The company is a moving and storage equipment rental company, renting trucks, trailers, moving and transporting equipment from place to place, towing, and self-storage.
This is the largest moving company in North America!
The company has been traded since 1994 and was founded in 1945.
The company is a subsidiary of Amerco, which is a holding company that operates real estate, insurance companies, and life insurance.
A few significant points regarding the company:
1. Institutional investors currently hold about 36% of the traded shares.
2. About 6 days ago, the company president bought $45 million worth at market price. On the same day, two other insiders each purchased an additional $45 million! (Documentation attached.)
3. In the last 10 years, the company has managed to double its revenue in gross profit, and in net income, the company has managed to triple its profits!
Analyst coverage: the company is not covered.
Technical analysis: current price: $526.51. My first target: $582.20. My second target: $630.
Debt-to-equity ratio: 0.55. Risk level: medium. Market cap: $10.5 billion.
UHAL is a value investment.
Anyone using this information does so at their own discretion and personal responsibility only.