Does UWM Holdings Corporation (UWMC) Have Insiders Buying Shares?

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At the last check on Friday, UWM Holdings Corporation’s (NYSE:UWMC) stock was up $0.01, moving up 0.12 percent to $4.28. The average number of shares traded per day over the past five days has been 693,607 shares. 3 times new highs have been achieved over the past 5 days, with a $0.23 gain in that time frame. In the last twenty days, the average volume was 1,346,057, while in the previous 50 days, it was 1,210,969.

Since last month, UWMC stock rose 39.54%. Shares of the company fell to $3.00 on 10/28/22, the lowest level in the past month. A 52-week high of $7.16 was reached on 01/04/22 after having rallying from a 52-week low of $2.84. Since the beginning of this year, UWMC’s stock price has dropped by -27.87% or -$1.62, and marked a new high 2 times. However, the stock has declined by -40.29% since its 52-week high.


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UWMC stock investors should be aware that UWM Holdings Corporation (UWMC) stock had its last reported insider trading activity 4 days ago on Nov 21. Czubak Kelly, the Director of the company, purchased of 2,439 shares for $4.09 on Nov 21. It resulted in a $9,988 investment by the insider. Elezaj Alex added 277,778 shares at an average price of $3.64 on May 12. The insider now owns 280,658 shares following the transaction. On Feb 02, SVP, CAO Hubacker Andrew sold 355 shares at $4.81 apiece. The transaction was valued at $1,708.

Valuation Metrics

Right now, UWM Holdings Corporation (UWMC) has a P/E ratio of about 7.81. Besides these, the trailing price-to-sales (P/S) ratio of 2.85, the price-to-book (PB) ratio of 2.77, and the price-to-cash flow ratio of 1.49 may also be considered.

The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 47.45, and the total debt-to-equity ratio was 48.26. On the profitability front, the trailing twelve-month gross margin is 88.90% percent. In the year ended June 29, operating margins totaled 51.30%. Based on annual data, UWMC earned $2.79 billion in gross profit and brought in $2.97 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.50%. Return on equity (ROE) for the past 12 months was 41.90%.

In UWM Holdings Corporation’s quarter-end financial report for June 29, it reported total debt of $114.88 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. UWMC’s revenue fell -0.9% to $564.23 million during the quarter, while net income inched up to $684.17 million. While analysts expected UWM Holdings Corporation to report $0.06 quarterly earnings, the actual figure was $0.1 per share, beating the consensus estimate by 66.70%. During the quarter, the company generated $422.67 million in EBITDA. The liabilities of UWM Holdings Corporation were 8.5 billion at the end of its most recent quarter ended June 29, and its total debt was $6.78 billion. The value of shareholders’ equity is $1.59 billion.

Technical Picture

This quick technical analysis looks at UWM Holdings Corporation’s (UWMC) price momentum. With a historical volatility rate of 34.52%, the RSI 9-day stood at 72.42% on 23 November.

With respect to its five-day moving average, the current UWM Holdings Corporation price is up by +5.64% percent or $0.23. At present, UWMC shares trade +42.36% above its 20-day simple moving average and +17.15% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.26% above its SMA50 and -5.92% below its SMA200.

Stochastic coefficient K was 92.34% and Stochastic coefficient D was 87.89%, while ATR was 0.20. Given the Stochastic reading of 91.97% for the 14-day period, the RSI (14) reading has been calculated as 68.69%. As of today, the MACD Oscillator reading stands at 0.07, while the 14-day reading stands at 0.12.

Analyst Ratings

UWM Holdings Corporation downgraded its rating on UWM Holdings Corporation (NYSE: UWMC) to an Underperform in a note to investors on August 10, 2022. The analysts firm previously had a Neutral rating on the stock.UWM Holdings Corporation (UWMC) has been rated Hold by analysts. According to 2 brokerage firms, UWMC is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate UWM Holdings Corporation stock as buy, with 1 recommending it as overweight.

With a median target price of $3.50, the current consensus forecast for the stock is $2.50 – $5.00. Based on these forecasts, analysts predict UWM Holdings Corporation (UWMC) will achieve an average price target of $3.63.

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