U-Haul Holding (NASDAQ:UHAL) Major Shareholder Sells $823,250.00 in Stock

U-Haul Holding (NASDAQ:UHAL) major shareholder Mark V. Shoen sold 12,500 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Stock Performance

UHAL stock opened at $71.72 on Wednesday. U-Haul Holding has a 1 year low of $59.70 and a 1 year high of $79.04. The stock has a market capitalization of $14.06 billion, a price-to-earnings ratio of 33.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.83 and a current ratio of 2.03. The stock’s fifty day moving average is $71.02 and its two-hundred day moving average is $71.93.

Institutional Trading of U-Haul

Hedge funds have recently bought and sold shares of the company. Childress Capital Advisors LLC acquired a new stake in shares of U-Haul in the third quarter valued at approximately $387,000. Lodestone Wealth Management LLC increased its position in U-Haul by 5.6% in the 3rd quarter. Lodestone Wealth Management LLC now owns 4,407 shares of the transportation company’s stock valued at $341,000 after acquiring an additional 233 shares during the period. Old West Investment Management LLC raised its stake in U-Haul by 11.7% during the 3rd quarter. Old West Investment Management LLC now owns 125,947 shares of the transportation company’s stock valued at $9,758,000 after acquiring an additional 13,143 shares in the last quarter. Intellectus Partners LLC boosted its position in U-Haul by 5.4% during the 3rd quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company’s stock worth $414,000 after acquiring an additional 275 shares during the period. Finally, Anthracite Investment Company Inc. bought a new position in shares of U-Haul in the third quarter worth $269,000. 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.