Ishbia Mat Sells 1,000,574 Shares of UWM (NYSE:UWMC) Stock

UWM Holdings Corporation (NYSE:UWMC) CEO Ishbia Mat sold 1,000,574 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $3.70, for a total transaction of $3,702,123.80. Following the completion of the transaction, the chief executive officer owned 12,335,597 shares of the company’s stock, valued at $45,641,708.90. This represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, March 13th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $3.69, for a total transaction of $2,335,305.06.
• On Wednesday, March 11th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $3.91, for a total transaction of $2,474,537.34.
• On Monday, March 9th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $3.78, for a total transaction of $2,392,263.72.
• On Thursday, March 5th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.11, for a total transaction of $2,601,112.14.
• On Tuesday, March 3rd, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.25, for a total transaction of $2,689,714.50.
• On Wednesday, February 25th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.03, for a total transaction of $2,550,482.22.
• On Monday, February 23rd, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.52, for a total transaction of $2,860,590.48.
• On Thursday, February 19th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.77, for a total value of $3,018,808.98.
• On Tuesday, February 17th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.88, for a total value of $3,088,425.12.
• On Friday, February 13th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.94, for a total value of $3,126,397.56.

UWM Stock Up 0.7%

Shares of UWMC stock opened at $3.66 on Wednesday. UWM Holdings Corporation has a 1-year low of $3.62 and a 1-year high of $7.14. The stock’s fifty day moving average price is $4.85 and its 200 day moving average price is $5.31. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.52 and a quick ratio of 1.52. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 60.92 and a beta of 1.90.

UWM (NYSE:UWMC) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The company had revenue of $945.25 million during the quarter, compared to analysts’ expectations of $759.12 million. UWM had a net margin of 0.87% and a negative return on equity of 1.35%. On average, research analysts expect that UWM Holdings Corporation will post 0.2 earnings per share for the current fiscal year.

UWM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.9%. UWM’s dividend payout ratio is currently 666.67%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of UWM in the first quarter valued at about $92,000. Focus Partners Wealth purchased a new position in UWM during the first quarter worth about $55,000. Envestnet Asset Management Inc. boosted its holdings in UWM by 437.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 121,444 shares of the company’s stock valued at $503,000 after purchasing an additional 98,837 shares during the last quarter. Vise Technologies Inc. acquired a new position in UWM in the 2nd quarter valued at about $153,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of UWM by 79.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 14,467 shares of the company’s stock valued at $60,000 after buying an additional 6,395 shares during the period. Institutional investors and hedge funds own 53.59% of the company’s stock.

Key Stories Impacting UWM

Here are the key news stories impacting UWM this week:

• Positive Sentiment: BTIG reiterated a Buy rating and $10 price target after UWM raised its revenue outlook ahead of the merger vote — reinforces upside if the deal clears. BTIG Reiterates Buy Rating on UWM Holdings (UWMC)
• Positive Sentiment: Unusually large call-option buying (≈15,889 calls, ~92% above typical volume) suggests short-term bullish/speculative positioning that can support near-term demand.
• Positive Sentiment: Institutional activity shows notable inflows (Invesco and others increased stakes), which can provide support versus purely retail-driven moves.
• Neutral Sentiment: UWM declared a $0.10 quarterly dividend (ex-dividend date March 19), yielding ~11% — attracts income buyers but payout ratio (~667%) flags sustainability risk.
• Neutral Sentiment: Recent quarter: revenue materially beat consensus ($945.3M vs. $759.1M) but EPS missed ($0.08 vs. $0.09) — shows top-line strength but margin/earnings execution remains mixed.
• Negative Sentiment: Two Harbors adjourned its shareholder meeting after missing a quorum, delaying the merger vote and increasing near-term deal uncertainty — a direct strategic and sentiment headwind. Two Harbors postpones vote on UWM merger after quorum miss
• Negative Sentiment: CEO Mat Ishbia executed multiple large share sales in March (including 632,874 shares on Mar 13 at ~$3.69 and 1,000,574 shares on Mar 16 at ~$3.70), materially reducing his position — repeated insider selling at scale tends to weigh on sentiment. SEC filing: SEC Form 4

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Zacks Research downgraded UWM from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. BTIG Research reiterated a “buy” rating and issued a $10.00 price target on shares of UWM in a report on Tuesday, March 10th. Jefferies Financial Group set a $4.40 price target on shares of UWM in a research report on Wednesday, February 25th. Weiss Ratings upgraded shares of UWM from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, February 26th. Finally, Wall Street Zen upgraded shares of UWM from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $6.49.

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.