Insider Selling: U-Haul Holding (NASDAQ:UHAL) Major Shareholder Sells 12,500 Shares of Stock

U-Haul Holding (NASDAQ:UHAL) major shareholder Mark V. Shoen sold 12,500 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $65.03, for a total value of $812,875.00. Following the sale, the insider now directly owns 654,711 shares of the company’s stock, valued at approximately $42,575,856.33. The trade was a 1.87 % decrease in their ownership of the stock. The transaction was disclosed in a 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 sales and purchases with the SEC.

U-Haul Stock Down 0.4 %

Shares of U-Haul stock traded down $0.27 on Friday, hitting $68.95. The company had a trading volume of 79,628 shares, compared to its average volume of 100,365. The firm has a market capitalization of $13.52 billion, a P/E ratio of 31.92 and a beta of 1.09. U-Haul Holding has a twelve month low of $59.70 and a twelve month high of $79.04. The stock has a 50-day moving average of $71.09 and a 200-day 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.

Institutional Trading of U-Haul

Institutional investors have recently modified their holdings of the company. Lord Abbett & CO. LLC raised its position in U-Haul by 33.9% in the 4th quarter. Lord Abbett & CO. LLC now owns 300,000 shares of the transportation company’s stock valued at $20,727,000 after buying an additional 75,964 shares during the last quarter. Old West Investment Management LLC lifted its position in shares of U-Haul by 6.0% in the fourth quarter. Old West Investment Management LLC now owns 133,537 shares of the transportation company’s stock worth $9,226,000 after purchasing an additional 7,590 shares in the last quarter. Parkwood LLC boosted its holdings in U-Haul by 31.2% during the fourth 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. Two Sigma Advisers LP increased its stake in U-Haul by 263.6% in the 4th quarter. Two Sigma Advisers LP now owns 117,800 shares of the transportation company’s stock valued at $8,139,000 after buying an additional 85,400 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position 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 buying an additional 67,757 shares in the last quarter. 3.63% of the stock is currently owned by institutional investors.

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.