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

U-Haul Holding (NASDAQ:UHAL - Get Free Report) major shareholder Mark V. Shoen sold 12,500 shares of U-Haul stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $65.86, for a total value of $823,250.00. Following the sale, the insider now directly owns 667,500 shares in the company, valued at $43,961,550. The trade was a 1.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

U-Haul Trading Down 0.4 %

NASDAQ UHAL traded down $0.27 during trading hours on Friday, reaching $68.95. The company's stock had a trading volume of 79,628 shares, compared to its average volume of 100,365. The firm has a fifty day simple moving average of $71.09 and a 200-day simple moving average of $71.90. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83. U-Haul Holding has a 52 week low of $59.70 and a 52 week high of $79.04. The stock has a market cap of $13.52 billion, a P/E ratio of 31.92 and a beta of 1.09.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Lord Abbett & CO. LLC acquired a new stake in shares of U-Haul in the third quarter valued at about $17,358,000. Two Sigma Advisers LP increased its position in U-Haul by 263.6% during the 4th 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 period. Two Sigma Investments LP raised its holdings 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 worth $7,806,000 after purchasing an additional 67,757 shares during the last quarter. Parkwood LLC raised 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 lifted 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 worth $2,114,000 after purchasing an additional 23,600 shares during the period. 3.63% of the stock is owned by institutional investors.

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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.