Squarepoint Ops LLC bought a new position in shares of Pony AI Inc. (NASDAQ:PONY - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 48,132 shares of the company's stock, valued at approximately $691,000.
A number of other hedge funds also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Pony AI during the 4th quarter valued at approximately $281,000. Barclays PLC acquired a new position in shares of Pony AI during the fourth quarter valued at about $212,000. Soros Fund Management LLC purchased a new stake in shares of Pony AI in the fourth quarter worth approximately $12,718,000. Aspex Management HK Ltd purchased a new position in Pony AI during the fourth quarter worth about $34,091,000. Finally, Robeco Schweiz AG bought a new position in Pony AI during the fourth quarter valued at about $8,811,000.
Pony AI Trading Down 1.1%
Shares of PONY stock traded down $0.14 during trading on Thursday, reaching $13.00. 19,250,333 shares of the company's stock traded hands, compared to its average volume of 7,319,155. Pony AI Inc. has a 1 year low of $4.11 and a 1 year high of $23.88. The stock has a 50-day moving average price of $11.44.
Pony AI (NASDAQ:PONY - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $13.98 million for the quarter. On average, equities analysts predict that Pony AI Inc. will post -0.38 EPS for the current 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.
Featured Articles
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.
