Henry Greig Purchases SLM Corporation Shares

Henry Greig recently purchased 1,089 shares of SLM Corporation, trading under the ticker SLM on the NasdaqGS. This insider transaction took place on June 17, 2026, and adds to the ongoing activity within the company.

Insider Buying and Selling at SLM Corporation

On June 17, 2026, Henry Greig acquired 1,089 shares of SLM Corporation, indicating a positive outlook on the company's future. Several other insiders also bought shares around the same time, including Richard Scott Blackley with 1,198 shares and Ted Manvitz with 1,062 shares. These transactions were not made under any pre-planned trading programs.

Other Institutional Activity in SLM Corporation

Institutional investors have been active in SLM Corporation. BlackRock, Inc. increased its holdings by 93,562 shares, bringing its total to 18,880,810 shares, valued at approximately $404.2 million. FMR LLC, on the other hand, reduced its position by 441,564 shares, now holding 17,916,469 shares worth about $383.6 million. Brave Warrior Advisors, LLC added 752,403 shares, ending with 13,584,368 shares valued at $290.8 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, with 10,827,129 and 8,563,823 shares respectively.

SLM Corporation Stock Down 12.8%

As of Friday, shares of NasdaqGS:SLM traded near $23.03. SLM Corporation has a market capitalization of $4.34 billion and a P/E ratio of 6.4. The stock has experienced a 52-week low of $17.77 and a high of $34.97. It has a 50-day moving average of $22.30 and a 200-day moving average of $24.99. The company maintains a current ratio of 1.30 and a quick ratio of 1.28, with a debt-to-equity ratio of 253.08.

Recent Earnings

SLM Corporation reported revenue of $1.67 billion, reflecting a growth rate of 2.5%. The company posted an earnings per share (EPS) of $3.60, with a net margin of 44.9% and a return on equity (ROE) of 30.93%. The next earnings report is expected on July 23, 2026.

Dividend

SLM Corporation pays an annual dividend rate of $0.52, yielding 2.26% with a payout ratio of 14.44%. Investors should note the ex-dividend date to ensure eligibility for the next payment.

Analysts Set New Price Targets

Analysts have set various price targets for SLM Corporation. On April 24, 2026, Barclays maintained a 'buy' rating with a $30 price target. Morgan Stanley kept a 'hold' rating with a target of $26 on April 16, 2026. JP Morgan maintained a 'sell' rating with a $22 target on April 9, 2026. Overall, the consensus recommendation is a 'buy', with an average target price of $28.82 based on 11 analyst opinions.

About SLM Corporation

SLM Corporation, also known as Sallie Mae, is a financial services company based in Newark, Delaware. It focuses on originating and servicing private education loans for students and their families in the United States. The company also offers retail deposit accounts such as high-yield savings accounts and certificates of deposit. Led by CEO Jonathan W. Witter, SLM employs approximately 1,788 people.

Bottom Line

The recent insider purchases, including Henry Greig's acquisition, suggest confidence in SLM Corporation's prospects. Investors often track such insider activities as a potential indicator of a company's health. However, it's important to remember that these insights are based on past data and may not reflect the current position or future performance.