Lendingclub Corp (NASDAQ:HAPN – Get Free Report) SVP Fergal Stack sold 40,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $18.86, for a total transaction of $754,400.00. Following the completion of the transaction, the senior vice president owned 114,977 shares of the company’s stock, valued at approximately $2,168,466.22. The trade was a 25.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Fergal Stack also recently made the following trade(s):
- On Wednesday, August 19th, Fergal Stack sold 37,500 shares of Lendingclub stock. The shares were sold at an average price of $18.64, for a total value of $699,000.00.
- On Wednesday, July 1st, Fergal Stack sold 50,000 shares of Lendingclub stock. The stock was sold at an average price of $21.01, for a total value of $1,050,500.00.
Lendingclub Stock Performance
Lendingclub stock traded down $0.59 during trading hours on Thursday, reaching $17.97. 1,371,240 shares of the stock were exchanged, compared to its average volume of 1,544,969. Lendingclub Corp has a 52-week low of $13.05 and a 52-week high of $21.67. The company has a market cap of $2.07 billion, a P/E ratio of 11.18 and a beta of 1.91.
Wall Street Analyst Weigh In
Several research firms recently weighed in on HAPN. Citizens Jmp lifted their target price 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. BTIG Research reiterated a “buy” rating and set a $25.00 price objective on shares of Lendingclub in a research note on Tuesday, July 28th. Finally, Weiss Ratings began coverage on shares of Lendingclub in a research report on Thursday, June 25th. They set a “hold (c+)” rating on the stock. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $25.00.
View Our Latest Report on Lendingclub
Lendingclub Company Profile
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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