Mirae Asset Global Investments Co. Ltd. lifted its position in Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Free Report) by 3,136.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 632,791 shares of the company's stock after purchasing an additional 613,238 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.18% of Pony AI worth $5,581,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the company. Toyota Motor Corp purchased a new stake in Pony AI in the fourth quarter valued at $647,421,000. Ontario Teachers Pension Plan Board acquired a new position in shares of Pony AI in the 4th quarter valued at about $310,559,000. Aspex Management HK Ltd purchased a new stake in shares of Pony AI in the fourth quarter worth about $34,091,000. Carlyle Group Inc. acquired a new stake in Pony AI during the fourth quarter worth about $33,901,000. Finally, Wellington Management Group LLP purchased a new position in Pony AI during the fourth quarter valued at approximately $19,334,000.
Pony AI Trading Down 2.5%
Pony AI stock traded down $0.33 during mid-day trading on Thursday, hitting $12.86. The company had a trading volume of 3,835,116 shares, compared to its average volume of 10,336,430. Pony AI Inc. - Sponsored ADR has a 12-month low of $4.11 and a 12-month high of $23.88. The company's fifty day moving average is $14.25 and its 200-day moving average is $13.09.
Pony AI (NASDAQ:PONY - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $13.98 million for the quarter. Analysts anticipate that Pony AI Inc. - Sponsored ADR will post -0.38 earnings per share for the current year.
Pony AI Company 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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