This Insider Has Just Sold Shares In AMERCO (NASDAQ:UHAL)
We wouldn’t blame AMERCO (NASDAQ:UHAL) shareholders if they were a little worried about the fact that Edward Shoen, the Chairman of the Board recently netted about US$847k selling shares at an average price of US$349. That’s a big dump, and it decreased their holding size by 12.7%, which is notable but not too bad.
See our latest analysis for AMERCO AMERCO Insider Transactions Over The Last Year
In fact, the recent sale by Chairman of the Board Edward Shoen was not their only sale of AMERCO shares this year. Earlier in the year, they fetched US$371 per share in a -US$2.2m sale. That means that an insider was selling shares at around the current price of US$356. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. We note that ...