Pershing Square’s CEO and Chairman, William A. Ackman, purchased 800,000 shares of PS on Thursday at $23.77 each, totaling an investment of $19.02 million. At the highest point in Tuesday’s trading session, the stock was valued at $35.98, reflecting a gain of approximately 51.4%. As of Tuesday, Pershing Square’s shares were trading up about 1.3%.
On Friday, T-Mobile US Executive Andre Almeida bought 5,097 shares for $196.18 each, amounting to a total of $1 million. T-Mobile was trading up by 0.4% on Tuesday, although current prices have dipped to as low as $192.69, which is 1.8% below Almeida’s purchase price.
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