U-Haul Holding (NASDAQ:UHAL) Major Shareholder Sells $812,875.00 in Stock

U-Haul Holding (NASDAQ:UHAL - Get Free Report) major shareholder Mark V. Shoen sold 12,500 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $65.03, for a total transaction of $812,875.00. Following the sale, the insider now owns 654,711 shares in the company, valued at $42,575,856.33. This trade represents a 1.87 % 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 0.4 %

Shares of NASDAQ:UHAL traded down $0.27 during midday trading on Friday, hitting $68.95. The stock had a trading volume of 79,628 shares, compared to its average volume of 100,365. U-Haul Holding has a 12 month low of $59.70 and a 12 month 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 business's 50-day simple moving average is $71.06 and its 200-day simple moving average is $71.97. The company has a market cap of $13.52 billion, a P/E ratio of 31.92 and a beta of 1.09.

Institutional Trading of U-Haul

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lord Abbett & CO. LLC bought a new stake in U-Haul in the third quarter valued at approximately $17,358,000. Old West Investment Management LLC lifted its stake in U-Haul by 11.7% in 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 buying an additional 13,143 shares during the period. Verition Fund Management LLC lifted its stake in U-Haul by 93.6% in the third quarter. Verition Fund Management LLC now owns 8,371 shares of the transportation company's stock valued at $649,000 after buying an additional 4,047 shares during the period. Intellectus Partners LLC lifted its stake in U-Haul by 5.4% in the third quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company's stock valued at $414,000 after buying an additional 275 shares during the period. Finally, Asset Planning Inc acquired a new position in U-Haul in the fourth quarter valued at approximately $491,000. 3.63% of the stock is currently owned by institutional investors.

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.