Robeco Schweiz AG grew its holdings in shares of Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Free Report) by 21.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 747,000 shares of the company's stock after purchasing an additional 133,000 shares during the period. Robeco Schweiz AG owned approximately 0.21% of Pony AI worth $6,589,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Pinpoint Asset Management Ltd purchased a new position in Pony AI in the 4th quarter worth $108,000. Barclays PLC purchased a new position in Pony AI in the 4th quarter worth $212,000. Allspring Global Investments Holdings LLC purchased a new position in Pony AI in the 1st quarter worth $293,000. Renaissance Capital LLC purchased a new position in Pony AI in the 1st quarter worth $352,000. Finally, Walleye Capital LLC purchased a new position in Pony AI in the 4th quarter worth $402,000.
Pony AI Price Performance
PONY traded down $0.12 during midday trading on Friday, hitting $12.77. 4,028,421 shares of the company were exchanged, compared to its average volume of 8,796,919. The company's 50 day simple moving average is $14.72 and its 200 day simple moving average is $13.07. Pony AI Inc. - Sponsored ADR has a 1-year low of $4.11 and a 1-year high of $23.88.
Pony AI (NASDAQ:PONY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $13.98 million during the quarter. Research analysts predict that Pony AI Inc. - Sponsored ADR will post -0.38 earnings per share for the current 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.
See Also
Before you consider Pony AI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pony AI wasn't on the list.
While Pony AI currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
