Lendingclub (NASDAQ:HAPN) SVP Fergal Stack Sells 37,500 Shares of Stock

Lendingclub Corp (NASDAQ:HAPNGet Free Report) SVP Fergal Stack sold 37,500 shares of Lendingclub stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $18.64, for a total value of $699,000.00. Following the transaction, the senior vice president directly owned 77,477 shares of the company’s stock, valued at approximately $1,444,171.28. The trade was a 32.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fergal Stack also recently made the following trade(s):

  • On Tuesday, August 18th, Fergal Stack sold 40,000 shares of Lendingclub stock. The shares were sold at an average price of $18.86, for a total transaction of $754,400.00.
  • On Wednesday, July 1st, Fergal Stack sold 50,000 shares of Lendingclub stock. The stock was sold at an average price of $21.01, for a total transaction of $1,050,500.00.

Lendingclub Stock Performance

HAPN opened at $17.97 on Friday. The stock has a market capitalization of $2.07 billion, a PE ratio of 10.83 and a beta of 1.91. Lendingclub Corp has a twelve month low of $13.05 and a twelve month high of $21.67.

Lendingclub (NASDAQ:HAPNGet Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.08. The firm had revenue of $262.86 million during the quarter. Lendingclub had a net margin of 18.67% and a return on equity of 12.92%. Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. Analysts expect that Lendingclub Corp will post 1.87 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on HAPN shares. BTIG Research reissued a “buy” rating and issued a $25.00 target price on shares of Lendingclub in a report on Tuesday, July 28th. Citizens Jmp raised their price target on Lendingclub from $23.00 to $25.00 and gave the company a “market outperform” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings started coverage on Lendingclub in a research report on Thursday, June 25th. They issued a “hold (c+)” rating for the company. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Lendingclub currently has an average rating of “Moderate Buy” and a consensus target price of $25.00.

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About Lendingclub

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I couldn’t find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description.

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