SLM Insider Ted Manvitz Buys 1,062 Shares

Ted Manvitz acquired 1,062 shares of SLM Corporation (SLM) on June 17, 2026. This transaction was disclosed in a filing with the Securities and Exchange Commission and follows a busy period of activity for the company's leadership team. This purchase is the latest in a string of similar moves by board members and executives at the student loan provider, often referred to as Sallie Mae.

Insider Buying and Selling at SLM Corporation

The move by Ted Manvitz on June 17 was part of a broader trend of internal buying. On the same day, Richard Scott Blackley bought 1,198 shares, and Henry Greig acquired 1,089 shares. These trades followed a heavy day of activity on June 16, 2026, when Kirsten Wolberg, James Matheson, Daniel Greenstein, and Richard Scott Blackley each purchased ,7349 shares. None of these transactions were conducted under a Rule 10b5-1 trading plan, which is a tool insiders use to schedule trades in advance to avoid conflict of interest concerns.

SLM Stock Trading Levels

On Friday, shares of SLM were priced at $23.03. This price puts the company's valuation at roughly $4.71 billion. The stock has experienced some volatility recently, trading below its 50-day moving average of $26.18 and its 200-day moving average of $24.39. This suggests the stock has lost some momentum compared to its performance over the last several months. However, the stock remains well above its 52-week low of $17.77, even if it has retreated from its yearly high of $31.06.

Recent Earnings and Financial Health

SLM Corporation brought in $1.69 billion in revenue during its most recent reporting period. The company is highly profitable, reporting a net margin of 43.6% and a return on equity of 30.3%. Its earnings per share (EPS) stands at $3.59. Investors are looking toward October 22, 2026, when the company is expected to release its next quarterly financial results. These upcoming numbers will show if the company can maintain its revenue growth, which was recently recorded at 8.1%.

Dividend Payments

The company pays an annual dividend of $0.52 per share. Based on the current stock price, this provides a yield of 2.07%. The payout ratio is 14.48%, which suggests the company uses a conservative portion of its profits to reward shareholders, keeping the majority of its earnings for operations or debt management.

Analysts Set New Price Targets

Wall Street analysts have issued several updates on SLM recently. On October 12, 2026, Morgan Stanley upgraded the stock to an Overweight rating and set a $30.00 price target. That same day, JP Morgan maintained an Underweight rating but lowered its target from $25.00 to $22.00. Earlier, on October 9, 2026, RBC Capital kept its Outperform rating with a $28.00 target. Barclays also adjusted its view on July 7, 2026, moving the stock to an Equal-Weight rating with a $26.00 price target. Overall, 11 analysts track the stock, maintaining a consensus buy recommendation.

About SLM Corporation

SLM Corporation is a Newark, Delaware-based financial services firm that focuses on private education loans. It helps students and families pay for college through lending and also offers various savings products like high-yield accounts and certificates of deposit. The insider buying activity suggests that those closest to the company's operations see value at current price levels as they prepare for the next phase of the academic lending cycle.

What's Ahead for SLM Corporation

Market watchers will likely keep a close eye on the October 22 earnings report to see if the company's fundamentals align with the recent wave of insider purchases. While these stock buys show a level of confidence from Ted Manvitz and his colleagues, they are backward-looking disclosures and do not guarantee the stock's future direction. The wide range of analyst price targets, from $23.00 to $35.00, indicates that while many are optimistic, some caution remains regarding the lender's valuation.