Key Points
- Insider purchase: Lisa Polsky acquired 6,177 Pershing Square USA shares at an average price of $39.45, representing a total investment of $243,682.65.
- Stock performance: PSUS opened at $39.48 and has traded between $35.71 and $44.00 over the past year; its 50-day moving average is $38.12.
- Investor sentiment: Jefferies initiated coverage with a “Buy” rating, while LM Advisors recently acquired a new 63,950-share stake valued at approximately $2.39 million.
Pershing Square USA, Ltd. (NYSE:PSUS - Get Free Report) insider Lisa Polsky acquired 6,177 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were purchased at an average cost of $39.45 per share, for a total transaction of $243,682.65. Following the completion of the acquisition, the insider owned 6,177 shares in the company, valued at $243,682.65. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Pershing Square USA Price Performance
NYSE PSUS opened at $39.48 on Friday. Pershing Square USA, Ltd. has a 1-year low of $35.71 and a 1-year high of $44.00. The firm has a 50-day moving average of $38.12.
Analyst Upgrades and Downgrades
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 analyst has rated the stock with a Buy rating, According to data from MarketBeat, Pershing Square USA presently has an average rating of "Buy".
Get Our Latest Analysis on Pershing Square USA
Institutional Investors Weigh In On Pershing Square USA
A hedge fund recently bought a new stake in Pershing Square USA stock. LM Advisors LLC acquired a new stake in shares of Pershing Square USA, Ltd. (NYSE:PSUS - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 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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