Here’s Why This Insider Loaded Up on Amerco (NASDAQ:UHAL) Stock
21 November 2022 - 07:29PM
TipRanks
Willow Grove Holdings LP, which holds more than 10% of Amerco’s
(NASDAQ:UHAL) shares, has purchased 603,150 shares in multiple
transactions between November 16 and November 18, for a total value
of $32.4 million. The move comes after Amerco recently beat
analysts’ estimates for fiscal second-quarter earnings by a
significant margin. Amerco engages in the provision of insurance,
moving, and storage operation businesses. According to an SEC
filing, Willow Grove is owned and controlled by Foster Road LLC,
along with various trusts associated with Amerco’s CEO, Edward J.
Shoen, and vice president Mark V. Shoen. Overall, TipRanks’ Insider
Trading Tool shows that the Insider Confidence Signal is currently
Positive for UHAL.
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Amerco (NASDAQ:UHAL)
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