SLM Corp’s recent filing unveils that its EVP & Chief Risk Officer Pahwa Munish unloaded Company’s shares for reported $0.34 million on May 28 ’25. In the deal valued at $34.08 per share,10,000 shares were sold. As a result of this transaction, Pahwa Munish now holds 70,836 shares worth roughly $2.44 million.
Then, Pahwa Munish bought 10,000 shares, generating $340,521 in total proceeds.
Before that, Strong Robert S. sold 3,000 shares. SLM Corp shares valued at $93,464 were divested by the Director at a price of $31.15 per share. As a result of the transaction, Strong Robert S. now holds 35,195 shares, worth roughly $1.21 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 1.56% to $34.4. Over the last five days, the stock has gained 4.37%. SLM Corp shares have risen nearly 64.67% since the year began. Nevertheless, the stocks have risen 24.73% over the past one year. While a 52-week high of $34.54 was reached on 05/27/25, a 52-week low of $19.39 was recorded on 04/07/25.
Levels Of Support And Resistance For SLM Stock
The 24-hour chart illustrates a support level at 33.84, which if violated will result in even more drops to 33.28. On the upside, there is a resistance level at 34.69. A further resistance level may holdings at 34.97.
How much short interest is there in SLM Corp?
A steep rise in short interest was recorded in SLM Corp stocks on 2025-06-13, growing by 0.86 million shares to a total of 6.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.01 million shares. There was a rise of 12.54%, which implies that there is a positive sentiment for the stock.
