U-Haul Holding (NASDAQ:UHAL) Major Shareholder Mark V. Shoen Sells 12,500 Shares of 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 stock was sold at an average price of $65.86, for a total transaction of $823,250.00. Following the completion of the transaction, 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 SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Trading Down 0.8 %

U-Haul stock opened at $71.06 on Tuesday. 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 $13.93 billion, a price-to-earnings ratio of 32.90 and a beta of 1.09. U-Haul Holding has a one year low of $59.70 and a one year high of $79.04. The company’s fifty day moving average price is $71.03 and its two-hundred day moving average price is $71.90.

Hedge Funds Weigh In On U-Haul

Several hedge funds have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd increased its position 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 buying an additional 142 shares during the last quarter. Lodestone Wealth Management LLC increased its position in U-Haul by 5.6% during the third quarter. Lodestone Wealth Management LLC now owns 4,407 shares of the transportation company’s stock worth $341,000 after buying an additional 233 shares during the last quarter. Legacy Capital Group California Inc. increased its position in U-Haul by 7.5% during the fourth 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 during the last quarter. Intellectus Partners LLC increased its position in U-Haul by 5.4% during the third quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company’s stock worth $414,000 after buying an additional 275 shares during the last quarter. Finally, Childress Capital Advisors LLC boosted its holdings in U-Haul by 20.0% during the fourth quarter. Childress Capital Advisors LLC now owns 6,000 shares of the transportation company’s stock valued at $415,000 after acquiring an additional 1,000 shares during the period. 3.63% of the stock is owned by institutional investors and hedge funds.

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.