Pershing Square USA, Ltd. (NYSE:PSUS – Get Free Report) insider Lisa Polsky purchased 6,177 shares of the stock in a transaction on Tuesday, August 18th. The shares were purchased at an average price of $39.45 per share, with a total value of $243,682.65. Following the acquisition, the insider directly owned 6,177 shares in the company, valued at $243,682.65. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Pershing Square USA Trading Up 0.4%
Shares of PSUS opened at $39.68 on Friday. Pershing Square USA, Ltd. has a twelve month low of $35.71 and a twelve month high of $44.00. The firm has a fifty day moving average price of $38.15.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group started coverage on shares of Pershing Square USA in a research note on Monday, May 25th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.
Institutional Trading of Pershing Square USA
An institutional investor recently bought a new position in Pershing Square USA stock. LM Advisors LLC purchased a new stake in shares of Pershing Square USA, Ltd. (NYSE:PSUS – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 63,950 shares of the company’s stock, valued at approximately $2,390,000.
Pershing Square USA, Inc (NYSE: PSUS) is a publicly traded investment company that provides investors with exposure to the investment strategies of Pershing Square Capital Management L.P., an investment adviser led by William A. Ackman. The company is listed on the New York Stock Exchange and functions as a vehicle through which shareholders can gain access to concentrated public equity investments managed by the Pershing Square team.
The firm’s main business activity is portfolio management: acquiring and holding equity positions in publicly traded companies with the objective of long‑term capital appreciation.
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