Lendingclub (NASDAQ:HAPN) Stock Falls 1.6% – Here’s What Happened

Posted by George Bondi on Oct 14th, 2026

Lendingclub Corp (NASDAQ:HAPN – Get Free Report) shares fell 1.6% during trading on Monday. The company traded as low as $14.89 and last traded at $14.93. Approximately 2,437,583 shares were traded during trading, an increase of 29% from the average session volume of 1,888,497 shares. The stock had previously closed at $15.17.

Wall Street Analyst Weigh In

HAPN has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lendingclub in a research report on Tuesday, September 22nd. Citizens Jmp boosted their price target on shares of Lendingclub from $23.00 to $25.00 and gave the company a “market outperform” rating in a report on Tuesday, July 28th. Finally, BTIG Research restated a “buy” rating and set a $25.00 price target on shares of Lendingclub in a research report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $25.00.

View Our Latest Analysis on HAPN

Lendingclub Stock Performance

The company’s 50 day moving average is $17.09. The stock has a market cap of $1.64 billion, a P/E ratio of 8.54 and a beta of 1.88.

Lendingclub (NASDAQ:HAPN – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. The company had revenue of $262.86 million for the quarter. Lendingclub had a return on equity of 12.92% and a net margin of 18.67%. Lendingclub has set its FY 2026 guidance at 1.800-1.900 EPS and its Q3 2026 guidance at 0.430-0.480 EPS. As a group, analysts expect that Lendingclub Corp will post 1.86 EPS for the current fiscal year.

Insider Activity at Lendingclub

In related news, General Counsel Jordan Cheng sold 2,800 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $17.56, for a total value of $49,168.00. Following the sale, the general counsel directly owned 106,413 shares in the company, valued at $1,868,612.28. This trade represents a 2.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Scott Sanborn sold 28,750 shares of Lendingclub stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $18.25, for a total value of $524,687.50. Following the sale, the chief executive officer directly owned 1,462,774 shares in the company, valued at $26,695,625.50. The trade was a 1.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 137,800 shares of company stock worth $2,618,356 in the last three months. 3.31% of the stock is owned by company insiders.

Lendingclub Company Profile

(Get Free Report)

LendingClub Corporation is a U.S.-based financial technology company and bank holding company that operates a digital lending platform. Through its online marketplace and banking operations, the company connects borrowers seeking credit with funding sources and provides a streamlined application and servicing experience.

The company’s offerings have primarily included unsecured personal loans, including loans for debt consolidation, home improvement and other consumer needs. LendingClub has also provided deposit accounts and related banking services through its digital bank, supporting its broader strategy of combining technology with traditional banking capabilities.

LendingClub serves customers primarily in the United States.