ReElement Technologies stock soars after securing $1.4B government deal
Mat Ishbia, President and CEO of UWM Holdings Corp (NASDAQ:UWMC), and SFS Holding Corp, a ten percent owner, sold a combined total of 1,192,712 shares of Class A Common Stock for approximately $6.5 million. The $8.9 billion mortgage lender, currently trading near InvestingPro’s Fair Value estimate, offers investors a substantial 7.41% dividend yield.
The sales occurred in two separate transactions. On October 17, 2025, 596,356 shares were sold at a weighted average price of $5.37, with prices ranging from $5.26 to $5.41. On October 20, 2025, another 596,356 shares were sold at a weighted average price of $5.56, with prices ranging from $5.39 to $5.64. Given UWMC’s high beta of 1.83 and elevated P/E ratio of 84.2, InvestingPro subscribers can access comprehensive insider trading analysis and 12 additional ProTips for deeper insights.
Following these transactions, Ishbia directly holds 279,989 shares. SFS Holding Corp directly holds 5,992,528 shares. Ishbia also indirectly holds shares through SFS Corp.
In addition, Ishbia directly holds 180,737 Restricted Stock Units that convert to Class A Common Stock on a one-for-one basis, which vest on March 1, 2026.
In other recent news, UWM Holdings Corporation reported impressive second-quarter earnings for 2025, significantly surpassing analyst expectations. The company announced an earnings per share of $0.16, well above the projected $0.06, and reported revenue of $758.7 million, exceeding the anticipated $636.08 million. Additionally, UWM Holdings has priced a $1 billion senior notes offering at an interest rate of 6.25%, which was increased from a previously announced $600 million. These senior notes, due in 2031, will be guaranteed on a senior unsecured basis by its subsidiary, United Wholesale Mortgage, LLC.
Earlier, UWM Holdings had launched a $600 million senior notes offering through its direct subsidiary, UWM Holdings, LLC. These notes are also guaranteed on a senior unsecured basis and will rank equally with United Wholesale Mortgage’s existing senior unsecured notes. These recent developments provide investors with crucial insights into UWM Holdings’ financial strategies and performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
