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.
Ted Manvitz bought 10,000 shares of SLM on 11 February at $28.90 per share, worth a total of $289K. They now own 56,464 SLM shares, or a 22% holding increase.
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