In a filing, SLM Corp revealed its EVP, Chief Operational Officer Palmer Kerri A. unloaded Company’s shares for reported $0.8 million on Feb 21 ’25. In the deal valued at $31.90 per share,25,000 shares were sold. As a result of this transaction, Palmer Kerri A. now holds 131,484 shares worth roughly $3.85 million.
Then, Palmer Kerri A. bought 25,000 shares, generating $796,752 in total proceeds.
Before that, VIEIRA DONNA F sold 13,717 shares. SLM Corp shares valued at $446,037 were divested by the EVP & Chief Commercial Officer at a price of $32.52 per share. As a result of the transaction, VIEIRA DONNA F now holds 136,579 shares, worth roughly $4.0 million.
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 Monday, SLM Corp [NASDAQ:SLM] saw its stock fall -3.08% to $29.26. Over the last five days, the stock has lost -4.35%. SLM Corp shares have risen nearly 6.09% since the year began. Nevertheless, the stocks have risen 42.59% 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 $28.89, while 200 days put it at $23.97.
Levels Of Support And Resistance For SLM Stock
The 24-hour chart illustrates a support level at 28.68, which if violated will result in even more drops to 28.11. On the upside, there is a resistance level at 30.26. A further resistance level may holdings at 31.27. The Relative Strength Index (RSI) on the 14-day chart is 45.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.04%. Stochastics %K at 27.48% indicates the stock is a holding.
