HAPN
Bearish signalScored 2026-09-21 Drivers: trend, fundamentals. Insiders: neutral. Moteurs : tendance, fondamentaux. Initiés : neutre.
Research, not advice.
À propos
Happen, Inc. Common Stock
- Nom
- Happen, Inc. Common Stock
- Secteur
- Financial Services
- Industrie
- Banks - Regional
- Bourse
- NASDAQ
- Capitalisation
- $1.6B
- Employés
- 1,075
- PDG
- Scott Sanborn
- Site web
- https://www.happen.com
- Marché
- BKUBYCBNKCHCOCUBIHOPE
Happen, Inc., operates as a bank holding company, that provides range of financial products and services in the United States. [8, 24, 33, 52, 60, 62] It offers deposit products, including savings accounts, checking accounts, and certificates of deposit; patient and education finance loans; and commercial loans, including small business loans. [8, 33] The company also provides consumer loans, such as Unsecured and unsecured, fixed-rate, and fixed-term consumer loans; and secured auto refinance loans. [8, 33]
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 37 955 titres (~679 751,51 $ US)
- Insiders
- Selleck ErinSanborn Scott
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$3,722,531
Avg sell (VWAP, 90d window) $18.76 vs last close $15.15 (-19.2%)
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$3,722,531 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-09-15
- Liquidity
- Thin $19,479,098/day · 20d vol
- Last synced
-
2026-09-23 21:10:35
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-15 | Selleck Erin | Sell · S · 10b5-1 | 7,148 | $16.68 | $119,229 | Form 4 |
| 2026-09-04 | Selleck Erin | Sell · S · 10b5-1 | 2,057 | $17.41 | $35,812 | Form 4 |
| 2026-09-03 | Cheng Jordan | Sell · S · 10b5-1 | 2,800 | $17.56 | $49,168 | Form 4 |
| 2026-08-26 | Sanborn Scott | Sell · S · 10b5-1 | 28,750 | $18.25 | $524,710 | Form 4 |
| 2026-08-20 | Stack Fergal | Sell · S · 10b5-1 | 37,500 | $18.11 | $679,009 | Form 4 |
| 2026-08-19 | Stack Fergal | Sell · S · 10b5-1 | 37,500 | $18.64 | $699,056 | Form 4 |
| 2026-08-18 | Stack Fergal | Sell · S · 10b5-1 | 40,000 | $18.86 | $754,532 | Form 4 |
| 2026-08-10 | LaBenne Andrew | Sell · S · 10b5-1 | 13,929 | $19.37 | $269,823 | Form 4 |
| 2026-08-05 | Sanborn Scott | Sell · S · 10b5-1 | 28,750 | $20.56 | $591,192 | Form 4 |
| 2026-06-05 | Selleck Erin | Sell · S · 10b5-1 | 2,391 | $17.40 | $41,603 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Bearish signalScored 2026-09-21 Drivers: trend, fundamentals. Insiders: neutral. Moteurs : tendance, fondamentaux. Initiés : neutre.
HAPN presents a deeply contradictory profile: while operational metrics show genuine improvement (EBITDA margin 27.7%, strong ROIC trend), the critically low current ratio (0.098) and negative operating cash flow signal…
The first sentence of the analysis written for HAPN on 2026-09-21 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Unavailable or mixed. – Insider: neutral. All sales (≈ $3.7M) were pre-planned Rule 10b5-1 trades, excluded from the score. No open-market buys or discretionary sales. – Initiés : neutre. Toutes les ventes (≈ $3.7M) sont sous plan 10b5-1 préétabli, exclues du score. Aucun achat ni vente discrétionnaire.
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Pulls against a bullish reading. Close is more than 0.5 ATR under stored support
- Financial indicators Unavailable or mixed. Current ratio 0.10 · operating margin 25% — readings disagree
Suggested stop 14.77, nearest stored support minus 0.5 ATR(2.5% under the last close). Reward/risk to the next stored resistance is 3.36. Research, not advice. Not an order.
