Key Points
- CEO Mat Ishbia executed multiple large sales under a pre-arranged Rule 10b5-1 plan — including 934,061 shares on April 30 for $3.30M — and his transactions in late April–early May reduced his stake by about 28% to 2,397,672 shares.
- Shares are under pressure amid insider selling and deal uncertainty after Two Harbors rejected UWM’s revised $12-per-share offer, contributing to a roughly 3% drop in the stock.
- Fundamentals are mixed: UWM missed EPS expectations last quarter ($0.08 vs. $0.09) despite a revenue beat, and it pays a high 11.3% dividend
UWM Holdings Corporation (NYSE:UWMC - Get Free Report) CEO Ishbia Mat sold 934,061 shares of the firm's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $3.53, for a total transaction of $3,297,235.33. Following the transaction, the chief executive officer directly owned 2,397,672 shares in the company, valued at approximately $8,463,782.16. The trade was a 28.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ishbia Mat also recently made the following trade(s):
- 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 value of $3,752,152.50.
- On Wednesday, April 22nd, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was sold at an average price of $3.70, for a total value of $3,702,123.80.
- On Monday, April 20th, Ishbia Mat sold 1,000,574 shares of UWM stock. The stock was 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.
- On Wednesday, April 15th, Ishbia Mat sold 1,000,574 shares of UWM stock. The shares were sold at an average price of $3.78, for a total value of $3,782,169.72.
UWM Stock Down 3.0%
UWMC opened at $3.55 on Tuesday. The business has a 50 day moving average price of $3.84 and a 200 day moving average price of $4.77. UWM Holdings Corporation has a twelve month low of $3.38 and a twelve month high of $7.14. 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 firm has a market cap of $5.68 billion, a P/E ratio of 59.18 and a beta of 1.78.
UWM (NYSE:UWMC - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.08 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $759.12 million. Research analysts forecast that UWM Holdings Corporation will post 0.41 EPS for the current year.
UWM Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were paid a $0.10 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.40 dividend on an annualized basis and a yield of 11.3%. UWM's dividend payout ratio (DPR) is presently 666.67%.
UWM News Summary
Here are the key news stories impacting UWM this week:
- Positive Sentiment: UWM pushed back publicly against Two Harbors’ characterization of its revised $12.00-per-share acquisition proposal, arguing the board’s math understates UWMC’s offer and value — this is management defending upside and keeping the possibility of a higher transaction price alive. UWMC Responds to TWO Board
- Neutral Sentiment: UWM will report quarterly results on Wednesday — earnings and guidance could drive short-term volatility given recent mixed performance (last quarter: EPS $0.08 vs. $0.09 expected; revenue beat). Investors should watch margins, mortgage volume, and any commentary on M&A or share count. UWM to Release Earnings
- Neutral Sentiment: Recent analyst/press coverage is revisiting UWMC’s valuation after a run-up in the stock; pieces highlight mixed return signals and sensitivity to deal outcomes and mortgage market cycles — useful for framing upside vs. downside scenarios. Valuation Assessment
- Negative Sentiment: Two Harbors’ board formally rejected UWM’s revised $12.00 offer and reaffirmed support for its $11.30-per-share transaction with CrossCountry, reducing the probability of a friendly acceptance of UWM’s higher bid and creating deal execution risk. That rejection is a headwind for any immediate stock re-rating tied to a successful buyout. Two Harbors board rejects UWM offer
- Negative Sentiment: CEO Mat Ishbia executed multiple large sales under a pre-arranged Rule 10b5‑1 plan (totaling ~2.94M+ shares across Apr 30–May 4), materially reducing his ownership and likely adding downward pressure on the stock due to perceived insider liquidity and dilution concerns. SEC filing: SEC Form 4
Analysts Set New Price Targets
A number of research analysts have weighed in on UWMC shares. Jefferies Financial Group set a $4.40 target price on shares of UWM in a research report on Wednesday, February 25th. Compass Point started coverage on UWM in a research note on Tuesday, March 10th. They issued a "buy" rating and a $8.50 price objective on the stock. BTIG Research restated a "buy" rating and set a $10.00 target price on shares of UWM in a research note on Tuesday, March 10th. The Goldman Sachs Group set a $5.00 price target on UWM in a research report on Tuesday, January 6th. Finally, Weiss Ratings lowered UWM from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, March 27th. 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 company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $5.99.
Get Our Latest Report on UWMC
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Brandes Investment Partners LP acquired a new position in shares of UWM during the fourth quarter valued at about $45,867,000. Azora Capital LP grew its position in UWM by 230.8% during the fourth quarter. Azora Capital LP now owns 11,296,053 shares of the company's stock worth $49,477,000 after buying an additional 7,881,586 shares in the last quarter. Integrated Investment Consultants LLC acquired a new stake in UWM during the third quarter worth about $32,630,000. Renaissance Technologies LLC bought a new position in UWM during the fourth quarter valued at about $21,580,000. Finally, First Trust Advisors LP bought a new position in UWM during the fourth quarter valued at about $19,303,000. Institutional investors own 53.59% of the company's stock.
About UWM
(
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.
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