LM Advisors LLC bought a new stake in shares of Pershing Square USA, Ltd. (NYSE:PSUS – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 63,950 shares of the company’s stock, valued at approximately $2,390,000.
Insider Activity at Pershing Square USA
In other news, insider Lisa Polsky acquired 6,177 shares of the firm’s stock in a transaction dated 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 acquisition, the insider owned 6,177 shares of the company’s stock, valued at $243,682.65. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bruce Herring acquired 5,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were purchased at an average price of $40.25 per share, for a total transaction of $201,250.00. Following the completion of the transaction, the insider owned 15,000 shares of the company’s stock, valued at $603,750. This trade represents a 50.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.
Pershing Square USA Price Performance
NYSE 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 company has a 50-day moving average of $38.15.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on PSUS
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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