LendingClub Corp (NYSE: LC) is -12.97% lower on its value in year-to-date trading and has touched a low of $7.48 and a high of $18.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LC stock was last observed hovering at around $13.15 in the last trading session, with the day’s gains setting it 0.94%.
Currently trading at $14.09, the stock is -4.12% and -10.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 7.15% at the moment leaves the stock 15.12% off its SMA200. LC registered 66.16% gain for a year compared to 6-month gain of 30.58%. The firm has a 50-day simple moving average (SMA 50) of $15.6586 and a 200-day simple moving average (SMA200) of $12.239.
The stock witnessed a -13.56% loss in the last 1 month and extending the period to 3 months gives it a -10.14%, and is 4.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.95% over the week and 3.77% over the month.
LendingClub Corp (LC) has around 1002 employees, a market worth around $1.60B and $1.32B in sales. Current P/E ratio is 30.98 and Fwd P/E is 10.50. Profit margin for the company is 3.90%. Distance from 52-week low is 88.37% and -24.85% from its 52-week high. The company has generated returns on investments over the last 12 months (3.78%).
with sales reaching $213.14M over the same period.The EPS is expected to grow by 73.43% this year, but quarterly earnings will post 18.47% year-over-year. Quarterly sales are estimated to grow 17.96% in year-over-year returns.
LendingClub Corp (LC) Top Institutional Holders
320.0 institutions hold shares in LendingClub Corp (LC), with institutional investors hold 80.97% of the company’s shares. The shares outstanding are 113.38M, and float is at 109.47M with Short Float at 4.61%. Institutions hold 78.53% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.97 million shares valued at $101.3 million. The investor’s holdings represent 10.8176% of the LC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.45 million shares valued at $71.49 million to account for 7.634 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.9 million shares representing 5.3291% and valued at over $49.9 million, while JACKSON SQUARE PARTNERS, LLC holds 4.5893 of the shares totaling 5.08 million with a market value of $42.97 million.
LendingClub Corp (LC) Insider Activity
The most recent transaction is an insider sale by Sanborn Scott, the company’s CEO. SEC filings show that Sanborn Scott sold 17,000 shares of the company’s common stock on Feb 06 ’25 at a price of $13.76 per share for a total of $0.23 million. Following the sale, the insider now owns 1.3 million shares.
LendingClub Corp disclosed in a document filed with the SEC on Feb 05 ’25 that Selleck Erin (Director) sold a total of 703 shares of the company’s common stock. The trade occurred on Feb 05 ’25 and was made at $13.21 per share for $9287.0. Following the transaction, the insider now directly holds 71597.0 shares of the LC stock.
Still, SEC filings show that on Feb 03 ’25, ZEISSER MICHAEL P (Director) acquired 20,000 shares at an average price of $12.88 for $0.26 million. The insider now directly holds 148,018 shares of LendingClub Corp (LC).
