UWM (NYSE:UWMC) CEO Ishbia Mat Sells 402,483 Shares

UWM Holdings Corporation (NYSE:UWMC) CEO Ishbia Mat sold 402,483 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $4.70, for a total transaction of $1,891,670.10. Following the transaction, the chief executive officer owned 3,328,490 shares of the company’s stock, valued at approximately $15,643,903. The trade was a 10.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Monday, December 29th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.42, for a total transaction of $2,797,303.08.
• On Friday, December 26th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.57, for a total transaction of $2,892,234.18.
• On Wednesday, December 24th, Ishbia Mat sold 449,997 shares of UWM stock. The stock was sold at an average price of $4.66, for a total transaction of $2,096,986.02.
• On Friday, December 12th, Ishbia Mat sold 612,287 shares of UWM stock. The shares were sold at an average price of $5.47, for a total transaction of $3,349,209.89.
• On Wednesday, December 10th, Ishbia Mat sold 612,287 shares of UWM stock. The shares were sold at an average price of $5.60, for a total transaction of $3,428,807.20.
• On Monday, December 8th, Ishbia Mat sold 612,287 shares of UWM stock. The stock was sold at an average price of $5.67, for a total value of $3,471,667.29.
• On Friday, December 5th, Ishbia Mat sold 612,287 shares of UWM stock. The shares were sold at an average price of $5.78, for a total value of $3,539,018.86.
• On Wednesday, December 3rd, Ishbia Mat sold 612,287 shares of UWM stock. The stock was sold at an average price of $5.71, for a total value of $3,496,158.77.
• On Monday, December 1st, Ishbia Mat sold 612,287 shares of UWM stock. The stock was sold at an average price of $5.80, for a total value of $3,551,264.60.
• On Friday, November 28th, Ishbia Mat sold 437,073 shares of UWM stock. The shares were sold at an average price of $5.85, for a total value of $2,556,877.05.

UWM Trading Down 4.2%

Shares of UWMC stock opened at $4.40 on Tuesday. UWM Holdings Corporation has a 52 week low of $3.80 and a 52 week high of $7.14. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 2.40. The firm has a 50 day moving average of $5.36 and a 200-day moving average of $5.22.

UWM (NYSE:UWMC) last released its earnings results on Thursday, November 6th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). The company had revenue of $151.14 million for the quarter, compared to analyst estimates of $651.51 million. UWM had a net margin of 0.61% and a negative return on equity of 6.81%. Sell-side analysts predict that UWM Holdings Corporation will post 0.2 earnings per share for the current year.

UWM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 18th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Thursday, December 18th.

Institutional Investors Weigh In On UWM

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in UWM by 6.2% during 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 in the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of UWM by 116.6% in the second quarter. Balyasny Asset Management L.P. now owns 5,991,072 shares of the company’s stock valued at $24,803,000 after purchasing an additional 3,224,806 shares during the last quarter. Integrated Investment Consultants LLC bought a new position in shares of UWM during the third quarter valued at about $32,630,000. Bank of America Corp DE boosted its holdings in UWM by 40.5% during the third quarter. Bank of America Corp DE now owns 5,279,523 shares of the company’s stock worth $32,152,000 after purchasing an additional 1,520,923 shares during the last quarter. Finally, Two Sigma Investments LP boosted its holdings in UWM by 165.5% during the third quarter. Two Sigma Investments LP now owns 4,988,898 shares of the company’s stock worth $30,382,000 after purchasing an additional 3,109,591 shares during the last quarter. 53.59% of the stock is owned by hedge funds and other institutional investors.

UWM News Summary

Here are the key news stories impacting UWM this week:

• Positive Sentiment: UWM announced a recent quarterly dividend of $0.10 per share (annualized ~$0.40), implying a ~9.1% yield — a cash return that can support investor demand and income-focused buying ahead of the Jan. 8 payment date.
• Positive Sentiment: Large institutional players have been building and holding positions (Two Sigma, Balyasny, Integrated Investment Consultants, etc.), showing continued hedge-fund interest that can underpin liquidity and limit downside from retail-only selling.
• Neutral Sentiment: Analyst coverage is mixed: recent notes range from Buy (BTIG) to Hold/Neutral (Jefferies, UBS, Morgan Stanley) with an average target near $6.56 — this provides context for medium-term expectations but is not a catalyst by itself.
• Negative Sentiment: CEO Ishbia Mat has been selling repeatedly throughout December, including a 632,874-share sale on Dec. 29 (about $2.8M at ~$4.42) as disclosed in SEC filings. The concentrated, recurring insider sales increase near-term selling pressure and raise governance/ownership-concentration questions for some investors. UWM CEO Sells $2.8M in Stock
• Negative Sentiment: UWM disclosed that NYSE-listed warrants may face delisting action, a development that can raise market-structure uncertainty and potentially depress sentiment among derivatives and equity holders until resolved. Warrants Face Delisting Action

Analyst Upgrades and Downgrades

UWMC has been the topic of several recent research reports. Wall Street Zen lowered UWM from a “hold” rating to a “strong sell” rating in a report on Saturday, November 15th. Morgan Stanley set a $6.00 target price on UWM in a report on Tuesday, December 16th. Weiss Ratings reissued a “sell (d+)” rating on shares of UWM in a research report on Wednesday, October 8th. Zacks Research upgraded shares of UWM from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 7th. Finally, Jefferies Financial Group initiated coverage on shares of UWM in a research note on Friday, December 19th. They issued a “hold” rating and a $5.00 price objective on the stock. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.56.

About UWM

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.