Ishbia Mat Sells 632,874 Shares of UWM (NYSE:UWMC) Stock

UWM Holdings Corporation (NYSE:UWMC) CEO Ishbia Mat sold 632,874 shares of UWM stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $3.69, for a total transaction of $2,335,305.06. Following the completion of the sale, the chief executive officer owned 2,336,171 shares in the company, valued at $8,620,470.99. This trade represents a 21.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $3.70, for a total transaction of $3,702,123.80.
• 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 stock was 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 value of $2,550,482.22.
• On Monday, February 23rd, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.52, for a total value 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 shares were sold at an average price of $4.94, for a total value of $3,126,397.56.

UWM Stock Up 0.7%

NYSE:UWMC opened at $3.66 on Wednesday. UWM Holdings Corporation has a twelve month low of $3.62 and a twelve month high of $7.14. The firm has a market capitalization of $5.85 billion, a price-to-earnings ratio of 60.92 and a beta of 1.90. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.64. The stock’s 50 day moving average price is $4.85 and its two-hundred day moving average price is $5.31.

UWM (NYSE:UWMC) last released 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 analyst estimates of $759.12 million. UWM had a net margin of 0.87% and a negative return on equity of 1.35%. Equities research analysts expect that UWM Holdings Corporation will post 0.2 earnings per share for the current fiscal year.

UWM Dividend Announcement

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

Institutional Trading of UWM

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in UWM by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 18,959,442 shares of the company’s stock valued at $83,042,000 after acquiring an additional 1,676,754 shares during the last quarter. Azora Capital LP lifted its stake in UWM by 230.8% during the fourth quarter. Azora Capital LP now owns 11,296,053 shares of the company’s stock worth $49,477,000 after purchasing an additional 7,881,586 shares during the last quarter. Brandes Investment Partners LP acquired a new stake in shares of UWM in the 4th quarter valued at $45,867,000. Balyasny Asset Management L.P. boosted its holdings in shares of UWM by 116.6% in the 2nd 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 in the last quarter. Finally, Integrated Investment Consultants LLC bought a new position in shares of UWM in the 3rd quarter valued at $32,630,000. Institutional investors and hedge funds own 53.59% of the company’s stock.

More UWM News

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 Analyst Weigh In

A number of equities analysts have commented on UWMC shares. The Goldman Sachs Group set a $5.00 price objective on shares of UWM in a research report on Tuesday, January 6th. Barclays dropped their price objective on shares of UWM from $7.00 to $6.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Wall Street Zen raised shares of UWM from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. 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, Morgan Stanley set a $6.00 price target on shares of UWM in a report on Tuesday, December 16th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $6.49.

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.