Emerald Mutual Fund Advisers Trust Boosts Stake in LendingClub Corporation $LC

Emerald Mutual Fund Advisers Trust increased its position in LendingClub Corporation (NYSE:LC) by 21.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 700,631 shares of the credit services provider’s stock after purchasing an additional 123,040 shares during the period. Emerald Mutual Fund Advisers Trust’s holdings in LendingClub were worth $10,033,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of LendingClub in the 4th quarter worth about $40,000. Kestra Advisory Services LLC bought a new position in shares of LendingClub in the 4th quarter worth about $44,000. Quarry LP grew its holdings in LendingClub by 343.0% in the third quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock worth $46,000 after purchasing an additional 2,346 shares during the period. Headlands Technologies LLC bought a new position in shares of LendingClub during the second quarter valued at approximately $53,000. Finally, Larson Financial Group LLC increased its stake in shares of LendingClub by 1,435.4% during the fourth quarter. Larson Financial Group LLC now owns 3,040 shares of the credit services provider’s stock valued at $58,000 after purchasing an additional 2,842 shares in the last quarter. Institutional investors own 74.08% of the company’s stock.

LendingClub Price Performance

LC stock opened at $19.21 on Tuesday. LendingClub Corporation has a 1-year low of $10.74 and a 1-year high of $21.67. The business has a fifty day moving average price of $17.72 and a 200-day moving average price of $17.14. The stock has a market capitalization of $2.22 billion, a P/E ratio of 12.89 and a beta of 1.98.

LendingClub (NYSE:LC) last released its quarterly earnings data on Monday, April 27th. The credit services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.38 by $0.06. LendingClub had a return on equity of 11.92% and a net margin of 16.99%.The company had revenue of $252.25 million for the quarter, compared to analysts’ expectations of $249.10 million. During the same period last year, the firm posted $0.10 earnings per share. LendingClub’s revenue was up 15.9% compared to the same quarter last year. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. As a group, analysts anticipate that LendingClub Corporation will post 1.74 earnings per share for the current year.

Insider Activity at LendingClub

In other news, General Counsel Jordan Cheng sold 5,500 shares of LendingClub stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $17.00, for a total value of $93,500.00. Following the completion of the sale, the general counsel directly owned 113,574 shares in the company, valued at $1,930,758. The trade was a 4.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Scott Sanborn sold 23,851 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $17.86, for a total transaction of $425,978.86. Following the transaction, the chief executive officer directly owned 1,594,712 shares of the company’s stock, valued at $28,481,556.32. The trade was a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 119,750 shares of company stock worth $2,183,691 over the last quarter. 3.19% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Stephens reissued an “overweight” rating and issued a $22.50 price target (up from $21.00) on shares of LendingClub in a research report on Tuesday, April 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a research report on Wednesday, May 6th. Finally, Zacks Research upgraded LendingClub from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, LendingClub has an average rating of “Moderate Buy” and a consensus price target of $23.07.

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.