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Director Erin Selleck of LendingClub Corp (NYSE:LC) sold 2,390 shares of common stock on September 5, 2025, at a price of $16.82, for a total value of $40,199. The sale comes amid LendingClub’s strong market performance, with the stock delivering a 52% return over the past year and 47% over the last six months.
Following the transaction, Selleck directly owns 73,987 shares of LendingClub Corp . The sale was executed under a Rule 10b5-1 trading plan. According to InvestingPro data, analysts maintain price targets ranging from $15.50 to $21.00 for the $1.89 billion market cap company, which currently shows a FAIR financial health rating.
Selleck also directly owns 14,341 unvested Restricted Stock Units (RSUs) which represent the contingent right to receive one share of the Issuer’s common stock upon vesting. These RSUs, part of a non-employee director equity award, vest quarterly over a year starting June 3, 2025, contingent on continued service.
In other recent news, LendingClub reported impressive second-quarter 2025 earnings, with earnings per share (EPS) reaching $0.33, significantly surpassing the forecasted $0.16. The company also reported a revenue increase to $248.4 million, exceeding expectations of $227.5 million. Piper Sandler responded to these strong earnings by raising its price target for LendingClub to $15.50, maintaining an Overweight rating. Similarly, Keefe, Bruyette & Woods increased its price target to $16.50, keeping an Outperform rating, citing accelerating growth and a higher return on tangible common equity. LendingClub’s results were bolstered by higher revenue and lower loan loss provisions, although these were partially offset by increased expenses. The company’s operating earnings per share also exceeded Keefe, Bruyette & Woods’ above-consensus estimate. These developments reflect a positive outlook from analysts, highlighting the company’s strong performance and growth prospects.
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