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home / articles / LC - CEO of LendingClub Purchased $51K In Stock | Benzinga


LC - CEO of LendingClub Purchased $51K In Stock | Benzinga

Scott Sanborn, CEO at LendingClub (NYSE:LC), reported a large insider buy on November 2, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Sanborn purchased 10,000 shares of LendingClub. The total transaction amounted to $51,929.

LendingClub shares are trading up 7.01% at $5.95 at the time of this writing on Friday morning.

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The Importance of Insider Transactions

Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...

Full story available on Benzinga.com

Stock Information

Company Name: LendingClub Corporation
Stock Symbol: LC
Market: NYSE
Website: lendingclub.com

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