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

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $52.51, for a total value of $1,207,730.00. Following the completion of the sale, the insider owned 287,196 shares in the company, valued at approximately $15,080,661.96. The trade was a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing 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 Trading Down 13.5%

UHAL.B traded down $8.11 on Tuesday, hitting $52.14. 221,147 shares of the company were exchanged, compared to its average volume of 414,755. The firm has a 50-day moving average price of $54.20 and a two-hundred day moving average price of $52.60. U-Haul Holding has a twelve month low of $39.62 and a twelve month 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.