Matthew T.  Moroun net worth and biography

Matthew Moroun Biography and Net Worth

Director of Universal Logistics
Matthew T. Moroun has served as a director and as the Chairman of our Board of Directors since 2004 and is a member of our Executive Committee and Compensation and Stock Option Committee. Mr. Moroun has served as Vice Chairman and as a director of CenTra, Inc., a holding company based in Warren, Michigan, since 1993. Mr. Moroun is the principal shareholder and has served as Chairman of Oakland Financial Corporation, an insurance and real estate holding company based in Sterling Heights, Michigan, and its subsidiaries, since 1996. Mr. Moroun is a principal shareholder in other family owned businesses engaged in providing transportation services. Mr. Moroun has served on the Board of P.A.M Transportation Services, Inc. (NASDAQ: PTSI) since 1992 and as Chairman of that Board since 2007. Matthew T. Moroun is the son of Manuel J. Moroun. Mr. Moroun's extensive leadership experience with businesses providing transportation and logistics services brings invaluable perspective and insight to the Board's role of evaluating the Company's business planning and performance.

What is Matthew T. Moroun's net worth?

The estimated net worth of Matthew T. Moroun is at least $437.50 million as of August 1st, 2023. Mr. Moroun owns 11,866,015 shares of Universal Logistics stock worth more than $437,499,973 as of March 29th. This net worth estimate does not reflect any other assets that Mr. Moroun may own. Learn More about Matthew T. Moroun's net worth.

How do I contact Matthew T. Moroun?

The corporate mailing address for Mr. Moroun and other Universal Logistics executives is 12755 EAST NINE MILE ROAD, WARREN MI, 48089. Universal Logistics can also be reached via phone at (586) 920-0100 and via email at [email protected]. Learn More on Matthew T. Moroun's contact information.

Has Matthew T. Moroun been buying or selling shares of Universal Logistics?

Matthew T. Moroun has not been actively trading shares of Universal Logistics during the past quarter. Most recently, on Tuesday, August 1st, Matthew T. Moroun bought 14,303,973 shares of Universal Logistics stock. The stock was acquired at an average cost of $24.62 per share, with a total value of $352,163,815.26. Following the completion of the transaction, the director now directly owns 11,866,015 shares of the company's stock, valued at $292,141,289.30. Learn More on Matthew T. Moroun's trading history.

Are insiders buying or selling shares of Universal Logistics?

In the last twelve months, Universal Logistics insiders bought shares 1 times. They purchased a total of 14,303,973 shares worth more than $352,163,815.26. The most recent insider tranaction occured on August, 1st when Director Matthew T Moroun bought 14,303,973 shares worth more than $352,163,815.26. Insiders at Universal Logistics own 73.4% of the company. Learn More about insider trades at Universal Logistics.

Information on this page was last updated on 8/1/2023.

Matthew T. Moroun Insider Trading History at Universal Logistics

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/1/2023Buy14,303,973$24.62$352,163,815.2611,866,015View SEC Filing Icon  
6/18/2021Buy417,757$21.00$8,772,897.0014,302,736View SEC Filing Icon  
12/10/2020Buy1,471,521$19.45$28,621,083.4512,831,215View SEC Filing Icon  
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Matthew T. Moroun Buying and Selling Activity at Universal Logistics

This chart shows Matthew T Moroun's buying and selling at Universal Logistics by year and by quarter.

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Universal Logistics Company Overview

Universal Logistics logo
Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services. It transports various commodities comprising automotive parts, machinery, building materials, paper, food, consumer goods, furniture, steel, and other metals. The company also provides value-added services for individual customer requirements, including material handling, consolidation, sequencing, sub-assembly, cross-dock, kitting, repacking, warehousing, and returnable container management; and intermodal support services comprising short-to-medium distance delivery of steamship and rail truck containers between the port or railhead, and the customer. It serves automotive, steel, and other metals, retail and consumer goods, energy, and manufacturing industries, as well as other transportation companies who aggregate loads from various shippers. The company was formerly known as Universal Truckload Services, Inc. and changed its name to Universal Logistics Holdings, Inc. in April 2016. Universal Logistics Holdings, Inc. was founded in 1932 and is headquartered in Warren, Michigan.
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Today's Range

Now: $36.87
Low: $36.87
High: $37.89

50 Day Range

MA: $33.04
Low: $29.65
High: $37.60

2 Week Range

Now: $36.87
Low: $20.85
High: $38.50

Volume

28,581 shs

Average Volume

34,606 shs

Market Capitalization

$970.05 million

P/E Ratio

10.42

Dividend Yield

1.13%

Beta

1.07