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

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the company’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 sale, the insider directly owned 356,196 shares of the company’s stock, valued at $17,247,010.32. The trade was a 6.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

U-Haul Trading Down 16.0%

NYSE UHAL.B opened at $50.61 on Friday. The business’s fifty day simple moving average is $54.43 and its 200-day simple moving average is $52.59. U-Haul Holding has a 52 week low of $39.62 and a 52 week high of $60.14.

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.