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 company’s stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $49.67, for a total transaction of $1,142,410.00. Following the completion of the transaction, the insider owned 126,196 shares in the company, valued at approximately $6,268,155.32. This represents a 15.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Price Performance

Shares of NYSE:UHAL.B traded down $11.65 during midday trading on Friday, hitting $48.60. 221,147 shares of the stock were exchanged, compared to its average volume of 414,755. U-Haul Holding has a 52-week low of $39.62 and a 52-week high of $60.14. The business’s fifty day simple moving average is $52.64 and its two-hundred day simple moving average is $52.56.

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.