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 company’s stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $49.67, for a total value of $1,142,410.00. Following the completion of the sale, the insider directly owned 126,196 shares in the company, valued at approximately $6,268,155.32. The trade was a 15.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

U-Haul Price Performance

UHAL.B stock traded down $11.65 on Friday, reaching $48.60. The company had a trading volume of 221,147 shares, compared to its average volume of 414,755. The company’s fifty day moving average is $52.43 and its 200 day moving average is $52.54. U-Haul Holding has a 1 year low of $39.62 and a 1 year high of $60.14.

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.