40,000. Kestra Advisory Services LLC acquired a new position in LendingClub during the fourth quarter valued at $44,000. Quarry LP raised its position in LendingClub by 343.0% during the third quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock valued at $46,000 after buying an additional 2,346 shares during the period. Finally, Headlands Technologies LLC acquired a new position in LendingClub during the second quarter valued at $53,000. 74.08% of the stock is owned by hedge funds and other institutional investors.

LendingClub Company 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.