Kirsten Wolberg Acquires Shares of SLM Corporation

Kirsten Wolberg, an insider at SLM Corporation, recently purchased 7,349 shares of the company. This transaction took place on June 16, 2026, and was not part of a pre-planned trading program.

Insider Buying and Selling at SLM Corporation

In addition to Kirsten Wolberg's acquisition, several other insiders made similar moves. On June 17, 2026, Greig Henry, Richard Scott Blackley, and Ted Manvitz each bought shares, with Blackley purchasing 1,198 shares and Manvitz buying 1,062 shares. These transactions were also not part of a planned trading strategy.

Other Institutional Activity in SLM Corporation

Several 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. Conversely, FMR LLC reduced its position by 441,564 shares, ending with 17,916,469 shares worth about $383.6 million. Brave Warrior Advisors, LLC significantly boosted its stake by 752,403 shares, totaling 13,584,368 shares valued at $290.8 million.

SLM Corporation Stock Snapshot

Shares of SLM Corporation (NasdaqGS:SLM) recently traded at $23.03. The company has a market capitalization of roughly $4.34 billion, with a P/E ratio of 6.4 and a forward P/E of 6.8. SLM's stock has a 52-week range of $17.77 to $34.97, a 50-day moving average of $22.30, and a 200-day moving average of $24.99.

Recent Earnings

SLM Corporation reported revenue of approximately $1.67 billion, reflecting a 2.5% growth. The company's net margin stands at 44.9%, with a return on equity of 30.9%. Its earnings per share (EPS) is $3.60. The next earnings report 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%, indicating a conservative approach to dividend distribution.

Analysts Set New Price Targets

Analysts have maintained varied perspectives on SLM Corporation. On April 24, 2026, Barclays reaffirmed its 'buy' rating with a price target of $30. Meanwhile, Morgan Stanley maintained a 'hold' rating with a $26 target on April 16, 2026. JP Morgan suggested a 'sell' rating with a $22 target on April 9, 2026. The consensus recommendation is 'buy', with an average target price of $28.82.

About SLM Corporation

SLM Corporation, also known as Sallie Mae, is based in Newark, Delaware. It operates in the financial services sector, primarily focusing on credit services. The company provides private education loans to students and their families in the United States. SLM also offers retail deposit accounts like high-yield savings and money market accounts. Led by CEO Jonathan W. Witter, the company employs around 1,788 people.

Bottom Line

The recent insider purchases at SLM Corporation, including Kirsten Wolberg's acquisition, highlight ongoing interest in the company's stock. SLM's financial metrics, such as its market cap and P/E ratio, provide investors with a snapshot of its valuation. Analysts' mixed ratings indicate varying expectations, offering a broad perspective on its potential. As always, remember that insider transactions are disclosed after the fact and may not reflect the current situation.