Hudson Bay Capital Management LP Sells 327,023 Shares of Pony AI Inc. - Sponsored ADR $PONY

Key Points

• Hudson Bay Capital Management LP cut its stake in Pony AI by 59.6% in Q3, selling 327,023 shares and retaining 221,520 shares worth about $4.98 million (0.06% ownership).
• Shares opened at $10.53 (down 2.1%), trading well below their 50- and 200-day moving averages with a 52-week range of $4.11–$24.92, a market cap of roughly $4.06 billion, a negative P/E of -7.47, and a beta of 6.26.
• Analysts are mixed but tilt positive: the consensus is a "Moderate Buy" with an average price target of $22.10, while individual ratings range from Sell to Outperform.

Hudson Bay Capital Management LP cut its holdings in Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Free Report) by 59.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,520 shares of the company's stock after selling 327,023 shares during the period. Hudson Bay Capital Management LP owned 0.06% of Pony AI worth $4,982,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Banque Cantonale Vaudoise raised its position in shares of Pony AI by 71.2% during the third quarter. Banque Cantonale Vaudoise now owns 3,662 shares of the company's stock valued at $82,000 after buying an additional 1,523 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Pony AI by 704.8% during the third quarter. Jones Financial Companies Lllp now owns 2,197 shares of the company's stock worth $47,000 after acquiring an additional 1,924 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in shares of Pony AI by 29.7% during the third quarter. SBI Securities Co. Ltd. now owns 19,875 shares of the company's stock worth $447,000 after acquiring an additional 4,546 shares during the last quarter. Daiwa Securities Group Inc. purchased a new position in Pony AI during the second quarter valued at $64,000. Finally, SG Americas Securities LLC bought a new stake in Pony AI in the 3rd quarter valued at $116,000.

Pony AI Stock Down 2.1%

Shares of NASDAQ:PONY opened at $10.53 on Friday. The firm has a fifty day simple moving average of $13.98 and a two-hundred day simple moving average of $15.82. Pony AI Inc. - Sponsored ADR has a 52 week low of $4.11 and a 52 week high of $24.92. The stock has a market capitalization of $4.06 billion, a P/E ratio of -7.47 and a beta of 6.26.

Wall Street Analyst Weigh In

Several research firms have commented on PONY. Weiss Ratings reissued a "sell (d-)" rating on shares of Pony AI in a report on Thursday, January 22nd. Barclays began coverage on Pony AI in a research report on Tuesday, December 16th. They issued an "equal weight" rating and a $15.00 target price on the stock. Wall Street Zen lowered Pony AI from a "hold" rating to a "sell" rating in a research note on Saturday, March 14th. Citigroup restated a "buy" rating on shares of Pony AI in a report on Thursday, January 15th. Finally, CLSA initiated coverage on Pony AI in a research note on Friday, January 2nd. They issued an "outperform" rating and a $22.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.10.

About Pony AI

Pony.ai develops autonomous driving technologies for passenger and goods transportation. The company offers an end-to-end self-driving stack that combines perception, planning and control systems with proprietary hardware and software. Pony.ai’s solutions support robotaxi services and advanced driver-assistance system (ADAS) deployments across urban and suburban environments.

Founded in late 2016 by James Peng and Sean Gong, Pony.ai operates research and development centers in Fremont, California, as well as in Guangzhou and Beijing, China.

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