Mark V. Shoen Sells 12,500 Shares of U-Haul Holding (NASDAQ:UHAL) Stock

U-Haul Holding (NASDAQ:UHAL) major shareholder Mark V. Shoen sold 12,500 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $65.03, for a total transaction of $812,875.00. Following the completion of the sale, the insider now directly owns 654,711 shares of the company’s stock, valued at approximately $42,575,856.33. The trade was a 1.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

U-Haul Stock Down 0.4 %

Shares of NASDAQ UHAL opened at $68.95 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83. The company has a market cap of $13.52 billion, a P/E ratio of 31.92 and a beta of 1.09. U-Haul Holding has a 1 year low of $59.70 and a 1 year high of $79.04. The firm has a 50-day simple moving average of $71.06 and a two-hundred day simple moving average of $71.94.

Institutional Trading of U-Haul

Institutional investors have recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC bought a new stake in shares of U-Haul during the third quarter valued at approximately $17,358,000. Old West Investment Management LLC raised its stake in shares of U-Haul by 11.7% during the third quarter. Old West Investment Management LLC now owns 125,947 shares of the transportation company’s stock valued at $9,758,000 after acquiring an additional 13,143 shares in the last quarter. Verition Fund Management LLC raised its stake in shares of U-Haul by 93.6% during the third quarter. Verition Fund Management LLC now owns 8,371 shares of the transportation company’s stock valued at $649,000 after acquiring an additional 4,047 shares in the last quarter. Intellectus Partners LLC raised its stake in shares of U-Haul by 5.4% during the third quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company’s stock valued at $414,000 after acquiring an additional 275 shares in the last quarter. Finally, Asset Planning Inc bought a new stake in shares of U-Haul during the fourth quarter valued at approximately $491,000. Institutional investors own 3.63% of the company’s stock.

About U-Haul

U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.