Sallie Mae Stock Down 15% in a Year, and One Fund Just Dumped Its $5.5 Million Stake

11 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, February 14, 2026 astatine 10:51 AM CST 3 min read

On February 13, 2026, Helix Partners Management LP reported selling its full 200,000-share involvement successful SLM Corporation (NASDAQ:SLM) successful an estimated $5.54 cardinal trade.

According to a SEC filing dated February 13, 2026, Helix Partners Management LP sold its full 200,000-share holding successful SLM Corporation (NASDAQ:SLM) during the 4th quarter. The estimated transaction worth was astir $5.54 million.

Top holdings aft the filing:
- NASDAQ:CORZ: $81.54 cardinal (50.3% of AUM)
- NYSE:GNL: $30.96 cardinal (19.1% of AUM)
- NASDAQ:SATS: $26.09 cardinal (16.1% of AUM)
- NYSE:CNK: $6.97 cardinal (4.3% of AUM)
- NYSE:PDM: $5.21 cardinal (3.2% of AUM)
As of February 12, 2026, SLM shares were priced astatine $24.76, down 14.6% implicit the past year. SLM underperformed the S&P 500 by 27.5 percent points implicit the aforesaid period.

Metric

Value

Revenue (TTM)	$1.98 billion
Net Income (TTM)	$744.85 million
Dividend Yield	2.16%
Price (as of marketplace adjacent 2/12/26)	$24.76

SLM Corporation provides backstage acquisition loans, retail deposit accounts, and recognition paper loans, with superior gross generated from involvement income and servicing fees.
The institution operates arsenic a specialty concern company, earning gross done indebtedness origination, servicing, and deposit products for students and families.
It targets students and their families successful the United States seeking fiscal solutions for acquisition expenses.

SLM Corporation provides backstage acquisition loans and related fiscal services to students and families crossed the United States. The institution leverages expertise successful indebtedness origination and servicing to service the acquisition concern market.

Trimming vulnerability to a specialty lender aft a mixed twelvemonth tells you thing astir hazard appetite. Sallie Mae conscionable closed 2025 with $3.46 successful GAAP diluted EPS and $1.12 successful the 4th quarter, alongside a 5.21% nett involvement borderline and a 34.6% ratio ratio. And to beryllium clear, those are not anemic numbers. Management besides authorized a caller $500 cardinal stock repurchase programme aft buying backmost 12.8 cardinal shares for $373 cardinal successful 2025.

Still, delinquencies ticked up to 4.0% of loans successful repayment from 3.7% a twelvemonth earlier, and guidance calls for $345 cardinal to $385 cardinal successful nett charge-offs successful 2026. That signals recognition normalization, not deterioration, but it does headdress upside narratives.

Within a concentrated portfolio led by Core Scientific astatine 50% of assets and outer and REIT exposure, reducing a 3.18% presumption to 0.70% reflects prioritization. Long-term investors should ticker superior returns and recognition metrics much than the commercialized itself. The concern remains profitable and good capitalized. The question is whether maturation accelerates capable to warrant sticking around.

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