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 business’s stock in a transaction on Friday, November 6th. The shares were sold at an average price of $50.30, for a total transaction of $1,156,900.00. Following the sale, the insider directly owned 195,196 shares of the company’s stock, valued at $9,818,358.80. This represents a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

U-Haul Trading Down 17.0%

Shares of NYSE UHAL.B traded down $10.23 during mid-day trading on Monday, reaching $50.02. The company had a trading volume of 221,147 shares, compared to its average volume of 414,755. U-Haul Holding has a 52 week low of $39.62 and a 52 week high of $60.14. The business’s 50-day moving average is $53.44 and its 200-day moving average is $52.62.

About U-Haul

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.