Insider Selling: UWM (NYSE:UWMC) CEO Sells $2,335,305.06 in Stock

March 17, 2026 by InsiderTrades.com

Key Points

CEO Mat Ishbia executed large insider sales: He sold 632,874 shares on March 13 for $3.69 each (≈$2.34M) and another 1,000,574 on March 16 at ~$3.70, markedly reducing his stake (the March 13 filing showed a ~21% ownership drop for that transaction).
UWM declared a high-yield dividend: The company set a $0.10 quarterly dividend (annualized $0.40, ~11.0% yield) with an ex-dividend date of March 19, while the dividend payout ratio is an unsustainably high 666.67%.
Deal and sentiment risks persist: Two Harbors adjourned its shareholder meeting, delaying the merger vote and increasing near-term uncertainty, while the stock trades near its 12‑month low and carries a MarketBeat consensus rating of "Hold" (target ~$6.49).

UWM Holdings Corporation (NYSE:UWMC - Get Free Report) CEO Ishbia Mat sold 632,874 shares of the company's stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $3.69, for a total value of $2,335,305.06. Following the completion of the transaction, the chief executive officer owned 2,336,171 shares of the company's stock, valued at $8,620,470.99. The trade was a 21.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

On Monday, March 16th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.70, for a total value of $3,702,123.80.
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 value of $2,474,537.34.
On Monday, March 9th, Ishbia Mat sold 632,874 shares of UWM stock. The stock was sold at an average price of $3.78, for a total value 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 transaction 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 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 shares were 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 stock was sold at an average price of $4.88, for a total transaction 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 transaction of $3,126,397.56.

UWM Stock Performance

UWM stock opened at $3.64 on Tuesday. The firm has a fifty day simple moving average of $4.87 and a two-hundred day simple moving average of $5.33. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.64. UWM Holdings Corporation has a twelve month low of $3.62 and a twelve month high of $7.14. The company has a market capitalization of $5.82 billion, a PE ratio of 60.58 and a beta of 1.90.

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UWM (NYSE:UWMC - Get Free Report) last announced its quarterly earnings data 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 net margin of 0.87% and a negative return on equity of 1.35%. The company had revenue of $945.25 million for the quarter, compared to the consensus estimate of $759.12 million. Research analysts expect that UWM Holdings Corporation will post 0.2 EPS for the current year.

UWM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors 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 11.0%. The ex-dividend date is Thursday, March 19th. UWM's dividend payout ratio (DPR) is presently 666.67%.

Key Stories Impacting UWM

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UWMC. Weiss Ratings raised UWM from a "sell (d)" rating to a "hold (c-)" rating in a research note on Thursday, February 26th. Jefferies Financial Group set a $4.40 target price on shares of UWM in a research note on Wednesday, February 25th. Barclays lowered their price target on shares of UWM from $7.00 to $6.00 and set an "overweight" rating for the company in a report on Thursday, February 26th. Compass Point initiated coverage on shares of UWM in a report on Tuesday, March 10th. They issued a "buy" rating and a $8.50 price target on the stock. Finally, Morgan Stanley set a $6.00 price objective on shares of UWM in a research report on Tuesday, December 16th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $6.49.

Check Out Our Latest Stock Analysis on UWMC

Institutional Inflows and Outflows

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

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.