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 $1.21 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 $4.52 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 Tuesday, SLM Corp [NASDAQ:SLM] saw its stock jump 2.32% to $34.36. Over the last five days, the stock has gained 1.66%. SLM Corp shares have risen nearly 24.58% since the year began. Nevertheless, the stocks have risen 66.80% over the past one year. While a 52-week high of $33.95 was reached on 05/27/25, a 52-week low of $19.39 was recorded on 04/07/25. SMA at 50 days reached $29.68, while 200 days put it at $26.41.
Levels Of Support And Resistance For SLM Stock
The 24-hour chart illustrates a support level at 33.85, which if violated will result in even more drops to 33.33. On the upside, there is a resistance level at 34.71. A further resistance level may holdings at 35.06. The Relative Strength Index (RSI) on the 14-day chart is 70.10, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.54%. Stochastics %K at 89.98% indicates the stock is a selling.
