Quinn Opportunity Partners LLC Sells 101,400 Shares of LendingClub Corporation $LC

Key Points

• Quinn Opportunity Partners trimmed its stake in LendingClub by 30.2%, selling 101,400 shares and ending the quarter with 233,857 shares (~0.20% of the company) worth about $3.55 million.
• LendingClub beat expectations for the quarter with $0.35 EPS vs. $0.34 consensus and $266.47M revenue (up 22.7% YoY), and set FY2026 guidance of $1.65–$1.80 EPS and Q1 2026 guidance of $0.34–$0.39.
• The stock opened at $13.80 (12‑month range $7.90–$21.67), has a $1.59B market cap and a P/E of 12, while analysts hold a "Moderate Buy" consensus with an average price target of $22.00.

Quinn Opportunity Partners LLC trimmed its position in shares of LendingClub Corporation (NYSE:LC - Free Report) by 30.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 233,857 shares of the credit services provider's stock after selling 101,400 shares during the quarter. Quinn Opportunity Partners LLC owned about 0.20% of LendingClub worth $3,552,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Aster Capital Management DIFC Ltd bought a new position in shares of LendingClub during the 3rd quarter worth approximately $26,000. Headlands Technologies LLC purchased a new stake in LendingClub during the second quarter valued at approximately $53,000. Jones Financial Companies Lllp boosted its stake in LendingClub by 46.7% in the third quarter. Jones Financial Companies Lllp now owns 4,051 shares of the credit services provider's stock valued at $67,000 after acquiring an additional 1,290 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in LendingClub in the third quarter worth $69,000. Finally, Marex Group plc purchased a new position in LendingClub in the second quarter worth $120,000. 74.08% of the stock is currently owned by institutional investors.

LendingClub Trading Down 2.3%

NYSE LC opened at $13.80 on Friday. LendingClub Corporation has a 12-month low of $7.90 and a 12-month high of $21.67. The company has a fifty day simple moving average of $17.39 and a two-hundred day simple moving average of $17.44. The stock has a market cap of $1.59 billion, a P/E ratio of 12.00 and a beta of 2.11.

LendingClub (NYSE:LC - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The firm had revenue of $266.47 million for the quarter, compared to analyst estimates of $262.88 million. During the same period in the previous year, the company earned $0.08 earnings per share. The business'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 year.

Insider Buying and Selling

In other LendingClub news, Director Erin Selleck sold 2,390 shares of LendingClub stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $15.46, for a total transaction of $36,949.40. Following the completion of the sale, the director owned 78,767 shares of the company's stock, valued at approximately $1,217,737.82. The trade was a 2.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.19% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on LC shares. Piper Sandler reiterated an "overweight" rating and set a $23.00 price objective on shares of LendingClub in a report on Thursday, January 29th. Zacks Research upgraded LendingClub from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 3rd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of LendingClub in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their price target on LendingClub from $22.00 to $25.00 and gave the company an "overweight" rating in a research note on Thursday, December 4th. Finally, BTIG Research reissued a "buy" rating and issued a $26.00 price target on shares of LendingClub in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, LendingClub presently has an average rating of "Moderate Buy" and a consensus price target of $22.00.

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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