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

UWM Holdings Corporation (NYSE:UWMCGet Free Report) CEO Ishbia Mat sold 1,000,574 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $3.70, for a total transaction of $3,702,123.80. Following the transaction, the chief executive officer directly owned 12,335,597 shares in the company, valued at approximately $45,641,708.90. This represents a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Friday, March 13th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was 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 stock was 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 shares were 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 shares were 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 stock was 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 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 stock was 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 Performance

Shares of UWMC stock opened at $3.64 on Tuesday. The company has a market capitalization of $5.82 billion, a P/E ratio of 60.58 and a beta of 1.90. UWM Holdings Corporation has a fifty-two week low of $3.62 and a fifty-two week high of $7.14. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a 50 day moving average price of $4.87 and a two-hundred day moving average price of $5.33.

UWM (NYSE:UWMCGet Free Report) last issued 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 during the quarter, compared to the consensus estimate of $759.12 million. Analysts expect that UWM Holdings Corporation will post 0.2 earnings per share for the current year.

UWM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders 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 dividend on an annualized basis and a dividend yield of 11.0%. UWM’s payout ratio is presently 666.67%.

Institutional Investors Weigh In On UWM

Several hedge funds have recently made changes to their positions in the company. Corient Private Wealth LLC boosted its holdings in shares of UWM by 258.0% during the 4th quarter. Corient Private Wealth LLC now owns 103,471 shares of the company’s stock valued at $453,000 after buying an additional 74,565 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of UWM by 1,570.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 12,191 shares of the company’s stock worth $53,000 after acquiring an additional 11,461 shares in the last quarter. Kera Capital Partners Inc. purchased a new position in UWM during the 4th quarter valued at about $47,000. Virtu Financial LLC purchased a new position in UWM during the 4th quarter valued at about $1,799,000. Finally, Invesco Ltd. boosted its stake in UWM by 504.1% during the fourth quarter. Invesco Ltd. now owns 1,498,979 shares of the company’s stock worth $6,566,000 after acquiring an additional 1,250,845 shares in the last quarter. 53.59% of the stock is currently owned by institutional investors.

UWM News Roundup

Here are the key news stories impacting UWM this week:

  • Positive Sentiment: BTIG reiterated a Buy rating with a $10 price target after UWM raised its revenue outlook ahead of the merger vote — this reinforces upside expectations if the deal clears. BTIG Reiterates Buy Rating on UWM Holdings (UWMC)
  • Positive Sentiment: Unusually large call-option buying occurred (about 15,889 calls, up ~92% vs. typical volume), indicating short-term bullish/speculative positioning that can support near-term demand for the shares.
  • Neutral Sentiment: Valuation coverage notes UWM shares sit below some narrative fair-value estimates, suggesting analysts see upside but also pointing to execution and deal risk that must be resolved. A Look At UWM Holdings (UWMC) Valuation
  • Negative Sentiment: Two Harbors adjourned its shareholder meeting after missing a quorum, postponing the merger vote and increasing near-term deal uncertainty — a direct negative for UWM’s strategic outlook and stock sentiment. Two Harbors postpones vote on UWM merger after quorum miss
  • Negative Sentiment: CEO Mat Ishbia sold large blocks of stock in two filings (632,874 shares on March 13 at ~$3.69 and 1,000,574 shares on March 16 at ~$3.70), reducing his ownership meaningfully — insider selling at scale tends to weigh on investor sentiment. SEC filing: SEC Form 4

Analyst Ratings Changes

Several analysts recently issued reports on UWMC shares. Compass Point assumed coverage on UWM in a research note on Tuesday, March 10th. They issued a “buy” rating and a $8.50 target price on the stock. Zacks Research lowered UWM from a “hold” rating to a “strong sell” rating in a research report on Friday, February 27th. Jefferies Financial Group set a $4.40 price objective on UWM in a report on Wednesday, February 25th. Wall Street Zen upgraded UWM from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, BTIG Research reissued a “buy” rating and set a $10.00 target price on shares of UWM in a research note on Tuesday, March 10th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $6.49.

Get Our Latest Report on UWMC

About UWM

(Get Free Report)

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.

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