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UWM Holdings Corp (NYSE:UWMC) CEO Mat Ishbia and SFS Holding Corp sold a combined total of 800,072 shares of Class A Common Stock for approximately $3.34 million, according to recent SEC filings. The stock, which currently trades at $4.23 and offers a substantial 9.64% dividend yield, has experienced significant volatility this year, declining over 25% in the past six months.
The sales occurred in two tranches. On July 11, 2025, 400,036 shares were sold at a weighted average price of $4.14, with prices ranging from $4.07 to $4.19. Then, on July 14, 2025, another 400,036 shares were sold at a weighted average price of $4.22, with prices ranging from $4.15 to $4.27.
These sales were executed under a pre-arranged 10b5-1 trading plan adopted by SFS Corp on March 17, 2025. Following these transactions, SFS Holding Corp. indirectly held 1,499,352 shares.
Mat Ishbia also directly holds 279,989 shares of Class A Common Stock. In addition, he 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. The company’s stock currently trades within its 52-week range of $3.79 to $9.74, with a market capitalization of approximately $6.8 billion.
In other recent news, UWM Holdings Corporation reported first-quarter earnings that missed analyst expectations, posting a net loss of $247 million or -$0.12 per share. This result fell short of the consensus estimate of $0.05 per share. However, revenue for the quarter came in at $613.37 million, surpassing expectations of $545.77 million and marking a 4.8% increase from the previous year. The company’s loan origination volume reached $32.4 billion, reflecting a 17% year-over-year increase, though it was down 16% from the previous quarter. Purchase originations were relatively stable at $21.7 billion compared to the same period last year.
Additionally, Barclays (LON:BARC) recently upgraded UWM Holdings from Equalweight to Overweight, citing continued growth in the broker channel as a driver for market share gains. Barclays maintains a price target of $6.00, highlighting the company’s long-term potential in the mortgage space. The firm also anticipates that expense growth will moderate in the latter half of the year as UWM concludes some investment initiatives. Furthermore, UWM has declared a cash dividend of $0.10 per share, payable on July 10, 2025, to stockholders of record as of June 18, 2025.
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