The Cruz firm — which investigates and prosecutes class-action lawsuits for securities fraud and corporate malfeasance — is seeking information from investors who purchased UWM securities and may have sustained losses. According to analysts, UWM held an 8.5% overall mortgage market share and a 40.5% share of the wholesale channel during the second quarter. Its wholesale share exceeded the combined share of the next 18 wholesale lenders. Analysts covering UWM are changing their target price for the stock. The team cut its price target to $2.75 from $3.75 while maintaining an “outperform” rating.