Insider Selling: UWM (NYSE:UWMC) CEO Sells 632,874 Shares of Stock

March 6, 2026 by InsiderTrades.com

Key Points

Ishbia Mat sold 632,874 shares of UWM on March 5 at an average price of $4.11 for about $2.60M, reducing his stake by 9.35% to 6,133,415 shares, as disclosed in an SEC filing.
The March 5 sale is part of a recurring series of identical large sales across February and March (multiple 632,874-share transactions), signaling sustained insider selling activity.
UWM shares traded at $3.85 and the company announced a quarterly dividend of $0.10 (a 10.4% yield), but the dividend carries a 666.67% payout ratio, which raises questions about sustainability.

UWM Holdings Corporation (NYSE:UWMC - Get Free Report) CEO Ishbia Mat sold 632,874 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $4.11, for a total transaction of $2,601,112.14. Following the completion of the transaction, the chief executive officer directly owned 6,133,415 shares of the company's stock, valued at $25,208,335.65. The trade was a 9.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

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 stock was sold at an average price of $4.03, for a total transaction of $2,550,482.22.
On Monday, February 23rd, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.52, for a total transaction of $2,860,590.48.
On Thursday, February 19th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.77, for a total transaction 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 stock was sold at an average price of $4.94, for a total value of $3,126,397.56.
On Wednesday, February 11th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.66, for a total value of $2,949,192.84.
On Monday, February 9th, Ishbia Mat sold 632,874 shares of UWM stock. The shares were sold at an average price of $4.61, for a total value of $2,917,549.14.
On Friday, February 6th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $4.84, for a total value of $3,063,110.16.
On Wednesday, February 4th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $5.05, for a total value of $3,196,013.70.

UWM Stock Performance

NYSE UWMC traded down $0.18 during trading hours on Friday, reaching $3.85. The stock had a trading volume of 2,550,634 shares, compared to its average volume of 18,944,068. UWM Holdings Corporation has a 52-week low of $3.79 and a 52-week high of $7.14. The stock has a fifty day moving average of $4.95 and a 200 day moving average of $5.42. 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 market cap of $6.16 billion, a P/E ratio of 64.17 and a beta of 1.90.

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UWM (NYSE:UWMC - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.01). UWM had a negative return on equity of 1.35% and a net margin of 0.87%.The business had revenue of $945.25 million for the quarter, compared to analysts' expectations of $759.12 million. Sell-side analysts predict that UWM Holdings Corporation will post 0.2 earnings per share for the current year.

UWM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Thursday, March 19th. UWM's dividend payout ratio (DPR) is currently 666.67%.

Institutional Investors Weigh In On UWM

Several large investors have recently bought and sold shares of UWMC. Dimensional Fund Advisors LP raised its holdings in shares of UWM by 4.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 55,509 shares of the company's stock valued at $243,000 after acquiring an additional 2,329 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of UWM by 4.9% during the fourth quarter. Public Employees Retirement System of Ohio now owns 51,423 shares of the company's stock worth $225,000 after purchasing an additional 2,407 shares in the last quarter. Allworth Financial LP raised its stake in UWM by 62.5% in the 4th quarter. Allworth Financial LP now owns 6,765 shares of the company's stock valued at $30,000 after purchasing an additional 2,602 shares during the last quarter. Choreo LLC lifted its holdings in UWM by 16.1% in the 4th quarter. Choreo LLC now owns 19,017 shares of the company's stock valued at $84,000 after purchasing an additional 2,637 shares in the last quarter. Finally, State of Wyoming boosted its stake in UWM by 24.9% during the 3rd quarter. State of Wyoming now owns 14,552 shares of the company's stock worth $89,000 after purchasing an additional 2,902 shares during the last quarter. 53.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on UWMC shares. Morgan Stanley set a $6.00 price objective on UWM in a report on Tuesday, December 16th. Jefferies Financial Group set a $4.40 price target 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. Zacks Research lowered shares of UWM from a "hold" rating to a "strong sell" rating in a report on Friday, February 27th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of UWM from $6.75 to $6.00 and set a "market perform" rating for the company in a research note on Friday, February 27th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, UWM currently has a consensus rating of "Hold" and a consensus target price of $6.20.

View Our Latest Stock Report on UWM

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.