SLM Insider James Matheson Buys 7,349 Shares

James Matheson, an insider at SLM Corporation, bought 7,349 shares of the company on June 16, 2026. The transaction did not specify a price, but SLM shares were trading at $23.03 on NasdaqGS at the time.

Insider Buying and Selling at SLM Corporation

James Matheson's recent purchase isn't the only insider activity at SLM Corporation. On June 17, 2026, Greig Henry, Richard Scott Blackley, and Ted Manvitz also acquired shares, buying 1,089, 1,198, and 1,062 shares respectively. These transactions were not part of any pre-planned trading programs.

Other Institutional Activity in SLM Corporation

Several institutional investors have also been active in SLM Corporation recently. BlackRock, Inc. increased its holdings by 93,562 shares, reaching a total of 18,880,810 shares valued at about $404.2 million. Meanwhile, FMR LLC reduced its position by 441,564 shares, leaving it with 17,916,469 shares worth approximately $383.6 million. Brave Warrior Advisors, LLC significantly boosted its stake by 752,403 shares, bringing its total to 13,584,368 shares valued at $290.8 million. Price T Rowe Associates Inc /MD/ also made a notable addition, increasing its holdings by 1,260,443 shares to a total of 8,436,727 shares, valued at $180.6 million.

SLM Corporation Stock Down 8.2%

Shares of SLM Corporation (NasdaqGS: SLM) traded at $23.03. The company holds a market cap of approximately $4.34 billion and has a P/E ratio of 6.4. The stock's 52-week low is $17.77, and its high is $34.97. The 50-day moving average stands at $22.30, and the 200-day moving average is $24.99. SLM's current ratio is 1.30, with a quick ratio of 1.28 and a debt-to-equity ratio of 253.08.

Recent Earnings

In its most recent earnings report, SLM Corporation recorded revenue of $1.67 billion, reflecting a revenue growth of 2.5%. The company reported an EPS of $3.60, with a net margin of 44.93% and a return on equity of 30.93%. The next earnings release is scheduled for July 23, 2026.

Dividend

SLM Corporation offers an annual dividend rate of $0.52, yielding 2.32%. The dividend payout ratio is 14.44%.

Analysts Set New Price Targets

Barclays maintained its 'buy' rating on SLM Corporation on April 24, 2026, with a price target of $30.00. Morgan Stanley also maintained its 'hold' rating with a target of $26.00 on April 16, 2026. JP Morgan kept a 'sell' rating with a $22.00 target on April 9, 2026. The overall analyst consensus for SLM is a 'buy', with a mean target price of $28.82 based on 11 analyst opinions.

About SLM Corporation

SLM Corporation, commonly known as Sallie Mae, is a financial services company based in Newark, Delaware. It specializes in originating and servicing private education loans for students and their families in the United States. The company also provides retail deposit accounts like high-yield savings and money market accounts. SLM was founded in 1972 and is led by CEO Mr. Jonathan W. Witter, with a workforce of 1,788 employees.

Bottom Line

Insider buying by James Matheson and others may signal confidence in SLM Corporation's prospects. Investors often track such insider activity for insights, though it's important to remember these transactions are backward-looking. SLM's financial metrics and institutional interest suggest it remains a company worth watching in the financial services sector.