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 64.7% | 52.4% | 54.7% | 72.4% | 75.7% | |
| Ebit Margin | 22.9% | 5.6% | 4.8% | 12.1% | 2.1% | |
| Ebitda Margin | 27.7% | 10.2% | 9.0% | 15.5% | 7.0% | |
| Operating Profit Margin | 25.0% | 5.6% | 4.8% | 12.1% | 2.1% | |
| Pretax Profit Margin | 13.3% | 5.6% | 4.8% | 12.1% | 2.1% | |
| Continuous Operations Profit Margin | 10.2% | 4.4% | 3.4% | 22.8% | 2.1% | |
| Net Profit Margin | 10.2% | 4.4% | 3.4% | 22.8% | 2.1% | |
| Bottom Line Profit Margin | 10.2% | 4.4% | 3.4% | 22.8% | 2.1% | |
| Current Ratio | 0.098 | 0.488 | 0.397 | 0.245 | 0.337 | |
| Quick Ratio | 0.098 | 0.488 | 0.397 | 0.245 | 0.337 | |
| Solvency Ratio | 0.020 | 0.011 | 0.011 | 0.049 | 0.016 | |
| Cash Ratio | 0.092 | 0.104 | 0.169 | 0.163 | 0.210 | |
| Price To Earnings Ratio | 16.051 | 35.196 | 24.278 | 3.143 | 127.263 | |
| Price To Earnings Growth Ratio | 0.103 | 1.267 | -0.279 | 0.002 | -1.166 | |
| Forward Price To Earnings Growth Ratio | 0.103 | 1.267 | -0.279 | 0.002 | -1.166 | |
| Price To Earnings Diluted Ratio | 16.470 | 35.978 | 24.278 | 3.154 | 134.333 | |
| Price To Earnings Diluted Growth Ratio | 0.106 | 1.439 | -0.279 | 0.002 | -1.236 | |
| Price To Book Ratio | 1.456 | 1.348 | 0.757 | 0.783 | 2.791 | |
| Price To Sales Ratio | 1.637 | 1.558 | 0.835 | 0.718 | 2.641 | |
| Price To Free Cash Flow Ratio | -0.762 | -0.673 | -0.793 | 2.977 | 11.550 | |
| Price To Operating Cash Flow Ratio | -0.801 | -0.687 | -0.834 | 2.426 | 9.893 | |
| Debt To Assets Ratio | 0.001 | 0.003 | 0.006 | 0.026 | 0.088 | |
| Debt To Equity Ratio | 0.011 | 0.021 | 0.046 | 0.181 | 0.506 | |
| Debt To Capital Ratio | 0.010 | 0.021 | 0.044 | 0.153 | 0.336 | |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | 0.015 | 0.101 | 0.268 | |
| Financial Leverage Ratio | 7.710 | 7.923 | 7.052 | 6.854 | 5.763 | |
| Working Capital Turnover Ratio | -0.195 | -0.253 | -0.242 | -0.359 | -1.101 | |
| Operating Cash Flow Ratio | -0.275 | -0.287 | -0.153 | 0.058 | 0.073 | |
| Operating Cash Flow Sales Ratio | -2.043 | -2.269 | -1.001 | 0.296 | 0.267 | |
| Free Cash Flow Operating Cash Flow Ratio | 1.051 | 1.021 | 1.052 | 0.815 | 0.857 | |
| Debt Service Coverage Ratio | 0.978 | 0.280 | 0.318 | 3.918 | 0.583 | |
| Interest Coverage Ratio | 0.994 | 0.174 | 0.202 | 1.855 | 0.231 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 143.401 | 8.635 | |
| Operating Cash Flow Coverage Ratio | -172.308 | -92.421 | -19.863 | 1.787 | 0.558 | |
| Capital Expenditure Coverage Ratio | -19.431 | -48.510 | -19.100 | 5.405 | 6.970 | |
| Dividend Paid And Capex Coverage Ratio | -19.431 | -48.510 | -19.100 | 5.405 | 6.970 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 3.467 | 7.463 | -2.429 | 0.327 | 33.731 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 64.7% | ▲12.3% | ▲0.7% |
| Ebit Margin | 22.9% | ▲17.3% | ▲13.5% |
| Ebitda Margin | 27.7% | ▲17.5% | ▲13.8% |
| Operating Profit Margin | 25.0% | ▲19.4% | ▲15.1% |
| Pretax Profit Margin | 13.3% | ▲7.6% | ▲5.7% |
| Continuous Operations Profit Margin | 10.2% | ▲5.7% | ▲1.6% |
| Net Profit Margin | 10.2% | ▲5.7% | ▲1.6% |
| Bottom Line Profit Margin | 10.2% | ▲5.7% | ▲1.6% |
| Current Ratio | 0.098 | ▼-0.390 | ▼-0.215 |
| Quick Ratio | 0.098 | ▼-0.390 | ▼-0.215 |
| Solvency Ratio | 0.020 | ▲0.009 | ▼-0.002 |
| Cash Ratio | 0.092 | ▼-0.012 | ▼-0.055 |
| Price To Earnings Ratio | 16.051 | ▼-19.145 | ▼-25.135 |
| Price To Earnings Growth Ratio | 0.102 | ▼-1.165 | ▲0.117 |
