Insider Buying: Pershing Square USA (NYSE:PSUS) Insider Acquires $243,682.65 in Stock

Pershing Square USA, Ltd. (NYSE:PSUS) insider Lisa Polsky bought 6,177 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was bought at an average cost of $39.45 per share, for a total transaction of $243,682.65. Following the completion of the purchase, the insider owned 6,177 shares of the company’s stock, valued at approximately $243,682.65. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Pershing Square USA Stock Up 1.4%

Shares of NYSE:PSUS opened at $39.71 on Thursday. The firm’s fifty day moving average is $38.07. Pershing Square USA, Ltd. has a 1-year low of $35.71 and a 1-year high of $44.00.

Analyst Ratings Changes

Separately, Jefferies Financial Group assumed coverage on shares of Pershing Square USA in a report on Monday, May 25th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Pershing Square USA has a consensus rating of “Buy”.

Institutional Investors Weigh In On Pershing Square USA

An institutional investor recently bought a new stake in Pershing Square USA stock. LM Advisors LLC bought a new stake in shares of Pershing Square USA, Ltd. (NYSE:PSUS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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.