LendingClub (NYSE:LC) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of LendingClub Corporation (NYSE:LC) passed below its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on LC shares. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Wall Street Zen lowered shares of LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Piper Sandler reissued an “overweight” rating and issued a $23.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. BTIG Research reissued a “buy” rating and issued a $26.00 price objective on shares of LendingClub in a research report on Thursday, January 29th. Finally, Stephens reaffirmed an “overweight” rating and set a $22.50 target price (up from $21.00) on shares of LendingClub in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, LendingClub currently has an average rating of “Moderate Buy” and an average target price of $23.07.

LendingClub Stock Performance

The company’s 50 day moving average is $15.46 and its 200 day moving average is $17.17. The firm has a market cap of $1.80 billion, a P/E ratio of 10.49 and a beta of 2.00.

LendingClub (NYSE:LC) last announced its quarterly earnings results on Monday, April 27th. The credit services provider reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.06. LendingClub had a net margin of 16.99% and a return on equity of 11.92%. The firm had revenue of $252.25 million during the quarter, compared to analysts’ expectations of $249.10 million. During the same period in the prior year, the company posted $0.10 EPS. The company’s revenue was up 15.9% on a year-over-year basis. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. On average, equities research analysts anticipate that LendingClub Corporation will post 1.72 EPS for the current year.

Insider Buying and Selling

In other LendingClub news, Director Erin Selleck sold 2,390 shares of the firm’s stock in a transaction 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 completion of the sale, the director directly owned 78,767 shares in the company, valued at approximately $1,217,737.82. This trade represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.31% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of LendingClub by 3.5% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,482 shares of the credit services provider’s stock valued at $357,000 after buying an additional 793 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of LendingClub by 8.8% during the second quarter. Osaic Holdings Inc. now owns 13,354 shares of the credit services provider’s stock valued at $160,000 after purchasing an additional 1,084 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of LendingClub by 46.7% during the third quarter. Jones Financial Companies Lllp now owns 4,051 shares of the credit services provider’s stock valued at $67,000 after purchasing an additional 1,290 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of LendingClub by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 20,704 shares of the credit services provider’s stock valued at $392,000 after purchasing an additional 1,335 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its position in shares of LendingClub by 13.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 13,533 shares of the credit services provider’s stock valued at $256,000 after purchasing an additional 1,645 shares in the last quarter. 74.08% of the stock is owned by 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.