Pony AI Inc. – Sponsored ADR $PONY Stock Holdings Lifted by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd grew its holdings in Pony AI Inc. – Sponsored ADR (NASDAQ:PONY) by 47.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 778,879 shares of the company’s stock after purchasing an additional 250,900 shares during the quarter. Pony AI comprises approximately 3.0% of Hel Ved Capital Management Ltd’s portfolio, making the stock its 8th largest holding. Hel Ved Capital Management Ltd’s holdings in Pony AI were worth $11,294,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Leonteq Securities AG purchased a new stake in shares of Pony AI during the 4th quarter valued at approximately $38,000. Jones Financial Companies Lllp raised its position in shares of Pony AI by 704.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,197 shares of the company’s stock valued at $47,000 after buying an additional 1,924 shares during the period. JPMorgan Chase & Co. raised its position in shares of Pony AI by 103.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,110 shares of the company’s stock valued at $47,000 after buying an additional 62,748 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Pony AI during the 3rd quarter valued at approximately $50,000. Finally, Daiwa Securities Group Inc. purchased a new stake in shares of Pony AI during the 2nd quarter valued at approximately $64,000.

Pony AI Trading Down 1.8%

Pony AI stock opened at $8.15 on Friday. Pony AI Inc. – Sponsored ADR has a twelve month low of $7.95 and a twelve month high of $24.92. The stock’s fifty day simple moving average is $9.62 and its 200-day simple moving average is $12.45. The firm has a market capitalization of $3.14 billion, a P/E ratio of -22.64 and a beta of 3.83.

Pony AI (NASDAQ:PONY) last posted its quarterly earnings data on Tuesday, May 26th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $34.25 million for the quarter, compared to analyst estimates of $22.30 million. Sell-side analysts predict that Pony AI Inc. – Sponsored ADR will post -0.67 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on PONY shares. Wall Street Zen lowered shares of Pony AI from a “hold” rating to a “sell” rating in a research report on Sunday, April 26th. The Goldman Sachs Group set a $30.00 price target on shares of Pony AI in a research report on Thursday, April 16th. Zacks Research raised shares of Pony AI from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings lowered shares of Pony AI from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday. Finally, Macquarie Infrastructure reaffirmed an “outperform” rating and set a $24.00 price target on shares of Pony AI in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Pony AI presently has an average rating of “Moderate Buy” and a consensus price target of $19.95.

About Pony AI

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.