Sanborn Scott divested 68146.0 US dollars’ worth of LendingClub Corp [LC] stock.

In a filing, LendingClub Corp revealed its CEO Sanborn Scott unloaded Company’s shares for reported $68146.0 on Jul 17 ’25. In the deal valued at $12.98 per share,5,250 shares were sold. As a result of this transaction, Sanborn Scott now holds 1,283,175 shares worth roughly $16.44 million.

Then, Sanborn Scott sold 5,250 shares, generating $65,932 in total proceeds. Upon selling the shares at $12.56, the CEO now owns 1,288,425 shares.

Before that, SCOTT SANBORN bought 10,500 shares. LendingClub Corp shares valued at $130,725 were divested by the Director at a price of $12.45 per share.

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 -1.76% to $12.81. Over the last five days, the stock has gained 0.87%. LendingClub Corp shares have risen nearly 19.94% since the year began. Nevertheless, the stocks have fallen -20.88% over the past one year.

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.

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