Teacher Retirement System of Texas Trims Stake in LendingClub Corporation $LC

Teacher Retirement System of Texas lessened its holdings in shares of LendingClub Corporation (NYSE:LC) by 34.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,373 shares of the credit services provider’s stock after selling 46,487 shares during the quarter. Teacher Retirement System of Texas owned about 0.08% of LendingClub worth $1,327,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in LendingClub in the second quarter valued at approximately $53,000. State of Alaska Department of Revenue bought a new position in shares of LendingClub in the 3rd quarter worth $69,000. Marex Group plc bought a new position in shares of LendingClub in the 2nd quarter worth $120,000. MQS Management LLC bought a new stake in shares of LendingClub during the 2nd quarter worth $121,000. Finally, Systematic Alpha Investments LLC bought a new position in LendingClub in the second quarter valued at $122,000. Hedge funds and other institutional investors own 74.08% of the company’s stock.

LendingClub Trading Up 2.9%

NYSE LC opened at $16.91 on Monday. The firm has a market cap of $1.95 billion, a PE ratio of 14.70 and a beta of 2.08. LendingClub Corporation has a 1-year low of $7.90 and a 1-year high of $21.67. The stock has a 50-day moving average of $19.42 and a 200-day moving average of $17.30.

LendingClub (NYSE:LC) last announced its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The firm had revenue of $266.47 million during the quarter, compared to the consensus estimate of $262.88 million. LendingClub had a return on equity of 9.62% and a net margin of 13.58%.The business’s revenue was up 22.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.08 earnings per share. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. As a group, equities research analysts forecast that LendingClub Corporation will post 0.72 earnings per share for the current fiscal year.

LendingClub announced that its board has authorized a stock repurchase plan on Wednesday, November 5th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the credit services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Key Stories Impacting LendingClub

Here are the key news stories impacting LendingClub this week:

• Positive Sentiment: Quarterly beat and stronger guidance — LC reported Q4 EPS of $0.35 (vs. ~$0.34 consensus) and revenue of ~$266M, with revenue and originations rising year-over-year; the company raised FY2026 EPS guidance to $1.65–$1.80, above Wall Street consensus. This underpins faster growth expectations. Read More.
• Positive Sentiment: Loan origination and product traction — Originations rose ~40% YoY to ~$2.6B and management highlighted growth in its LevelUp product suite, supporting revenue visibility and customer acquisition progress. Read More.
• Positive Sentiment: Analyst support — BTIG reaffirmed a “buy” rating with a $26 price target, supplying a constructive counterpoint for investors looking past the headline noise. Read More.
• Neutral Sentiment: Deep-dive coverage and transcripts available — Multiple outlets published earnings transcripts and deep dives that help investors separate one-time disclosures from operating performance, useful for modeling but not immediately market-moving. Read More.
• Negative Sentiment: Accounting-shift disclosure triggered sharp sell-off — A newly disclosed accounting change prompted investor concern about metric comparability and near-term reported results, prompting a steep intraday drop in shares. That disclosure is the principal driver of recent market volatility. Read More.
• Negative Sentiment: Leadership shakeup raises governance and execution concerns — Reports of management changes prompted questions about continuity as the company scales, amplifying short-term selling pressure. Read More.
• Negative Sentiment: Market reaction and investor commentary emphasize risk — Several analyst and commentary pieces interpret the combination of the accounting disclosure and management moves as reasons for the recent sell-off, increasing near-term headline risk despite solid underlying metrics. Read More.

Analyst Ratings Changes

LC has been the topic of a number of research reports. Janney Montgomery Scott raised their price target on LendingClub from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of LendingClub in a research report on Monday, December 29th. Citizens Jmp upgraded LendingClub from a “market perform” rating to an “outperform” rating and set a $23.00 target price for the company in a research report on Monday, November 10th. BTIG Research reaffirmed a “buy” rating and issued a $26.00 target price on shares of LendingClub in a research note on Thursday. Finally, Piper Sandler reiterated an “overweight” rating and set a $23.00 price target on shares of LendingClub in a research report on Thursday. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, LendingClub presently has an average rating of “Moderate Buy” and an average target price of $22.00.

Insider Transactions at LendingClub

In other LendingClub news, Director Erin Selleck sold 2,390 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $19.47, for a total value of $46,533.30. Following the transaction, the director owned 76,377 shares in the company, valued at approximately $1,487,060.19. The trade was a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.31% of the stock is currently owned by company insiders.

LendingClub Profile

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.