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

U-Haul Holding (NASDAQ:UHAL) major shareholder Mark V. Shoen sold 12,500 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $65.03, for a total value of $812,875.00. Following the completion of the transaction, the insider now directly owns 654,711 shares of the company’s stock, valued at approximately $42,575,856.33. This trade represents a 1.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Price Performance

NASDAQ UHAL opened at $68.95 on Friday. U-Haul Holding has a 52 week low of $59.70 and a 52 week high of $79.04. The firm has a market capitalization of $13.52 billion, a P/E ratio of 31.92 and a beta of 1.09. 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 company has a 50-day moving average price of $71.06 and a 200-day moving average price of $71.91.

Institutional Investors Weigh In On U-Haul

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Motley Fool Asset Management LLC purchased a new stake in U-Haul in the 3rd quarter worth approximately $201,000. Aster Capital Management DIFC Ltd increased its holdings in U-Haul by 5.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,990 shares of the transportation company’s stock worth $207,000 after acquiring an additional 142 shares in the last quarter. Optas LLC purchased a new stake in U-Haul in the 4th quarter worth approximately $219,000. Versor Investments LP bought a new position in U-Haul in the 4th quarter worth approximately $221,000. Finally, Legacy Capital Group California Inc. boosted its stake in U-Haul by 7.5% in the 4th quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company’s stock worth $234,000 after purchasing an additional 237 shares during the period. Hedge funds and other 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.