| Forward Price To Earnings Growth Ratio | 0.102 | ▼-1.165 | ▲0.117 |
| Price To Earnings Diluted Ratio | 16.470 | ▼-19.508 | ▼-26.373 |
| Price To Earnings Diluted Growth Ratio | 0.106 | ▼-1.333 | ▲0.099 |
| Price To Book Ratio | 1.456 | ▲0.108 | ▲0.029 |
| Price To Sales Ratio | 1.637 | ▲0.078 | ▲0.159 |
| Price To Free Cash Flow Ratio | -0.762 | ▼-0.089 | ▼-3.222 |
| Price To Operating Cash Flow Ratio | -0.801 | ▼-0.114 | ▼-2.800 |
| Debt To Assets Ratio | 0.001 | ▼-0.001 | ▼-0.024 |
| Debt To Equity Ratio | 0.011 | ▼-0.011 | ▼-0.142 |
| Debt To Capital Ratio | 0.010 | ▼-0.010 | ▼-0.102 |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | ▼-0.077 |
| Financial Leverage Ratio | 7.710 | ▼-0.213 | ▲0.649 |
| Working Capital Turnover Ratio | -0.196 | ▲0.058 | ▲0.235 |
| Operating Cash Flow Ratio | -0.275 | ▲0.013 | ▼-0.158 |
| Operating Cash Flow Sales Ratio | -2.043 | ▲0.226 | ▼-1.093 |
| Free Cash Flow Operating Cash Flow Ratio | 1.052 | ▲0.031 | ▲0.092 |
| Debt Service Coverage Ratio | 0.979 | ▲0.699 | ▼-0.237 |
| Interest Coverage Ratio | 0.994 | ▲0.820 | ▲0.303 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | ▼-30.407 |
| Operating Cash Flow Coverage Ratio | -172.308 | ▼-79.887 | ▼-115.858 |
| Capital Expenditure Coverage Ratio | -19.431 | ▲29.079 | ▼-4.498 |
| Dividend Paid And Capex Coverage Ratio | -19.431 | ▲29.079 | ▼-4.498 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 3.467 | ▼-3.996 | ▼-5.045 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $2.18B | $1.81B | $948.0M | $911.2M | $2.37B | |
| Enterprise value | $1.28B | $883.4M | -$247.3M | $64.4M | $2.12B | |
| EV / Sales | 0.96x | 0.76x | -0.22x | 0.05x | 2.35x | |
| EV / Op. cash flow | -0.47x | -0.34x | 0.22x | 0.17x | 8.82x | |
| EV / Free cash flow | -0.45x | -0.33x | 0.21x | 0.21x | 10.30x | |
| EV / EBITDA | 3.47x | 7.46x | -2.43x | 0.33x | 33.73x | |
| Net debt / EBITDA | -2.44x | -7.82x | -11.74x | -4.30x | -4.10x | |
| Current ratio | 0.10x | 0.49x | 0.40x | 0.24x | 0.34x | |
| Income quality | -20.10x | -51.32x | -29.19x | 1.30x | 12.91x | |
| Graham number | $19 | $11 | $10 | $27 | $6 | |
| Graham net-net | -$79 | -$43 | -$43 | -$51 | -$30 | |
| Tax burden | 76.7% | 78.9% | 71.3% | 189.3% | 100.7% | |
| Interest burden | 57.8% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Working capital | -$8.96B | -$4.70B | -$4.47B | -$4.90B | -$2.16B | |
| Invested capital | -$8.61B | -$4.43B | -$4.20B | -$4.61B | -$1.82B | |
| Return on assets | 1.2% | 0.5% | 0.4% | 3.6% | 0.4% | |
| Operating ROA | 3.0% | 0.7% | 0.6% | 2.4% | 0.5% | |
| Return on tangible assets | 1.2% | 0.5% | 0.4% | 3.7% | 0.4% | |
| Return on equity | 9.0% | 3.8% | 3.1% | 24.9% | 2.2% | |
| Return on invested capital | 15.7% | 3.5% | 2.8% | 10.3% | 1.1% | |
| Return on capital employed | 20.4% | 4.5% | 3.9% | 10.3% | 1.1% | |
| Earnings yield | 6.2% | 2.8% | 4.1% | 31.8% | 0.8% | |
| Free cash flow yield | -131.3% | -148.6% | -126.2% | 33.6% | 8.7% | |
| Capex / Op. cash flow | -5.1% | -2.1% | -5.2% | 18.5% | 14.3% | |
| Capex / Depreciation | 223.2% | 101.9% | 126.1% | 158.5% | 77.7% | |
| Capex / Sales | 10.5% | 4.7% | 5.2% | 5.5% | 3.8% | |
| SG&A / Sales | 29.3% | 28.6% | 31.3% | 42.3% | 49.5% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 2.6% | 3.5% | 4.6% | 5.2% | 7.4% | |
| Intangibles / Total assets | 0.7% | 0.8% | 1.0% | 1.2% | 3.4% | |
| Days sales outstanding | 12d | 13d | 12d | 55d | 61d | |
| Days payables outstanding | 68d | 52d | 39d | 102d | 168d | |
