Insider Trading Activity LendingClub Corp (NYSE:LC) – Major Shareholder Bought 7,696,016 shares of Stock

ME Staff

7 years ago

Insider Trading Activity For LendingClub Corp (NYSE:LC)

Tian Qiao Chen , Major Shareholder of LendingClub Corp (NYSE:LC) reportedly Bought 7,696,016 shares of the company’s stock at an average price of 3.57 for a total transaction amount of $27,474,777.12 SEC Form

Insider Trading History For LendingClub Corp (NYSE:LC)

On 12/16/2014 John Macilwaine, CTO, bought 20,000 with an average share price of $15.00 per share and the total transaction amounting to $300,000.00.

On 12/16/2014 John C Morris, Director, bought 12,500 with an average share price of $15.00 per share and the total transaction amounting to $187,500.00.

On 12/16/2014 Carrie Dolan, CFO, bought 7,500 with an average share price of $15.00 per share and the total transaction amounting to $112,500.00.

On 6/9/2015 Rebecca Lynn, Director, sold 450,000 with an average share price of $16.91 per share and the total transaction amounting to $7,609,500.00.

On 6/18/2015 John Macilwaine, CTO, sold 7,000 with an average share price of $17.01 per share and the total transaction amounting to $119,070.00.

On 7/8/2015 Chaomei Chen, Insider, sold 150,000 with an average share price of $14.20 per share and the total transaction amounting to $2,130,000.00.

On 8/18/2015 Chaomei Chen, insider, sold 75,000 with an average share price of $13.31 per share and the total transaction amounting to $998,250.00.

Analyst Ratings History For LendingClub Corp (NYSE:LC)

On 3/16/2016 Royal Bank of Canada Initiated Coverage of rating Outperform with a price target of $92.00
On 4/14/2016 Raymond James Financial Initiated Coverage of rating Market Perform
On 5/9/2016 Sterne Agee CRT Downgraded rating Neutral to Underperform with a price target of $8.00 to $5.00
On 5/9/2016 William Blair Downgraded rating Buy to Hold
On 5/26/2016 Macquarie Initiated Coverage of rating Neutral with a price target of $5.15
On 8/9/2016 Pacific Crest Reiterated Rating Hold
On 11/7/2016 Craig Hallum Reiterated Rating Buy

Recent Trading Activity for LendingClub Corp (NYSE:LC)
Shares of LendingClub Corp closed the previous trading session at with 17318600 shares trading hands.