U-Haul (NYSE:UHAL.B) Stock: Insider Mark Shoen Sells 23,000 Shares

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was 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 approximately $9,818,358.80. The trade was a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

U-Haul Price Performance

Shares of UHAL.B stock opened at $50.08 on Wednesday. The stock has a 50 day moving average price of $53.03 and a 200 day moving average price of $52.59. U-Haul Holding has a 52-week low of $39.62 and a 52-week high of $60.14.

U-Haul Company Profile

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.