SG Americas Securities LLC Has $7.89 Million Position in Pony AI Inc. - Sponsored ADR $PONY

Key Points

• SG Americas Securities LLC increased its stake in Pony AI by 10,441.3% in Q4, buying 538,666 shares to hold 543,825 shares worth $7.885 million (about 0.14% of the company).
• Analyst views are mixed: MarketBeat shows a consensus rating of Moderate Buy with a $19.67 average price target, while individual reports range from outperform ($29 target) to strong sell.
• Pony AI stock opened at $8.54 and was trading down 6.6%; the company has a market cap of $3.29 billion, a negative P/E (~-23.72), and a 52-week range of $4.11–$24.92.

SG Americas Securities LLC boosted its position in shares of Pony AI Inc. - Sponsored ADR (NASDAQ:PONY - Free Report) by 10,441.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 543,825 shares of the company's stock after buying an additional 538,666 shares during the quarter. SG Americas Securities LLC owned approximately 0.14% of Pony AI worth $7,885,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Green Alpha Advisors LLC acquired a new stake in shares of Pony AI in the 4th quarter valued at $619,000. JPMorgan Chase & Co. lifted its stake in shares of Pony AI by 103.5% during the third quarter. JPMorgan Chase & Co. now owns 2,110 shares of the company's stock valued at $47,000 after acquiring an additional 62,748 shares during the period. FNY Investment Advisers LLC bought a new position in Pony AI in the third quarter valued at about $50,000. Cantor Fitzgerald L. P. acquired a new stake in Pony AI in the third quarter worth about $372,000. Finally, Carrhae Capital LLP acquired a new stake in Pony AI in the third quarter worth about $6,686,000.

Analysts Set New Price Targets

A number of research firms have issued reports on PONY. Macquarie Infrastructure began coverage on shares of Pony AI in a research report on Monday, December 15th. They set an "outperform" rating and a $29.00 target price on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Pony AI in a research note on Thursday, January 22nd. Citigroup restated a "buy" rating on shares of Pony AI in a report on Thursday, January 15th. Barclays reduced their price objective on shares of Pony AI from $15.00 to $10.00 and set an "equal weight" rating on the stock in a research note on Monday. Finally, Zacks Research cut shares of Pony AI from a "hold" rating to a "strong sell" rating in a research report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $19.67.

Pony AI Trading Down 6.6%

Pony AI stock opened at $8.54 on Tuesday. The firm has a market capitalization of $3.29 billion, a P/E ratio of -23.72 and a beta of 6.24. The business has a 50-day moving average of $13.25 and a 200-day moving average of $15.67. Pony AI Inc. - Sponsored ADR has a 1 year low of $4.11 and a 1 year high of $24.92.

Pony AI Company Profile

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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