Insider Selling: UWM (NYSE:UWMC) CEO Sells $3,297,235.33 in Stock

UWM Holdings Corporation (NYSE:UWMC) CEO Ishbia Mat sold 934,061 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $3.53, for a total value of $3,297,235.33. Following the completion of the transaction, the chief executive officer owned 2,397,672 shares in the company, valued at $8,463,782.16. The trade was a 28.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, May 6th, Ishbia Mat sold 1,003,333 shares of UWM stock. The stock was sold at an average price of $3.66, for a total transaction of $3,672,198.78.
• On Monday, May 4th, Ishbia Mat sold 1,003,333 shares of UWM stock. The stock was sold at an average price of $3.57, for a total transaction of $3,581,898.81.
• On Friday, May 1st, Ishbia Mat sold 1,001,024 shares of UWM stock. The shares were sold at an average price of $3.62, for a total transaction of $3,623,706.88.
• On Wednesday, April 29th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.50, for a total transaction of $3,502,009.00.
• On Tuesday, April 28th, Ishbia Mat sold 986,644 shares of UWM stock. The stock was sold at an average price of $3.66, for a total transaction of $3,611,117.04.
• On Monday, April 27th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.78, for a total transaction of $3,782,169.72.
• On Friday, April 24th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.75, for a total transaction of $3,752,152.50.
• On Wednesday, April 22nd, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.70, for a total transaction of $3,702,123.80.
• On Monday, April 20th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.94, for a total value of $3,942,261.56.
• On Friday, April 17th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.93, for a total value of $3,932,255.82.

UWM Price Performance

UWM stock opened at $3.49 on Thursday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.52 and a current ratio of 1.52. UWM Holdings Corporation has a 52 week low of $3.38 and a 52 week high of $7.14. The stock has a market capitalization of $5.58 billion, a P/E ratio of 58.08 and a beta of 1.78. The stock has a fifty day moving average of $3.80 and a 200-day moving average of $4.74.

UWM (NYSE:UWMC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.03. UWM had a negative return on equity of 1.35% and a net margin of 0.87%.The business had revenue of $901.43 million for the quarter, compared to analyst estimates of $709.85 million. On average, sell-side analysts expect that UWM Holdings Corporation will post 0.41 earnings per share for the current fiscal year.

UWM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date is Thursday, June 18th. UWM’s dividend payout ratio (DPR) is presently 666.67%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on UWMC shares. Compass Point assumed coverage on shares of UWM in a research report on Tuesday, March 10th. They set a “buy” rating and a $8.50 price objective for the company. Keefe, Bruyette & Woods cut their target price on shares of UWM from $6.00 to $5.00 and set a “market perform” rating on the stock in a research report on Friday, April 10th. Weiss Ratings downgraded shares of UWM from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Stephens started coverage on shares of UWM in a report on Friday, April 24th. They set an “equal weight” rating and a $4.00 price target for the company. Finally, Jefferies Financial Group set a $4.40 price target on UWM in a research note on Wednesday, February 25th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $5.99.

Trending Headlines about UWM

Here are the key news stories impacting UWM this week:

• Positive Sentiment: Q1 beat: UWM reported revenue of $901.4M and EPS $0.09, topping consensus and showing profit improvement — the core earnings/revenue surprise is the main catalyst lifting the stock. AP: Q1 Results
• Positive Sentiment: Dividend declared: Board approved a $0.10 quarterly dividend (annualized ~ $0.40) — yields cited near double-digit levels, which can attract income-focused buyers.
• Positive Sentiment: Management pushing on deal value: UWM publicly disputed Two Harbors’ characterization of UWMC’s revised offer, keeping the possibility of a higher bid or continued negotiation on the table (supports upside tied to M&A). BusinessWire: UWMC Responds
• Neutral Sentiment: Earnings call/transcript posted — read for management commentary on margins, mortgage volumes, share count and any guidance changes; these details will determine whether the beat is durable. SA: Earnings Call Transcript
• Negative Sentiment: CEO insider selling: CEO Mat Ishbia has executed multiple large Rule 10b5-1 sales (millions of shares over recent sessions), materially trimming his stake — this raises concerns about insider liquidity and can weigh on sentiment. SEC filing: SEC Form 4
• Negative Sentiment: Deal uncertainty: Two Harbors’ board rejected UWM’s revised $12.00 proposal and reaffirmed the CrossCountry transaction, lowering the odds of a friendly deal and removing a key potential re-rating catalyst. HousingWire: TWO rejects UWM
• Negative Sentiment: Unusual options flow: Large spike in put purchases (34,068 puts, ~262% above normal) signals elevated hedging or speculative bearish positioning that can amplify downside volatility.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UWMC. Integrated Investment Consultants LLC acquired a new stake in UWM during the 3rd quarter worth approximately $32,630,000. Tudor Investment Corp ET AL acquired a new position in UWM in the 3rd quarter valued at approximately $12,237,000. Alight Capital Management LP acquired a new position in UWM in the 3rd quarter valued at approximately $3,958,000. Vanguard Group Inc. raised its stake in shares of UWM by 6.2% during the third 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 during the last quarter. Finally, Luxor Capital Group LP acquired a new position in shares of UWM during the third quarter worth $7,473,000. Institutional investors and hedge funds own 53.59% of the company’s stock.

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.