Pony AI Inc. – Sponsored ADR (NASDAQ:PONY – Get Free Report) VP Luyi Mo sold 14,460 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $6.86, for a total value of $99,195.60. Following the completion of the sale, the vice president owned 350,156 shares of the company’s stock, valued at $2,402,070.16. The trade was a 3.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Pony AI Trading Down 0.1%
Shares of PONY stock opened at $6.95 on Wednesday. Pony AI Inc. – Sponsored ADR has a 1-year low of $6.66 and a 1-year high of $24.92. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of -19.31 and a beta of 3.83. The stock’s fifty day simple moving average is $9.06 and its 200-day simple moving average is $11.91.
Pony AI (NASDAQ:PONY – Get Free Report) last announced its quarterly earnings data on Tuesday, May 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.03. Pony AI had a negative return on equity of 17.13% and a negative net margin of 128.22%.The firm had revenue of $34.25 million during the quarter, compared to the consensus estimate of $22.30 million. On average, sell-side analysts predict that Pony AI Inc. – Sponsored ADR will post -0.67 EPS for the current year.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Pony AI
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in shares of Pony AI during the 1st quarter valued at about $30,000. Leonteq Securities AG acquired a new position in Pony AI in the fourth quarter worth approximately $38,000. JPMorgan Chase & Co. increased its holdings in Pony AI by 103.5% in the third quarter. JPMorgan Chase & Co. now owns 2,110 shares of the company’s stock worth $47,000 after buying an additional 62,748 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Pony AI during the third quarter valued at approximately $50,000. Finally, Daiwa Securities Group Inc. bought a new position in Pony AI during the second quarter valued at approximately $64,000.
Pony AI Company Profile
Pony.ai develops autonomous driving technologies for passenger and goods transportation. The company offers an end-to-end self-driving stack that combines perception, planning and control systems with proprietary hardware and software. Pony.ai’s solutions support robotaxi services and advanced driver-assistance system (ADAS) deployments across urban and suburban environments.
Founded in late 2016 by James Peng and Sean Gong, Pony.ai operates research and development centers in Fremont, California, as well as in Guangzhou and Beijing, China.
See Also
- Five stocks we like better than Pony AI
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for Pony AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pony AI and related companies with MarketBeat.com's FREE daily email newsletter.
