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 dated Friday, December 26th. The stock was sold at an average price of $4.57, for a total transaction of $2,892,234.18. Following the sale, the chief executive officer owned 2,245,619 shares of the company’s stock, valued at approximately $10,262,478.83. This trade represents a 21.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, December 29th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.42, for a total transaction of $2,797,303.08.
• On Wednesday, December 24th, Ishbia Mat sold 449,997 shares of UWM stock. The stock was sold at an average price of $4.66, for a total transaction of $2,096,986.02.
• On Tuesday, December 23rd, Ishbia Mat sold 402,483 shares of UWM stock. The stock was sold at an average price of $4.70, for a total value of $1,891,670.10.
• On Friday, December 12th, Ishbia Mat sold 612,287 shares of UWM stock. The shares were sold at an average price of $5.47, for a total value of $3,349,209.89.
• On Wednesday, December 10th, Ishbia Mat sold 612,287 shares of UWM stock. The stock was sold at an average price of $5.60, for a total value of $3,428,807.20.
• On Monday, December 8th, Ishbia Mat sold 612,287 shares of UWM stock. The shares were sold at an average price of $5.67, for a total transaction of $3,471,667.29.
• On Friday, December 5th, Ishbia Mat sold 612,287 shares of UWM stock. The stock was sold at an average price of $5.78, for a total transaction of $3,539,018.86.
• On Wednesday, December 3rd, Ishbia Mat sold 612,287 shares of UWM stock. The stock was sold at an average price of $5.71, for a total transaction of $3,496,158.77.
• On Monday, December 1st, Ishbia Mat sold 612,287 shares of UWM stock. The shares were sold at an average price of $5.80, for a total transaction of $3,551,264.60.
• On Friday, November 28th, Ishbia Mat sold 437,073 shares of UWM stock. The stock was sold at an average price of $5.85, for a total value of $2,556,877.05.

UWM Stock Performance

UWMC stock opened at $4.44 on Wednesday. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a 50-day moving average price of $5.34 and a two-hundred day moving average price of $5.22. UWM Holdings Corporation has a 12-month low of $3.80 and a 12-month high of $7.14.

UWM (NYSE:UWMC) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06). The firm had revenue of $151.14 million during the quarter, compared to analyst estimates of $651.51 million. UWM had a net margin of 0.61% and a negative return on equity of 6.81%. Sell-side analysts expect that UWM Holdings Corporation will post 0.2 EPS for the current fiscal year.

UWM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 18th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 9.0%. The ex-dividend date is Thursday, December 18th.

Institutional Trading of UWM

A number of hedge funds and other institutional investors have recently modified their holdings of UWMC. Hsbc Holdings PLC bought a new stake in shares of UWM in the 2nd quarter valued at approximately $792,000. Oak Thistle LLC acquired a new position in UWM in the third quarter worth $1,337,000. AGF Management Ltd. bought a new stake in UWM during the second quarter valued at $3,072,000. 683 Capital Management LLC acquired a new stake in shares of UWM during the second quarter worth $19,872,000. Finally, Capital Fund Management S.A. lifted its position in shares of UWM by 260.9% in the 2nd quarter. Capital Fund Management S.A. now owns 573,583 shares of the company’s stock worth $2,375,000 after buying an additional 414,667 shares during the last quarter. 53.59% of the stock is owned by hedge funds and other institutional investors.

UWM News Summary

Here are the key news stories impacting UWM this week:

• Positive Sentiment: UWM declared a quarterly dividend of $0.10 per share (annualized ~$0.40), implying a roughly 9% yield — this can attract income-focused buyers and provide short-term support ahead of the Jan. 8 payment.
• Positive Sentiment: Major institutional holders continue to own a meaningful share of the float (institutions reportedly own ~53.6%), which can help sustain liquidity and reduce the likelihood of purely retail-driven volatility.
• Neutral Sentiment: Analyst coverage is mixed (Buy to Sell), with a consensus near ~$6.56; that sets a mid-term valuation context but is not an immediate catalyst.
• Negative Sentiment: CEO Ishbia Mat executed multiple large sales throughout December (lots sized in the hundreds of thousands of shares), materially reducing her ownership and adding near-term selling pressure and governance concerns for some investors. Read More.
• Negative Sentiment: UWM disclosed that NYSE-listed warrants face potential delisting action, introducing market-structure uncertainty that can weigh on sentiment for both derivatives and equity holders until resolved. Read More.
• Negative Sentiment: Recent quarterly results showed a significant revenue miss versus expectations (and a near-breakeven EPS), which keeps fundamental pressure on the stock until topline and margin trends improve.

Wall Street Analyst Weigh In

UWMC has been the subject of a number of research reports. Morgan Stanley set a $6.00 price target on shares of UWM in a research report on Tuesday, December 16th. Jefferies Financial Group initiated coverage on UWM in a research note on Friday, December 19th. They set a “hold” rating and a $5.00 price objective on the stock. Keefe, Bruyette & Woods increased their target price on UWM from $6.50 to $6.75 and gave the company a “market perform” rating in a research note on Thursday, December 18th. BTIG Research reiterated a “buy” rating and set a $10.00 target price on shares of UWM in a report on Monday, September 22nd. Finally, Wall Street Zen cut UWM from a “hold” rating to a “strong sell” rating in a report on Saturday, November 15th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $6.56.

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.