Key Points
- Major shareholder Mark Shoen sold 23,000 U-Haul shares at an average price of $50.30, for about $1.16 million. The sale reduced his stake by 10.54%, leaving him with 195,196 shares.
- U-Haul shares opened at $50.02, below their 50-day average of $53.23 and 200-day average of $52.61. The stock’s 52-week range is $39.62 to $60.14.
U-Haul Holding (NYSE:UHAL.B - Get Free Report) major shareholder Mark Shoen sold 23,000 shares of the company's stock in a transaction on Friday, November 6th. The shares were sold at an average price of $50.30, for a total value of $1,156,900.00. Following the completion of the sale, the insider owned 195,196 shares in the company, valued at $9,818,358.80. This trade represents a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 17.0%
U-Haul stock opened at $50.02 on Tuesday. The stock has a fifty day moving average price of $53.23 and a two-hundred day moving average price of $52.61. U-Haul Holding has a 52-week low of $39.62 and a 52-week high of $60.14.
About U-Haul
(
Get Free Report)
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.
Founded in 1945 by Leonard Shoen, U-Haul serves customers in the United States and Canada.
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