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

U-Haul Holding (NASDAQ:UHAL) major shareholder Mark V. Shoen sold 12,500 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $65.86, for a total value of $823,250.00. Following the completion of the transaction, the insider now directly owns 667,500 shares of the company’s stock, valued at $43,961,550. The trade was a 1.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Stock Down 1.8 %

Shares of UHAL opened at $70.30 on Thursday. The company has a current ratio of 2.03, a quick ratio of 1.83 and a debt-to-equity ratio of 0.89. The firm has a market cap of $13.78 billion, a P/E ratio of 32.54 and a beta of 1.09. The stock’s 50 day moving average is $71.06 and its two-hundred day moving average is $71.91. U-Haul Holding has a 12 month low of $59.70 and a 12 month high of $79.04.

Institutional Investors Weigh In On U-Haul

Several institutional investors and hedge funds have recently added to or reduced their stakes in UHAL. Motley Fool Asset Management LLC purchased a new position in U-Haul during the third quarter valued at $201,000. Aster Capital Management DIFC Ltd raised its position in shares of U-Haul by 5.0% during the 4th 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 last quarter. Optas LLC purchased a new position in U-Haul in the 4th quarter valued at about $219,000. Versor Investments LP acquired a new stake in U-Haul in the 4th quarter worth about $221,000. Finally, Legacy Capital Group California Inc. increased its stake in U-Haul by 7.5% during the 4th quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company’s stock worth $234,000 after buying an additional 237 shares in the last quarter. 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.