Cathie Wood Sells $18.7M In Palantir

Benzinga2021-07-01

Cathie Wood-led Ark Investment Management on Wednesday shed more weight in Palantir Technologies Inc , its second such sale in the data analytics company in recent months.

The investment firm sold 710,825 shares, estimated to be worth about $18.74 million, in the Peter Thiel-backed company on the day shares of the company closed 1.01% lower at $26.36 on Wednesday.

Ark Invest deployed ARK Next Generation Internet ETF to buy the shares on Wednesday. The Ark Innovation ETF also holds Palantir stock.

Together, the two ETFs held 28.48 million shares, worth about $762.48 million, ahead of Wednesday’s trade.

Some of the other key Ark buys on Wednesday included UiPath Inc and Quantum-Si Inc sells include Pluristem Therapeutics Inc.

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精彩评论

  • koolgal
    2021-09-01
    koolgal
    Palantir investors must be wondering why Cathie Wood is selling Palantir?  Perhaps NOW is the time to buy Palantir!  Palantir to the Moon! 🚀🚀🚀🌛🌛🌛
    • Mommyeve
      She constantly buy and sell to adjust her position. PLTR to the moon!
    • koolgal
      Palantir to the moon and the stars🌟🌟🌟
    • 54a438
      wonder how much $ she has pump to media to get her name known
    • Benly8
      This cathie is nonsense. suka suka sell sUka suka buy. Taking followers for a ride
    • koolgal
      I like your view on Cathie Wood though some die hard ARKK investors may not agree.  As in everything there is always 2 sides to a coin.  That's makes investing so interesting.  👍😉
  • Bustylibra
    2021-07-01
    Bustylibra
    Think she is just depressing the price to buyin more cheaper 
  • ArkInvest
    2021-07-01
    ArkInvest
    i am disappointed at myself
  • LeonardKSW
    2021-07-01
    LeonardKSW
    She really a spoilter
  • 鸟钱不赚也罢
    2021-07-01
    鸟钱不赚也罢
    一个大号散户[开心] 风控最低太差
  • Moonwalker88
    2021-07-01
    Moonwalker88
    Only 2% of her holding of PLTR.No biggie, shifting cash flow to other opportunities. ETF’s have targets. Not a singular diamond hand holding company 
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