Mirae Asset Global Investments Co. Ltd. raised its holdings in Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Free Report) by 3,136.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 632,791 shares of the company's stock after purchasing an additional 613,238 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.18% of Pony AI worth $5,581,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Yarbrough Capital LLC lifted its holdings in shares of Pony AI by 38.0% during the 1st quarter. Yarbrough Capital LLC now owns 100,001 shares of the company's stock worth $882,000 after acquiring an additional 27,538 shares during the period. Barclays PLC bought a new stake in shares of Pony AI during the 4th quarter worth approximately $212,000. Soros Fund Management LLC bought a new stake in shares of Pony AI during the 4th quarter worth approximately $12,718,000. Aspex Management HK Ltd bought a new stake in shares of Pony AI during the 4th quarter worth approximately $34,091,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Pony AI during the 4th quarter worth approximately $691,000.
Pony AI Stock Performance
Shares of Pony AI stock traded down $0.33 on Friday, reaching $12.86. 3,835,116 shares of the stock were exchanged, compared to its average volume of 9,447,084. The firm's 50 day moving average is $14.48 and its 200-day moving average is $13.09. Pony AI Inc. - Sponsored ADR has a one year low of $4.11 and a one year high of $23.88.
Pony AI (NASDAQ:PONY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $13.98 million for the quarter. As a group, equities research analysts forecast that Pony AI Inc. - Sponsored ADR will post -0.38 earnings per share for the current fiscal year.
About Pony AI
(
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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