U-Haul Holding (NYSE:UHAL.B – Get Free Report) major shareholder Mark Shoen sold 23,000 shares of the business’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $50.11, for a total transaction of $1,152,530.00. Following the completion of the sale, the insider owned 310,196 shares in the company, valued at $15,543,921.56. This represents a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
U-Haul Stock Down 13.5%
Shares of NYSE UHAL.B traded down $8.11 on Tuesday, hitting $52.14. The company’s stock had a trading volume of 221,147 shares, compared to its average volume of 414,755. U-Haul Holding has a 12-month low of $39.62 and a 12-month high of $60.14. The stock has a 50 day moving average of $54.20 and a 200-day moving average of $52.60.
U-Haul Company Profile
U-Haul Holding Company, formerly known as AMERCO, operates the U-Haul brand, a provider of do-it-yourself moving and storage services in the United States and Canada. Its offerings are designed for individuals and families relocating, transporting household goods, or requiring short- or long-term storage.
The company’s primary activities include truck, trailer and towing-equipment rentals; self-storage facilities; portable moving and storage containers marketed as U-Box; and the sale of moving supplies such as boxes, packing materials and protective equipment.
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