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 company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $65.86, for a total transaction of $823,250.00. Following the completion of the sale, the insider now directly owns 667,500 shares in the company, valued at $43,961,550. This trade represents a 1.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 1.8 %

NASDAQ UHAL opened at $70.30 on Thursday. U-Haul Holding has a 1 year low of $59.70 and a 1 year high of $79.04. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 1.83. The company has a market capitalization of $13.78 billion, a PE ratio of 32.54 and a beta of 1.09. The company has a fifty day moving average of $71.06 and a 200 day moving average of $71.91.

Hedge Funds Weigh In On U-Haul

A number of institutional investors have recently modified their holdings of UHAL. Aster Capital Management DIFC Ltd grew its holdings in 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 acquiring an additional 142 shares during the period. Lodestone Wealth Management LLC lifted its holdings in U-Haul by 5.6% in the third 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. Legacy Capital Group California Inc. boosted its position 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 worth $234,000 after purchasing an additional 237 shares in the last quarter. Intellectus Partners LLC grew its stake in shares of 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 purchasing an additional 275 shares during the period. Finally, Childress Capital Advisors LLC increased its holdings in shares of U-Haul by 20.0% during the 4th quarter. Childress Capital Advisors LLC now owns 6,000 shares of the transportation company’s stock valued at $415,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 3.63% of the company’s stock.

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.