SLM Corp’s filing revealed that its Director Strong Robert S. unloaded Company’s shares for reported $93464.0 on May 02 ’25. In the deal valued at $31.15 per share,3,000 shares were sold. As a result of this transaction, Strong Robert S. now holds 35,195 shares worth roughly $1.19 million.
Then, Strong Robert S. bought 3,000 shares, generating $93,371 in total proceeds.
Before that, Palmer Kerri A. sold 25,000 shares. SLM Corp shares valued at $797,522 were divested by the EVP, Chief Operational Officer at a price of $31.90 per share. As a result of the transaction, Palmer Kerri A. now holds 131,484 shares, worth roughly $4.44 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 jump 0.33% to $33.80. Over the last five days, the stock has gained 1.47%. SLM Corp shares have risen nearly 22.55% since the year began. Nevertheless, the stocks have risen 60.88% over the past one year.
How much short interest is there in SLM Corp?
A steep rise in short interest was recorded in SLM Corp stocks on 2025-04-30, growing by 1.27 million shares to a total of 7.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 5.92 million shares. There was a rise of 17.64%, which implies that there is a positive sentiment for the stock.
