U-Haul (NYSE:UHAL.B) Major Shareholder Sells $1,134,360.00 in Stock

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the stock in a transaction on Monday, October 26th. The stock was sold at an average price of $49.32, for a total value of $1,134,360.00. Following the completion of the transaction, the insider directly owned 402,196 shares in the company, valued at $19,836,306.72. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

U-Haul Price Performance

U-Haul stock traded down $11.73 during midday trading on Wednesday, reaching $48.52. The stock had a trading volume of 221,147 shares, compared to its average volume of 414,755. U-Haul Holding has a twelve month low of $39.62 and a twelve month high of $60.14. The stock’s 50-day simple moving average is $55.28 and its 200 day simple moving average is $52.57.

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.