UWM Holdings CEO Mat Ishbia, SFS holding sell $5m in shares

Published 26/06/2025, 22:36
UWM Holdings CEO Mat Ishbia, SFS holding sell $5m in shares

UWM Holdings Corp (NYSE:UWMC) CEO Mat Ishbia and SFS Holding Corp sold a combined total of 1,200,108 shares of Class A Common Stock in three separate transactions, netting approximately $5,016,451. The sales come as the company, currently valued at $6.6 billion, has seen its stock decline over 26% in the past six months. According to InvestingPro analysis, the company maintains a significant 9.66% dividend yield despite recent market challenges.

According to a Form 4 filing with the Securities and Exchange Commission, the sales occurred between June 24 and June 26, 2025. The prices for the shares ranged from $4.14 to $4.25.

Specifically, on June 24, 400,036 shares were sold at an average price of $4.25. On June 25, another 400,036 shares were sold at an average price of $4.14. The final transaction on June 26 involved the sale of 400,036 shares at an average price of $4.15.

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. directly holds 1,699,748 shares of Class A Common Stock.

The filing also noted that Mat Ishbia directly holds 279,989 shares of Class A Common Stock. Additionally, he holds 180,737 Restricted Stock Units that convert to Class A Common Stock on a one-for-one basis, vesting on March 1, 2026. For deeper insights into UWMC’s valuation and comprehensive analysis, including 10+ additional ProTips and detailed financial metrics, visit InvestingPro.

In other recent news, UWM Holdings Corporation reported first-quarter earnings that fell short of analyst expectations. The company posted a net loss of $247 million, or -$0.12 per share, missing the consensus estimate of $0.05 per share. However, revenue for the quarter ended March 31, 2025, exceeded expectations, reaching $613.37 million against the anticipated $545.77 million, marking a 4.8% increase year-over-year. UWM’s loan origination volume was $32.4 billion, showing a 17% increase from the previous year but a 16% decrease from the previous quarter. Purchase originations were relatively stable at $21.7 billion compared to $22.1 billion in the same quarter of the previous year. The company’s gain margin declined to 94 basis points from 108 basis points a year ago. Total (EPA:TTEF) equity dropped to $1.6 billion as of March 31, 2025, from $2.1 billion at the end of 2024. UWM Holdings declared a cash dividend of $0.10 per share, payable on July 10, 2025, to stockholders of record as of June 18, 2025. Looking forward, UWM anticipates second-quarter production to be between $38 billion and $45 billion, with a gain margin ranging from 90 to 115 basis points.

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