Yarbrough Capital LLC boosted its position in Pony AI Inc. (NASDAQ:PONY - Free Report) by 38.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,001 shares of the company's stock after purchasing an additional 27,538 shares during the period. Yarbrough Capital LLC's holdings in Pony AI were worth $882,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also made changes to their positions in PONY. Renaissance Capital LLC acquired a new position in Pony AI during the first quarter worth approximately $352,000. Wellington Management Group LLP bought a new stake in shares of Pony AI in the 4th quarter worth approximately $19,334,000. Woodline Partners LP bought a new position in Pony AI in the 4th quarter worth approximately $2,206,000. Squarepoint Ops LLC acquired a new position in shares of Pony AI during the 4th quarter valued at $691,000. Finally, Toyota Motor Corp bought a new position in shares of Pony AI in the fourth quarter valued at $647,421,000.
Pony AI Stock Down 3.2%
Shares of Pony AI stock traded down $0.42 during midday trading on Wednesday, hitting $12.65. The company's stock had a trading volume of 6,064,324 shares, compared to its average volume of 7,397,081. Pony AI Inc. has a 1-year low of $4.11 and a 1-year high of $23.88. The company's 50-day simple moving average is $11.90.
Pony AI (NASDAQ:PONY - Get Free Report) last issued its earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $13.98 million during the quarter. Analysts expect that Pony AI Inc. will post -0.38 EPS for the current fiscal 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.
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