In a filing, LendingClub Corp revealed its CEO Sanborn Scott unloaded Company’s shares for reported $65932.0 on Jul 03 ’25. In the deal valued at $12.56 per share,5,250 shares were sold. As a result of this transaction, Sanborn Scott now holds 1,288,425 shares worth roughly $15.78 million.
Then, SCOTT SANBORN bought 10,500 shares, generating $130,725 in total proceeds.
Before that, Sanborn Scott sold 5,250 shares. LendingClub Corp shares valued at $58,525 were divested by the CEO at a price of $11.15 per share. As a result of the transaction, Sanborn Scott now holds 1,293,675 shares, worth roughly $15.85 million.
Citizens JMP initiated its LendingClub Corp [LC] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid June with a ‘”an Overweight”‘ rating. JP Morgan also remained covering LC and has decreased its forecast on December 02, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Maxim Group maintained its rating on October 25, 2024. It rated LC as “a Buy”.
Price Performance Review of LC
On Monday, LendingClub Corp [NYSE:LC] saw its stock fall -2.55% to $12.25. Over the last five days, the stock has gained 2.34%. LendingClub Corp shares have risen nearly 46.01% since the year began. Nevertheless, the stocks have fallen -24.34% over the past one year. While a 52-week high of $18.75 was reached on 01/06/25, a 52-week low of $7.90 was recorded on 04/07/25.
Levels Of Support And Resistance For LC Stock
The 24-hour chart illustrates a support level at 12.11, which if violated will result in even more drops to 11.97. On the upside, there is a resistance level at 12.45. A further resistance level may holdings at 12.66.
How much short interest is there in LendingClub Corp?
A steep rise in short interest was recorded in LendingClub Corp stocks on 2025-06-13, dropping by -0.77 million shares to a total of 3.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.64 million shares. There was a decline of -19.96%, which implies that there is a negative sentiment for the stock.
