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

U-Haul Holding (NASDAQ:UHAL - Get Free Report) major shareholder Mark V. Shoen sold 12,500 shares of U-Haul 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 transaction, the insider now owns 667,500 shares of the company's stock, valued at $43,961,550. This represents a 1.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

U-Haul Stock Performance

UHAL stock traded down $0.27 during midday trading on Friday, reaching $68.95. 79,628 shares of the company were exchanged, compared to its average volume of 100,365. U-Haul Holding has a one year low of $59.70 and a one year high of $79.04. The firm has a market capitalization of $13.52 billion, a price-to-earnings ratio of 31.92 and a beta of 1.09. The business has a 50-day moving average price of $71.06 and a two-hundred day moving average price of $71.91. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Motley Fool Asset Management LLC bought a new stake in shares of U-Haul during the third quarter worth approximately $201,000. Aster Capital Management DIFC Ltd increased its stake in shares of U-Haul by 5.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,990 shares of the transportation company's stock worth $207,000 after purchasing an additional 142 shares during the period. Optas LLC acquired a new stake in U-Haul during the 4th quarter worth approximately $219,000. Versor Investments LP bought a new stake in U-Haul in the 4th quarter valued at $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 valued at $234,000 after purchasing an additional 237 shares during the period. Institutional investors and hedge funds own 3.63% of the company's stock.

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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.