Deutsche Bank AG acquired a new position in shares of Pony AI Inc. (NASDAQ:PONY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 299,252 shares of the company's stock, valued at approximately $4,294,000. Deutsche Bank AG owned about 0.09% of Pony AI at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of PONY. Pinpoint Asset Management Ltd acquired a new stake in Pony AI during the fourth quarter worth about $108,000. Barclays PLC purchased a new position in Pony AI during the fourth quarter worth about $212,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Pony AI during the fourth quarter worth about $281,000. Walleye Capital LLC purchased a new position in Pony AI during the fourth quarter worth about $402,000. Finally, Ovata Capital Management Ltd purchased a new position in Pony AI during the fourth quarter worth about $538,000.
Pony AI Stock Down 8.2%
Shares of PONY stock opened at $16.91 on Tuesday. The stock's 50-day moving average is $10.14. Pony AI Inc. has a 1-year low of $4.11 and a 1-year high of $23.88.
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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