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

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the firm’s 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 sale, the insider owned 402,196 shares in the company, valued at $19,836,306.72. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Price Performance

Shares of NYSE:UHAL.B traded down $11.73 during midday trading on Wednesday, reaching $48.52. The company’s stock had a trading volume of 221,147 shares, compared to its average volume of 414,755. U-Haul Holding has a 1 year low of $39.62 and a 1 year high of $60.14. The business has a 50 day moving average price of $55.28 and a 200 day moving average price of $52.57.

About U-Haul

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.