U-Haul (NYSE:UHAL.B) Major Shareholder Sells $1,152,300.00 in Stock

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the business’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $50.10, for a total transaction of $1,152,300.00. Following the sale, the insider directly owned 172,196 shares in the company, valued at approximately $8,627,019.60. This represents a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Trading Down 18.2%

Shares of NYSE UHAL.B traded down $10.96 during midday trading on Thursday, reaching $49.29. The company had a trading volume of 221,147 shares, compared to its average volume of 414,755. The business’s 50-day simple moving average is $52.83 and its 200 day simple moving average is $52.58. U-Haul Holding has a 1 year low of $39.62 and a 1 year high of $60.14.

U-Haul Company Profile

U-Haul Holding Company, formerly known as AMERCO, is a North American provider of do-it-yourself moving and storage services. Its U-Haul business rents trucks, trailers and towing equipment, and sells moving supplies and related products. Customers can also use U-Box portable storage containers for moving or storage. The company operates self-storage facilities and offers related services, including vehicle hitch installation and propane sales at some locations. Its network includes company-operated locations and independent dealers.