LMR Partners LLP acquired a new position in shares of Pony AI Inc. (NASDAQ:PONY - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the company's stock, valued at approximately $1,435,000.
Several other large investors have also recently added to or reduced their stakes in PONY. Pinpoint Asset Management Ltd acquired a new position in Pony AI in the fourth quarter valued at approximately $108,000. Barclays PLC acquired a new position in Pony AI in the fourth quarter valued at approximately $212,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Pony AI in the fourth quarter valued at approximately $281,000. Walleye Capital LLC acquired a new position in Pony AI in the fourth quarter valued at approximately $402,000. Finally, Ovata Capital Management Ltd acquired a new position in Pony AI in the fourth quarter valued at approximately $538,000.
Pony AI Price Performance
NASDAQ PONY traded up $2.26 during trading hours on Friday, hitting $18.43. The company's stock had a trading volume of 9,095,072 shares, compared to its average volume of 5,702,023. The stock has a fifty day moving average of $10.08. Pony AI Inc. has a twelve month low of $4.11 and a twelve month high of $23.88.
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.
Featured Stories
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
