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 U-Haul stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $52.51, for a total transaction of $1,207,730.00. Following the transaction, the insider owned 287,196 shares in the company, valued at $15,080,661.96. This represents a 7.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Trading Down 13.5%

NYSE:UHAL.B opened at $52.14 on Wednesday. The business’s 50-day moving average is $53.98 and its 200 day moving average is $52.61. U-Haul Holding has a 12 month low of $39.62 and a 12 month high of $60.14.

About U-Haul

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.