Janus Henderson Group PLC acquired a new position in Pony AI Inc. (NASDAQ:PONY - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 850,349 shares of the company's stock, valued at approximately $12,203,000. Janus Henderson Group PLC owned about 0.24% of Pony AI at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of PONY. Ontario Teachers Pension Plan Board acquired a new stake in shares of Pony AI in the fourth quarter worth approximately $310,559,000. IDG China Venture Capital Fund IV Associates L.P. purchased a new position in Pony AI in the 4th quarter valued at $144,973,000. IDG China Capital Fund III Associates L.P. purchased a new stake in shares of Pony AI during the fourth quarter worth $93,700,000. Aspex Management HK Ltd purchased a new stake in shares of Pony AI during the fourth quarter worth $34,091,000. Finally, Carlyle Group Inc. acquired a new stake in shares of Pony AI in the fourth quarter valued at about $33,901,000.
Pony AI Trading Up 5.7%
Shares of NASDAQ:PONY traded up $0.97 during midday trading on Tuesday, hitting $17.88. The company's stock had a trading volume of 22,859,613 shares, compared to its average volume of 5,892,543. Pony AI Inc. has a 12-month low of $4.11 and a 12-month high of $23.88. The business's 50 day moving average is $10.14.
Pony AI (NASDAQ:PONY - Get Free Report) last issued its earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share for the quarter. On average, analysts expect that Pony AI Inc. will post -0.38 earnings per share 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.
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