Key Points
- Ishbia Mat, CEO of UWM, sold 632,874 shares on Jan. 26 at an average price of $5.75 (~$3.64M) and has repeatedly sold the same-sized blocks across January and late December; after the Jan. 26 sale he owned 3,421,013 shares, a 15.61% decrease in his stake.
- UWM trades near $5.77 (1‑year range $3.80–$7.14); the company recently missed quarterly EPS and revenue estimates, pays a $0.10 quarterly dividend (annualized $0.40, ~6.9% yield), and has a MarketBeat consensus rating of "Hold" with a $6.53 target.
UWM Holdings Corporation (NYSE:UWMC - Get Free Report) CEO Ishbia Mat sold 632,874 shares of the company's stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $5.75, for a total value of $3,639,025.50. Following the completion of the sale, the chief executive officer owned 3,421,013 shares in the company, valued at approximately $19,670,824.75. This represents a 15.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Ishbia Mat also recently made the following trade(s):
- On Thursday, January 22nd, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $5.87, for a total value of $3,714,970.38.
- On Tuesday, January 20th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $5.82, for a total value of $3,683,326.68.
- On Friday, January 16th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $6.04, for a total value of $3,822,558.96.
- On Wednesday, January 14th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $5.46, for a total value of $3,455,492.04.
- On Monday, January 12th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $5.35, for a total value of $3,385,875.90.
- On Friday, January 9th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $5.27, for a total transaction of $3,335,245.98.
- On Wednesday, January 7th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.70, for a total transaction of $2,974,507.80.
- On Monday, January 5th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.43, for a total transaction of $2,803,631.82.
- On Friday, January 2nd, 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 31st, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.37, for a total transaction of $2,765,659.38.
UWM Stock Performance
NYSE:UWMC opened at $5.77 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 2.40. UWM Holdings Corporation has a 1 year low of $3.80 and a 1 year high of $7.14. The firm has a 50 day moving average of $5.24 and a 200-day moving average of $5.37.
UWM (NYSE:UWMC - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.06). The business had revenue of $151.14 million for 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%. Equities research analysts expect that UWM Holdings Corporation will post 0.2 earnings per share for the current fiscal year.
UWM Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 18th were given a dividend of $0.10 per share. The ex-dividend date was Thursday, December 18th. This represents a $0.40 annualized dividend and a yield of 6.9%.
Analyst Ratings Changes
A number of equities analysts have weighed in on UWMC shares. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of UWM in a research note on Wednesday, October 8th. Morgan Stanley set a $6.00 price target on shares of UWM in a report on Tuesday, December 16th. The Goldman Sachs Group set a $5.00 price objective on UWM in a report on Tuesday, January 6th. Wall Street Zen lowered UWM from a "hold" rating to a "strong sell" rating in a research report on Saturday, November 15th. Finally, Zacks Research upgraded UWM from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 7th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $6.53.
Read Our Latest Stock Report on UWM
Institutional Trading of UWM
Several institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP lifted its stake in shares of UWM by 5,681.9% in the 3rd quarter. Allworth Financial LP now owns 4,163 shares of the company's stock valued at $25,000 after purchasing an additional 4,091 shares during the period. GAMMA Investing LLC increased its holdings in UWM by 408.7% in the third quarter. GAMMA Investing LLC now owns 5,407 shares of the company's stock valued at $33,000 after purchasing an additional 4,344 shares during the last quarter. Advisory Services Network LLC acquired a new position in UWM in the third quarter valued at about $38,000. Raymond James Financial Inc. bought a new position in UWM during the second quarter worth about $35,000. Finally, Farther Finance Advisors LLC grew 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 worth $38,000 after buying an additional 8,027 shares during the period. Institutional investors own 53.59% of the company's stock.
UWM Company Profile
(
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.
Further Reading

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