The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SLM Corp shares valued at $93,464 were sold by Strong Robert S. on May 02 ’25. At $31.15 per share, Strong Robert S. sold 3,000 shares. The insider’s holdings dropped to 35,195 shares worth approximately $1.18 million following the completion of this transaction.
Also, Strong Robert S. purchased 3,000 shares, netting a total of over 93,371 in proceeds.
Before that, Palmer Kerri A. had sold 25,000 shares from its account. In a trade valued at $797,522, the EVP, Chief Operational Officer traded SLM Corp shares for $31.90 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $4.42 million.
As published in a research note from Keefe Bruyette on December 09, 2024, SLM Corp [SLM] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $30 from $27. Analysts at BofA Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late September. As of January 16, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for SLM. Earlier on January 10, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for SLM stock.
Analyzing SLM Stock Performance
During the last five days, there has been a surge of approximately 0.75%. Over the course of the year, SLM Corp shares have jumped approximately 22.01%. Shares of the company reached a 52-week high of $33.94 on 05/19/25 and a 52-week low of $23.81 on 04/07/25.
Support And Resistance Levels for SLM Corp (SLM)
According to the 24-hour chart, there is a support level at 33.03, which, if violated, would cause prices to drop to 32.41. In the upper region, resistance lies at 34.10. The next price resistance is at 34.54. RSI (Relative Strength Index) is 67.14 on the 14-day chart, showing neutral technical sentiment.
