On October 1, 2024, Robert Strong, Director of SLM Corp (SLM, Financial), executed a sale of 4,500 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 92,130.0952 shares of SLM Corp.
SLM Corp, commonly known as Sallie Mae, operates as a consumer banking company specializing in education finance. The company's primary business is to originate and service loans for higher education to students and their families.
Over the past year, Robert Strong has sold a total of 22,500 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within SLM Corp, where there have been 9 insider sells and only 1 insider buy over the past year.
Shares of SLM Corp were trading at $22.72 on the day of the transaction. The company has a market cap of approximately $4.78 billion. The price-earnings ratio of SLM Corp stands at 6.85, which is lower than both the industry median of 14.98 and the company's historical median.
The GF Value of SLM Corp is estimated at $19.44, indicating that with a current price of $22.72, the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.17.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to current and potential investors, as insider transactions can provide insights into how the company's executives view the stock's value and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
