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 business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $50.10, for a total transaction of $1,152,300.00. Following the sale, the insider owned 172,196 shares in the company, valued at approximately $8,627,019.60. This trade represents a 11.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Stock Down 19.3%

NYSE:UHAL.B opened at $48.60 on Friday. The firm’s 50-day moving average price is $52.43 and its 200-day moving average price is $52.54. 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, 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.