U-Haul (NYSE:UHAL.B) Major Shareholder Mark Shoen Sells 23,000 Shares of Company Stock

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the stock in a transaction on Friday, November 6th. The shares were sold at an average price of $50.30, for a total value of $1,156,900.00. Following the sale, the insider owned 195,196 shares in the company, valued at $9,818,358.80. The trade was a 10.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 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 Trading Down 17.0%

UHAL.B stock traded down $10.23 during mid-day trading on Monday, reaching $50.02. 221,147 shares of the stock traded hands, compared to its average volume of 414,755. U-Haul Holding has a one year low of $39.62 and a one year high of $60.14. The business has a 50-day moving average price of $53.44 and a two-hundred day moving average price of $52.62.

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.

Founded in 1945 by Leonard Shoen, U-Haul serves customers in the United States and Canada.