Tudor Investment Corp ET AL Invests $2.72 Million in LendingClub Corporation $LC

Tudor Investment Corp ET AL acquired a new stake in shares of LendingClub Corporation (NYSE:LC) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 178,918 shares of the credit services provider’s stock, valued at approximately $2,718,000.

A number of other large investors also recently modified their holdings of the company. Azora Capital LP boosted its stake in LendingClub by 258.2% in the third quarter. Azora Capital LP now owns 2,391,190 shares of the credit services provider’s stock worth $36,322,000 after buying an additional 1,723,658 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of LendingClub by 184.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,121,802 shares of the credit services provider’s stock worth $32,230,000 after acquiring an additional 1,375,002 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of LendingClub by 18.8% in the 3rd quarter. Wellington Management Group LLP now owns 7,960,550 shares of the credit services provider’s stock worth $120,921,000 after acquiring an additional 1,261,861 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of LendingClub by 1,232.2% in the 3rd quarter. Marshall Wace LLP now owns 735,821 shares of the credit services provider’s stock valued at $11,177,000 after purchasing an additional 680,589 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC grew its holdings in shares of LendingClub by 44.3% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,657,356 shares of the credit services provider’s stock valued at $25,175,000 after purchasing an additional 509,008 shares during the last quarter. 74.08% of the stock is owned by hedge funds and other institutional investors.

LendingClub Stock Down 3.6%

Shares of LendingClub stock opened at $13.87 on Friday. The firm has a market cap of $1.60 billion, a PE ratio of 12.06 and a beta of 2.11. LendingClub Corporation has a 12-month low of $7.90 and a 12-month high of $21.67. The company’s fifty day simple moving average is $16.17 and its two-hundred day simple moving average is $17.26.

LendingClub (NYSE:LC) last issued its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The firm had revenue of $266.47 million during 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%. The company’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.08 earnings per share. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. As a group, sell-side analysts expect that LendingClub Corporation will post 0.72 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on LC shares. BTIG Research restated a “buy” rating and set a $26.00 price target on shares of LendingClub in a research report on Thursday, January 29th. Weiss Ratings reissued a “hold (c)” rating on shares of LendingClub in a research note on Monday, December 29th. Zacks Research upgraded LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Piper Sandler restated an “overweight” rating and set a $23.00 price target on shares of LendingClub in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. lifted their price target on LendingClub from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, LendingClub has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Insider Transactions at LendingClub

In other LendingClub news, Director Erin Selleck sold 2,390 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $15.46, for a total transaction of $36,949.40. Following the completion of the transaction, the director owned 78,767 shares of the company’s stock, valued at $1,217,737.82. This represents a 2.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.19% of the stock is currently owned by corporate insiders.

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.