Azora Capital LP Raises Stock Position in LendingClub Corporation $LC

Key Points

• Azora Capital LP boosted its stake in LendingClub by 258.2% in Q3 to 2,391,190 shares (about 2.07% of the company, ~$36.3M), joining several other institutions that increased positions and helping drive institutional ownership to 74.08%.
• LendingClub recently beat estimates with Q4 EPS of $0.35 (vs. $0.34) and revenue of $266.5M (up 22.7% YoY), and set FY2026 guidance of $1.65–$1.80 EPS and Q1 guidance of $0.34–$0.39.
• Wall Street’s consensus is a Moderate Buy with a $22.00 target, based on 1 Strong Buy, 6 Buy and 3 Hold ratings.

Azora Capital LP grew its stake in LendingClub Corporation (NYSE:LC - Free Report) by 258.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,391,190 shares of the credit services provider's stock after purchasing an additional 1,723,658 shares during the quarter. LendingClub comprises about 1.7% of Azora Capital LP's holdings, making the stock its 24th biggest holding. Azora Capital LP owned about 2.07% of LendingClub worth $36,322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lido Advisors LLC purchased a new position in shares of LendingClub during the second quarter valued at about $1,202,000. SG Americas Securities LLC lifted its holdings in LendingClub by 120.1% in the third quarter. SG Americas Securities LLC now owns 649,753 shares of the credit services provider's stock worth $9,870,000 after buying an additional 354,521 shares during the period. Jump Financial LLC boosted its position in LendingClub by 106.6% during the 2nd quarter. Jump Financial LLC now owns 429,350 shares of the credit services provider's stock valued at $5,165,000 after acquiring an additional 221,581 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in LendingClub by 184.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,121,802 shares of the credit services provider's stock valued at $32,230,000 after acquiring an additional 1,375,002 shares in the last quarter. Finally, Capital Fund Management S.A. grew its holdings in shares of LendingClub by 183.9% during the 2nd quarter. Capital Fund Management S.A. now owns 213,008 shares of the credit services provider's stock worth $2,562,000 after acquiring an additional 137,972 shares during the period. 74.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Erin Selleck sold 2,390 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $15.46, for a total value of $36,949.40. Following the sale, the director directly owned 78,767 shares of the company's stock, valued at approximately $1,217,737.82. This represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.19% of the company's stock.

Wall Street Analysts Forecast Growth

LC has been the subject of several research reports. Zacks Research raised LendingClub from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 3rd. 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. Piper Sandler reaffirmed an "overweight" rating and issued a $23.00 price target on shares of LendingClub in a research note on Thursday, January 29th. Wall Street Zen lowered LendingClub from a "buy" rating to a "hold" rating in a research report on Sunday, February 15th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of LendingClub in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $22.00.

LendingClub Stock Performance

LC stock opened at $13.80 on Friday. The firm has a 50 day moving average price of $17.39 and a 200-day moving average price of $17.45. LendingClub Corporation has a 52-week low of $7.90 and a 52-week high of $21.67. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 12.00 and a beta of 2.11.

LendingClub (NYSE:LC - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. LendingClub had a return on equity of 9.47% and a net margin of 13.58%.The company had revenue of $266.47 million for the quarter, compared to the consensus estimate of $262.88 million. During the same quarter in the prior year, the business posted $0.08 EPS. The firm's quarterly revenue was up 22.7% compared to the same quarter last year. 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 forecast that LendingClub Corporation will post 0.72 earnings per share for the current fiscal year.

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.

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