Pershing Square USA (NYSE:PSUS) CEO William Ackman Buys 4,000,000 Shares

Pershing Square USA, Ltd. (NYSE:PSUS) CEO William Ackman bought 4,000,000 shares of the stock in a transaction dated Thursday, April 30th. The shares were purchased at an average cost of $49.00 per share, for a total transaction of $196,000,000.00. Following the completion of the purchase, the chief executive officer owned 4,000,000 shares in the company, valued at approximately $196,000,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Pershing Square USA Trading Up 0.9%

Shares of NYSE PSUS traded up $0.38 during trading on Friday, hitting $43.09. The company had a trading volume of 1,264,861 shares, compared to its average volume of 2,852,914. Pershing Square USA, Ltd. has a fifty-two week low of $40.33 and a fifty-two week high of $44.00.

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.