Pershing Square USA (NYSE:PSUS) Insider Lisa Polsky Purchases 6,177 Shares of Stock

Pershing Square USA, Ltd. (NYSE:PSUS) insider Lisa Polsky acquired 6,177 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were bought at an average price of $39.45 per share, with a total value of $243,682.65. Following the completion of the transaction, the insider directly owned 6,177 shares of the company’s stock, valued at approximately $243,682.65. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Pershing Square USA Trading Down 0.5%

Shares of NYSE:PSUS opened at $39.48 on Friday. Pershing Square USA, Ltd. has a 12-month low of $35.71 and a 12-month high of $44.00. The stock’s 50 day simple moving average is $38.12.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group assumed coverage on Pershing Square USA in a research note on Monday, May 25th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Pershing Square USA

A hedge fund recently bought a new stake in Pershing Square USA stock. LM Advisors LLC purchased a new position in Pershing Square USA, Ltd. (NYSE:PSUS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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.