U-Haul (NYSE:UHAL.B) Stock: Insider Mark Shoen Sells 23,000 Shares

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the business’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $48.42, for a total transaction of $1,113,660.00. Following the transaction, the insider directly owned 356,196 shares in the company, valued at $17,247,010.32. This trade represents a 6.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Stock Performance

Shares of UHAL.B traded down $9.64 on Friday, reaching $50.61. 221,147 shares of the stock traded hands, compared to its average volume of 414,755. The stock’s 50-day moving average price is $54.43 and its 200-day moving average price is $52.59. U-Haul Holding has a 12 month low of $39.62 and a 12 month high of $60.14.

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.