Ishbia Mat Sells 1,003,333 Shares of UWM (NYSE:UWMC) Stock

UWM Holdings Corporation (NYSE:UWMC) CEO Ishbia Mat sold 1,003,333 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $3.57, for a total transaction of $3,581,898.81. Following the completion of the sale, the chief executive officer directly owned 3,999,087 shares in the company, valued at approximately $14,276,740.59. The trade was a 20.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ishbia Mat also recently made the following trade(s):

• On Friday, May 1st, Ishbia Mat sold 1,001,024 shares of UWM stock. The shares were sold at an average price of $3.62, for a total transaction of $3,623,706.88.
• On Thursday, April 30th, Ishbia Mat sold 934,061 shares of UWM stock. The shares were sold at an average price of $3.53, for a total transaction of $3,297,235.33.
• On Wednesday, April 29th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.50, for a total transaction of $3,502,009.00.
• On Tuesday, April 28th, Ishbia Mat sold 986,644 shares of UWM stock. The shares were sold at an average price of $3.66, for a total transaction of $3,611,117.04.
• On Monday, April 27th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.78, for a total transaction of $3,782,169.72.
• On Friday, April 24th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.75, for a total transaction of $3,752,152.50.
• On Wednesday, April 22nd, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.70, for a total transaction of $3,702,123.80.
• On Monday, April 20th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.94, for a total transaction of $3,942,261.56.
• On Friday, April 17th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.93, for a total transaction of $3,932,255.82.
• On Wednesday, April 15th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.78, for a total transaction of $3,782,169.72.

UWM Trading Down 3.1%

UWMC stock opened at $3.43 on Wednesday. The company’s 50-day simple moving average is $3.82 and its 200-day simple moving average is $4.75. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.64. UWM Holdings Corporation has a 52-week low of $3.38 and a 52-week high of $7.14. The firm has a market cap of $5.49 billion, a P/E ratio of 57.15 and a beta of 1.78.

UWM (NYSE:UWMC) last posted its earnings results on Wednesday, February 25th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). UWM had a negative return on equity of 1.35% and a net margin of 0.87%.The firm had revenue of $945.25 million for the quarter, compared to analysts’ expectations of $759.12 million. As a group, equities analysts forecast that UWM Holdings Corporation will post 0.41 EPS for the current fiscal year.

UWM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 11.7%. The ex-dividend date of this dividend was Thursday, March 19th. UWM’s dividend payout ratio is presently 666.67%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UWMC. Compass Point began coverage on shares of UWM in a research note on Tuesday, March 10th. They set a “buy” rating and a $8.50 target price on the stock. BTIG Research reaffirmed a “buy” rating and issued a $10.00 price target on shares of UWM in a research note on Tuesday, March 10th. Argus raised shares of UWM to a “hold” rating in a research note on Tuesday, March 31st. Jefferies Financial Group set a $4.40 price target on shares of UWM in a research note on Wednesday, February 25th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of UWM from $6.00 to $5.00 and set a “market perform” rating on the stock in a research note on Friday, April 10th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $5.99.

UWM News Roundup

Here are the key news stories impacting UWM this week:

• Positive Sentiment: Management publicly pushed back against Two Harbors’ characterization of UWMC’s revised $12.00-per-share offer, arguing the board understates UWMC’s math and keeping the possibility of a higher takeover price alive — a development that preserves upside if UWMC can improve its bid or sway shareholders. Read More.
• Neutral Sentiment: UWM will report quarterly results on Wednesday; with last quarter showing a revenue beat but an EPS miss, earnings and management commentary on mortgage volume, margins and M&A strategy could create short-term swings. Investors should watch guidance and any M&A update. Read More.
• Neutral Sentiment: Recent analyst and media pieces are revisiting UWMC’s valuation after recent share gains; coverage highlights sensitivity to deal outcomes and mortgage-cycle dynamics, useful context but not an immediate catalyst. Read More.
• Negative Sentiment: Two Harbors’ board formally rejected UWMC’s revised $12.00 offer and reaffirmed support for its deal with CrossCountry at $11.30 — this reduces the odds of UWMC completing a higher-priced acquisition and is a clear headwind for any takeover-driven re‑rating. Read More.
• Negative Sentiment: CEO Mat Ishbia executed multiple large stock sales under a pre‑arranged Rule 10b5‑1 plan (recent blocks include ~934,061; 1,001,024; and 1,003,333 shares), materially reducing his stake and injecting significant insider liquidity into the market — a factor that tends to pressure the share price and raises concerns about dilution or insider sentiment despite being plan‑based. SEC filing: Read More.

Institutional Trading of UWM

Hedge funds have recently bought and sold shares of the business. Integrated Investment Consultants LLC acquired a new stake in UWM in the 3rd quarter valued at about $32,630,000. Tudor Investment Corp ET AL acquired a new stake in UWM in the 3rd quarter valued at about $12,237,000. Alight Capital Management LP acquired a new stake in UWM in the 3rd quarter valued at about $3,958,000. Vanguard Group Inc. raised its holdings in UWM by 6.2% in the 3rd quarter. Vanguard Group Inc. now owns 17,282,688 shares of the company’s stock valued at $105,252,000 after acquiring an additional 1,010,907 shares during the last quarter. Finally, Luxor Capital Group LP acquired a new stake in UWM in the 3rd quarter valued at about $7,473,000. Institutional investors and hedge funds own 53.59% of the company’s stock.

UWM Company Profile

United Wholesale Mortgage (NYSE: UWMC) is a leading mortgage lender in the United States specializing in the wholesale channel. The company partners with independent mortgage brokers, community banks and credit unions to offer a full suite of residential mortgage products. Through its network of third-party originators, United Wholesale Mortgage underwrites, funds and closes loans, allowing its partners to focus on customer acquisition and service.

The company’s product offerings include conventional fixed- and adjustable-rate mortgages, Federal Housing Administration (FHA) loans, Veterans Affairs (VA) loans, U.S.