New insider activity at SLM ( (SLM) ) has taken place on February 25, 2025.
Kerri A. Palmer, the Executive Vice President and Chief Operational Officer, has sold 25,000 shares of SLM stock, amounting to a total transaction value of $797,500.
Recent Updates on SLM stock
SLM Corporation has recently experienced notable developments impacting its stock. Barclays raised its price target for SLM, citing potential earnings per share upside due to an expansion in the private student lending market and anticipated changes to the federal student loan program. The House budget plan, proposing significant cuts in higher education funding, could further influence the market dynamics. SLM’s recent earnings call highlighted strong loan origination growth, improved credit quality, and a strategic capital return strategy, despite challenges like a decline in net interest margin and earnings per share falling slightly below guidance. The company remains optimistic about future growth, supported by a preliminary agreement for a substantial loan sale and positive guidance for 2025.
More about SLM
YTD Price Performance: 12.18%
Average Trading Volume: 2,816,270
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.46B