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 firm’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $49.32, for a total value of $1,134,360.00. Following the completion of the sale, the insider owned 402,196 shares of the company’s stock, valued at $19,836,306.72. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 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 NYSE:UHAL.B opened at $50.00 on Friday. U-Haul Holding has a 1-year low of $39.62 and a 1-year high of $60.14. The business’s 50 day moving average is $54.69 and its 200-day moving average is $52.59.

U-Haul Company Profile

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.