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 stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $3.73, for a total value of $3,732,141.02. Following the transaction, the chief executive officer directly owned 10,334,449 shares of the company’s stock, valued at approximately $38,547,494.77. This trade represents a 8.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, March 16th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.70, for a total value of $3,702,123.80.
• 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 value of $2,335,305.06.
• On Wednesday, March 11th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $3.91, for a total value 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 value 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 value 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 value 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 transaction 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 transaction of $3,088,425.12.

UWM Stock Performance

Shares of UWMC stock opened at $3.70 on Friday. The firm’s 50 day moving average is $4.81 and its 200 day moving average is $5.29. The stock has a market capitalization of $5.92 billion, a P/E ratio of 61.62 and a beta of 1.90. UWM Holdings Corporation has a 12 month low of $3.46 and a 12 month high of $7.14. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 2.64.

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

UWM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be given a $0.10 dividend. The ex-dividend date is Thursday, March 19th. This represents a $0.40 annualized dividend and a dividend yield of 10.8%. UWM’s payout ratio is 666.67%.

Institutional Investors Weigh In On UWM

Several large investors have recently added to or reduced their stakes in UWMC. Allworth Financial LP grew its position in UWM by 5,681.9% during the third quarter. Allworth Financial LP now owns 4,163 shares of the company’s stock worth $25,000 after buying an additional 4,091 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of UWM by 408.7% in the 3rd quarter. GAMMA Investing LLC now owns 5,407 shares of the company’s stock valued at $33,000 after acquiring an additional 4,344 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of UWM in the 2nd quarter valued at about $35,000. Farther Finance Advisors LLC boosted its position in shares of UWM by 1,410.7% during the 4th quarter. Farther Finance Advisors LLC now owns 8,596 shares of the company’s stock valued at $38,000 after acquiring an additional 8,027 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of UWM during the 3rd quarter valued at about $38,000. Institutional investors own 53.59% of the company’s stock.

UWM News Roundup

Here are the key news stories impacting UWM this week:

• Positive Sentiment: Increased index/market attention — coverage noting UWM has drawn Russell 1000 focus, which can attract passive and benchmark-driven flows that support the share price despite recent selling. UWM Holdings (NYSE:UWMC) Draws Russell 1000 Focus Amid Sales
• Neutral Sentiment: Mixed fundamentals: latest quarter showed a revenue beat but a small EPS miss; consensus remains modest (~$0.20 FY), so fundamentals are a mixed/neutral driver versus transaction and liquidity news.
• Neutral Sentiment: Unusually high options volume has been reported, signaling elevated speculative or hedging activity that increases intraday volatility but doesn’t by itself dictate direction. UWM Sees Unusually High Options Volume (NYSE:UWMC)
• Negative Sentiment: Merger risk: UWM’s proposed acquisition of Two Harbors faces growing resistance — shareholders say the offer undervalues TWO and a competing all-cash bid has surfaced, creating a possible bidding war or deal collapse. That uncertainty raises potential dilution or higher cash outlay and is a near-term negative for UWMC sentiment and M&A-driven upside. UWM acquisition deal hits another snag as target gets competing offer Two Harbors: The Merger That Might Not Be
• Negative Sentiment: Heavy insider selling — CEO Mat has executed multiple large sales in March (multiple filings show >~6M shares sold across transactions), which can signal liquidity needs or reduce market confidence and likely weighs on sentiment. Ishbia Mat Sells 1,000,574 Shares of UWM (NYSE:UWMC) Stock
• Negative Sentiment: Dividend vs. sustainability — the company declared a high-yield quarterly dividend, which supports income buyers, but the payout ratio is extremely elevated, raising questions about sustainability and cash impact if earnings remain thin.

Analysts Set New Price Targets

UWMC has been the topic of a number of recent research reports. Morgan Stanley set a $6.00 price objective on UWM in a report on Tuesday, December 16th. Keefe, Bruyette & Woods decreased their price target on UWM from $6.75 to $6.00 and set a “market perform” rating on the stock in a research report on Friday, February 27th. Compass Point started coverage on shares of UWM in a report on Tuesday, March 10th. They issued a “buy” rating and a $8.50 price target on the stock. BTIG Research restated a “buy” rating and issued a $10.00 price objective on shares of UWM in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group set a $4.40 price objective on shares of UWM in a research report on Wednesday, February 25th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, UWM has a consensus rating of “Hold” and an average 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.