SLM, headquartered in Newark, Delaware, provides education loans and deposit products, employing 1,740 staff. Its primary loan product, the Smart Option Student Loan, offers flexible repayment terms for students.
Robert S Strong sold 40,000 shares of SLM on 28 January at $28.57 per share, worth a total of $1.1M. They now own 43,163 SLM shares, or a 48% holding decrease.
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