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 stock in a transaction on Friday, October 30th. The stock was sold at an average price of $50.11, for a total value of $1,152,530.00. Following the completion of the transaction, the insider owned 310,196 shares of the company’s stock, valued at $15,543,921.56. The trade was a 6.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

U-Haul Price Performance

Shares of NYSE UHAL.B traded down $8.11 during trading on Tuesday, hitting $52.14. 221,147 shares of the company were exchanged, compared to its average volume of 414,755. The firm’s fifty day moving average price is $54.20 and its 200 day moving average price is $52.60. 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, 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.