Mirae Asset Global Investments Co. Ltd. Has $5.58 Million Stake in Pony AI Inc. – Sponsored ADR (NASDAQ:PONY)

Mirae Asset Global Investments Co. Ltd. boosted its position in Pony AI Inc. – Sponsored ADR (NASDAQ:PONY) by 3,136.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 632,791 shares of the company’s stock after buying an additional 613,238 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Pony AI were worth $5,581,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Yarbrough Capital LLC lifted its holdings in Pony AI by 38.0% in the first quarter. Yarbrough Capital LLC now owns 100,001 shares of the company’s stock valued at $882,000 after buying an additional 27,538 shares during the period. Barclays PLC bought a new stake in Pony AI in the fourth quarter valued at $212,000. Soros Fund Management LLC bought a new stake in Pony AI in the fourth quarter valued at $12,718,000. Aspex Management HK Ltd bought a new stake in Pony AI in the fourth quarter valued at $34,091,000. Finally, Squarepoint Ops LLC bought a new stake in Pony AI in the fourth quarter valued at $691,000.

Pony AI Price Performance

PONY opened at $13.20 on Wednesday. Pony AI Inc. – Sponsored ADR has a 1-year low of $4.11 and a 1-year high of $23.88. The company has a fifty day moving average price of $14.10 and a two-hundred day moving average price of $13.09.

Pony AI (NASDAQ:PONY) last posted its quarterly earnings results on Tuesday, May 20th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $13.98 million for the quarter. On average, equities analysts expect that Pony AI Inc. – Sponsored ADR will post -0.38 earnings per share for the current year.

Pony AI Company Profile

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.