| Operating cycle | 12d | 13d | 12d | 55d | 61d | |
| Cash conversion cycle | -56d | -39d | -27d | -47d | -108d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-09-10 Comparing LendingClub (NYSE:LC) and Lendingclub (NASDAQ:HAPN) Lendingclub (NASDAQ: HAPN - Get Free Report) and LendingClub (NYSE: LC - Get Free Report) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership. Analyst Ratings This is a summary of recent recommendations
- 2026-08-24 Wall Street Analysts Think Happen (HAPN) Could Surge 27.9%: Read This Before Placing a Bet The consensus price target hints at a 27.9% upside potential for Happen (HAPN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 2026-08-16 Happen Bank Is Crushing SoFi This Year. Here''s the Reason Why It''s Still the Better Buy. Happen Bank, formerly known as LendingClub, has crushed SoFi''s performance this year. The relative stock performance is backed up by financial fundamentals.
- 2026-08-10 Lendingclub (NASDAQ:HAPN) CEO Sells $591,100.00 in Stock Lendingclub Corp (NASDAQ: HAPN - Get Free Report) CEO Scott Sanborn sold 28,750 shares of the firm''s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $20.56, for a total value of $591,100.00. Following the completion of the sale, the chief executive officer owned 1,478,563 shares of the
- 2026-07-27 Happen Bank: Full Steam Ahead As Net Interest Income Soars Happen Bank, formerly LendingClub, stands out as a compelling mid-cap growth opportunity amid fading AI infrastructure momentum. HAPN''s successful rebrand and transition to a full-scale digital bank positions it for differentiated growth uncorrelated to the data center cycle. The company delivered a strong Q2 beat-and-raise, underscoring operational momentum and execution strength.
- 2026-07-27 Happen, Inc. (HAPN) Q2 2026 Earnings Call Transcript Happen, Inc. (HAPN) Q2 2026 Earnings Call Transcript
- 2026-07-27 Happen''s Digital Banking Push Helps Deposits Jump 18% The clearest evidence of LendingClub''s new incarnation into a full-scale digital bank can be measured not merely in another jump in personal loan volume, but what happened (pun intended) after borrowers arrived. Happen Bank ended the quarter with $10.
- 2026-07-27 Happen (HAPN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates Although the revenue and EPS for Happen (HAPN) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 2026-07-27 Happen (HAPN) Surpasses Q2 Earnings and Revenue Estimates Happen (HAPN) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.33 per share a year ago.
- 2026-07-27 Happen, Inc. Reports Second Quarter 2026 Results Record $75.7 Million Pre-Tax Income, 15.1% ROE, and 15.9% ROTCE Grew Originations 29% Year-over-Year; Increased Diluted EPS 52% Year-over-Year to $0.50 Successfully Rebranded to Happen Bank (Nasdaq: HAPN) from LendingClub SAN FRANCISCO, July 27, 2026 /PRNewswire/ -- Happen, Inc. (Nasdaq: HAPN), parent company of Happen Bank, a digital bank built for the Motivated Middle, today announced financial results for the second quarter ended June 30, 2026. "Happen delivered a standout quarter, growing originations 29% year-over-year to $3.1 billion, while producing record pre-tax income of $75.7 million and a return on tangible common equity of 15.9%," said Scott Sanborn, CEO, Happen, Inc. "This is our first quarter operating under the Happen Bank brand, and our results demonstrate exactly what the brand represents: forward momentum.