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 that occurred on Thursday, February 20th. The stock was sold at an average price of $65.86, for a total transaction of $823,250.00. Following the sale, the insider now owns 667,500 shares in the company, valued at $43,961,550. This trade represents a 1.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Stock Down 0.8 %

UHAL stock traded down $0.54 during mid-day trading on Monday, hitting $71.06. 49,319 shares of the company were exchanged, compared to its average volume of 103,192. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.83 and a current ratio of 2.03. The firm has a market cap of $13.93 billion, a P/E ratio of 32.90 and a beta of 1.09. The firm’s 50 day simple moving average is $71.03 and its 200 day simple moving average is $71.90. U-Haul Holding has a 1-year low of $59.70 and a 1-year high of $79.04.

Institutional Trading of U-Haul

Hedge funds and other institutional investors have recently made changes to their positions in the business. Motley Fool Asset Management LLC acquired a new stake in shares of U-Haul in the third quarter valued at approximately $201,000. Aster Capital Management DIFC Ltd raised its holdings in shares of U-Haul by 5.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,990 shares of the transportation company’s stock valued at $207,000 after purchasing an additional 142 shares during the last quarter. Optas LLC acquired a new stake in shares of U-Haul in the fourth quarter valued at approximately $219,000. Versor Investments LP acquired a new stake in shares of U-Haul in the fourth quarter valued at approximately $221,000. Finally, Legacy Capital Group California Inc. raised its holdings in shares of U-Haul by 7.5% in the fourth quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company’s stock valued at $234,000 after purchasing an additional 237 shares during the last quarter. 3.63% of the stock is currently owned by institutional investors and hedge funds.

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.