Key Points
- Major shareholder Mark Shoen sold 23,000 U-Haul shares at an average price of $48.42, generating approximately $1.11 million. The sale reduced his position by 6.07%, leaving him with 356,196 shares valued at about $17.25 million.
- U-Haul shares opened at $50.61 and were reported as down 16.0%; the stock’s 52-week range is $39.62 to $60.14, with 50-day and 200-day moving averages of $54.43 and $52.59, respectively.
- U-Haul Holding operates moving and storage services under the U-Haul brand, including truck and trailer rentals, self-storage, portable containers, towing equipment, and moving supplies in the U.S. and Canada.
U-Haul Holding (NYSE:UHAL.B - Get Free Report) major shareholder Mark Shoen sold 23,000 shares of U-Haul stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $48.42, for a total transaction of $1,113,660.00. Following the completion of the sale, the insider directly owned 356,196 shares in the company, valued at approximately $17,247,010.32. The trade was a 6.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
U-Haul Trading Down 16.0%
NYSE:UHAL.B opened at $50.61 on Friday. U-Haul Holding has a 1 year low of $39.62 and a 1 year high of $60.14. The stock has a fifty day moving average price of $54.43 and a two-hundred day moving average price of $52.59.
U-Haul Company Profile
(
Get Free Report)
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.
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