Edward J. Shoen Buys 275,000 Shares of AMERCO (NASDAQ:UHAL) Stock

AMERCO (NASDAQ:UHALGet Rating) President Edward J. Shoen acquired 275,000 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The stock was acquired at an average cost of $53.91 per share, with a total value of $14,825,250.00. Following the completion of the acquisition, the president now owns 599,000 shares in the company, valued at approximately $32,292,090. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

AMERCO Stock Up 3.7 %

UHAL opened at $57.30 on Friday. The company has a 50 day moving average of $53.48 and a 200 day moving average of $52.00. The company has a market cap of $11.24 billion, a PE ratio of 10.66 and a beta of 0.93. AMERCO has a 12 month low of $44.79 and a 12 month high of $75.30. The company has a current ratio of 5.20, a quick ratio of 4.96 and a debt-to-equity ratio of 0.97.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Weil Company Inc. boosted its holdings in AMERCO by 2.2% in the 2nd quarter. Weil Company Inc. now owns 1,000 shares of the transportation company’s stock valued at $478,000 after purchasing an additional 22 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in AMERCO by 2.2% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,015 shares of the transportation company’s stock valued at $517,000 after purchasing an additional 22 shares during the period. AdvisorNet Financial Inc boosted its holdings in AMERCO by 37.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 110 shares of the transportation company’s stock valued at $53,000 after purchasing an additional 30 shares during the period. PNC Financial Services Group Inc. boosted its holdings in AMERCO by 3.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,089 shares of the transportation company’s stock valued at $650,000 after purchasing an additional 32 shares during the period. Finally, Creative Planning boosted its holdings in AMERCO by 6.2% in the 2nd quarter. Creative Planning now owns 565 shares of the transportation company’s stock valued at $270,000 after purchasing an additional 33 shares during the period.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of AMERCO from a “hold” rating to a “buy” rating in a report on Friday, November 11th.

About AMERCO

(Get Rating)

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.

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