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 company’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 value of $823,250.00. Following the completion of the transaction, the insider now owns 667,500 shares of the company’s stock, valued at approximately $43,961,550. This represents a 1.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Trading Up 1.0 %

UHAL opened at $71.72 on Wednesday. The firm’s 50 day moving average is $71.02 and its 200-day moving average is $71.93. U-Haul Holding has a 52-week low of $59.70 and a 52-week high of $79.04. The company has a quick ratio of 1.83, a current ratio of 2.03 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $14.06 billion, a P/E ratio of 33.20 and a beta of 1.09.

Institutional Investors Weigh In On U-Haul

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC acquired a new stake in shares of U-Haul during the third quarter valued at about $17,358,000. Two Sigma Advisers LP boosted its holdings in U-Haul by 263.6% in the fourth quarter. Two Sigma Advisers LP now owns 117,800 shares of the transportation company’s stock valued at $8,139,000 after purchasing an additional 85,400 shares during the last quarter. Two Sigma Investments LP grew its stake in U-Haul by 149.8% during the 4th quarter. Two Sigma Investments LP now owns 112,976 shares of the transportation company’s stock valued at $7,806,000 after purchasing an additional 67,757 shares in the last quarter. Parkwood LLC increased its holdings in U-Haul by 31.2% during the 4th quarter. Parkwood LLC now owns 130,744 shares of the transportation company’s stock worth $9,033,000 after purchasing an additional 31,085 shares during the last quarter. Finally, Gabelli Funds LLC raised its position in shares of U-Haul by 337.1% in the 4th quarter. Gabelli Funds LLC now owns 30,600 shares of the transportation company’s stock valued at $2,114,000 after purchasing an additional 23,600 shares in the last quarter. Hedge funds and other institutional investors own 3.63% of the company’s stock.

U-Haul Company Profile

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.