SLM Corp’s recently made public that its Officer Palmer Kerri A. acquired Company’s shares for reported $0.8 million on Feb 21 ’25. In the deal valued at $31.87 per share,25,000 shares were bought.
Then, VIEIRA DONNA F sold 13,717 shares, generating $446,037 in total proceeds. Upon selling the shares at $32.52, the EVP & Chief Commercial Officer now owns 136,579 shares.
Before that, VIEIRA DONNA F bought 13,717 shares. SLM Corp shares valued at $445,613 were divested by the Officer at a price of $32.49 per share.
Keefe Bruyette downgraded its SLM Corp [SLM] rating to a Mkt perform from a an Outperform in a research note published on December 09, 2024; the price target was increased to $30 from $27. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Citigroup also remained covering SLM and has increased its forecast on January 16, 2024 with a “Buy” recommendation from previously “Neutral” rating. Deutsche Bank started covering the stock on January 10, 2024. It rated SLM as “a Buy”.
Price Performance Review of SLM
On Friday, SLM Corp [NASDAQ:SLM] saw its stock fall -4.21% to $30.68. Over the last five days, the stock has gained 2.20%. SLM Corp shares have risen nearly 11.24% since the year began. Nevertheless, the stocks have risen 51.43% over the past one year. While a 52-week high of $32.65 was reached on 02/19/25, a 52-week low of $19.39 was recorded on 01/13/25. SMA at 50 days reached $28.50, while 200 days put it at $23.72.
Levels Of Support And Resistance For SLM Stock
The 24-hour chart illustrates a support level at 30.13, which if violated will result in even more drops to 29.57. On the upside, there is a resistance level at 31.74. A further resistance level may holdings at 32.80. The Relative Strength Index (RSI) on the 14-day chart is 57.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.18%. Stochastics %K at 83.92% indicates the stock is a selling.
