Woodline Partners LP acquired a new stake in Pony AI Inc. (NASDAQ:PONY - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 153,760 shares of the company's stock, valued at approximately $2,206,000.
Several other hedge funds also recently bought and sold shares of PONY. Pinpoint Asset Management Ltd bought a new position in Pony AI in the 4th quarter valued at $108,000. Barclays PLC bought a new position in shares of Pony AI in the fourth quarter worth approximately $212,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Pony AI during the fourth quarter valued at approximately $281,000. Walleye Capital LLC bought a new position in shares of Pony AI in the 4th quarter worth $402,000. Finally, Ovata Capital Management Ltd purchased a new position in Pony AI in the fourth quarter worth $538,000.
Pony AI Stock Down 7.0%
NASDAQ PONY traded down $1.30 during trading hours on Thursday, reaching $17.16. 11,114,451 shares of the stock traded hands, compared to its average volume of 6,415,503. The firm has a 50 day moving average price of $10.93. Pony AI Inc. 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 data on Tuesday, May 20th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $13.98 million during the quarter. On average, equities analysts expect that Pony AI Inc. will post -0.38 earnings per share for the current fiscal 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.
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