LendingClub (NYSE:LC) Shares Cross Below 200-Day Moving Average – Time to Sell?

Posted by Stanley Muller on May 19th, 2026

LendingClub Corporation (NYSE:LC – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.17 and traded as low as $15.42. LendingClub shares last traded at $15.6320, with a volume of 1,307,503 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $23.00 price objective on shares of LendingClub in a research note on Thursday, January 29th. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. BTIG Research reaffirmed a “buy” rating and set a $26.00 price objective on shares of LendingClub in a research note on Thursday, January 29th. Wall Street Zen cut shares of LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $23.07.

Read Our Latest Stock Analysis on LC

LendingClub Price Performance

The company’s 50 day moving average price is $15.46 and its 200 day moving average price is $17.17. The firm has a market capitalization of $1.80 billion, a P/E ratio of 10.49 and a beta of 2.00.

LendingClub (NYSE:LC – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The credit services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.38 by $0.06. LendingClub had a net margin of 16.99% and a return on equity of 11.92%. The business had revenue of $252.25 million for the quarter, compared to analysts’ expectations of $249.10 million. During the same period in the prior year, the firm earned $0.10 earnings per share. LendingClub’s revenue was up 15.9% compared to the same quarter last year. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. On average, research analysts anticipate that LendingClub Corporation will post 1.72 EPS for the current fiscal year.

Insider Activity at LendingClub

In other news, Director Erin Selleck sold 2,390 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $15.46, for a total transaction of $36,949.40. Following the sale, the director directly owned 78,767 shares of the company’s stock, valued at $1,217,737.82. This represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.31% of the stock is owned by company insiders.

Institutional Trading of LendingClub

Several hedge funds have recently modified their holdings of LC. Aster Capital Management DIFC Ltd acquired a new position in LendingClub in the third quarter valued at approximately $26,000. International Assets Investment Management LLC bought a new position in LendingClub in the fourth quarter valued at approximately $40,000. Kestra Advisory Services LLC bought a new position in LendingClub in the fourth quarter valued at approximately $44,000. Quarry LP boosted its stake in LendingClub by 343.0% in the third quarter. Quarry LP now owns 3,030 shares of the credit services provider’s stock valued at $46,000 after acquiring an additional 2,346 shares during the last quarter. Finally, Headlands Technologies LLC bought a new position in LendingClub in the second quarter valued at approximately $53,000. 74.08% of the stock is owned by institutional investors.

LendingClub Company Profile

(Get Free Report)

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.