Lighthouse Investment Partners LLC purchased a new stake in shares of Pony AI Inc. (NASDAQ:PONY - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 78,185 shares of the company's stock, valued at approximately $1,122,000.
Several other large investors have also made changes to their positions in the company. Pinpoint Asset Management Ltd acquired a new position in Pony AI in the fourth quarter valued at about $108,000. Barclays PLC acquired a new position in Pony AI in the fourth quarter valued at about $212,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Pony AI in the fourth quarter valued at about $281,000. Walleye Capital LLC acquired a new position in Pony AI in the fourth quarter valued at about $402,000. Finally, Ovata Capital Management Ltd acquired a new position in Pony AI in the fourth quarter valued at about $538,000.
Pony AI Price Performance
Shares of Pony AI stock traded up $0.79 during trading hours on Tuesday, hitting $17.70. The company's stock had a trading volume of 11,488,521 shares, compared to its average volume of 5,763,826. Pony AI Inc. has a 12 month low of $4.11 and a 12 month high of $23.88. The stock has a 50 day simple moving average of $10.14.
Pony AI (NASDAQ:PONY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. On average, equities analysts anticipate that Pony AI Inc. will post -0.38 EPS 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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