Lendingclub Corp (NASDAQ:HAPN – Get Free Report) CEO Scott Sanborn sold 28,750 shares of Lendingclub stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $19.17, for a total value of $551,137.50. Following the completion of the sale, the chief executive officer owned 1,561,063 shares of the company’s stock, valued at $29,925,577.71. The trade was a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lendingclub Price Performance
NASDAQ:HAPN opened at $20.10 on Monday. Lendingclub Corp has a 1-year low of $11.75 and a 1-year high of $21.67. The stock has a market capitalization of $2.32 billion, a P/E ratio of 13.49 and a beta of 1.98.
Wall Street Analyst Weigh In
Separately, Weiss Ratings started coverage on shares of Lendingclub in a research report on Thursday. They issued a “hold (c+)” rating for the company. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
About Lendingclub
I couldn’t find enough reliable information about LendingClub with the ticker symbol NASDAQ:HAPN to write an accurate company description.
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