Citadel Advisors LLC purchased a new stake in Pony AI Inc. (NASDAQ:PONY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 480,000 shares of the company's stock, valued at approximately $6,888,000. Citadel Advisors LLC owned approximately 0.14% of Pony AI as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pinpoint Asset Management Ltd purchased a new position in Pony AI during the fourth quarter worth approximately $108,000. Barclays PLC purchased a new position in shares of Pony AI in the 4th quarter worth $212,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Pony AI in the fourth quarter valued at $281,000. Walleye Capital LLC purchased a new stake in Pony AI during the fourth quarter valued at about $402,000. Finally, Ovata Capital Management Ltd acquired a new stake in Pony AI during the fourth quarter worth about $538,000.
Pony AI Price Performance
Shares of NASDAQ PONY traded up $0.97 during midday trading on Tuesday, hitting $17.88. The stock had a trading volume of 22,859,613 shares, compared to its average volume of 5,892,543. Pony AI Inc. has a 1-year low of $4.11 and a 1-year high of $23.88. The business has a fifty day moving average of $10.14.
Pony AI (NASDAQ:PONY - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Pony AI Inc. will post -0.38 EPS for the current fiscal year.
Pony AI Profile
(
Free Report)
Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People's Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People's Republic of China.
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