Cathie Wood's ARK ETFs Make Significant Moves in the Market on Monday, March 10th, 2025

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Cathie Wood's ARK ETFs made significant moves in the market on Monday, with a series of buys and sells indicating a strategic adjustment to their investment portfolio.

Among the largest purchases was an increase in Tesla Inc (NASDAQ:TSLA) shares, with ARK buying 79,318 shares for a total of approximately $20,834,460. This aligns with ARK's continued interest in the electric vehicle industry and Tesla's role within it.

Another substantial investment was made in Coinbase Global Inc (NASDAQ:COIN), where ARK acquired 64,358 shares for a value of $13,994,646. This move suggests ARK's ongoing bullish stance on the cryptocurrency exchange platform, despite the volatile nature of the digital currency market.

In another notable transaction, ARK expanded its holdings in Advanced Micro Devices Inc (NASDAQ:AMD), buying a total of 147,551 shares across multiple ETFs, amounting to $14,800,840. This purchase could reflect ARK's positive outlook on the semiconductor industry and AMD's competitive positioning.

Furthermore, ARK added 485,005 shares of Beam Therapeutics Inc (NASDAQ:BEAM) for a value of $13,812,942, and 269,864 shares of Robinhood Markets Inc (NASDAQ:HOOD) at a value of $11,987,358. These acquisitions highlight ARK's interest in innovative companies with disruptive potential.

On the sell side, the largest transaction was the divestment of SoFi Technologies Inc (NASDAQ:SOFI), with ARK selling 5,527,814 shares, leading to a total sale value of $69,595,179. This move could indicate a strategic shift or a response to recent market or company-specific events.

Additionally, ARK reduced its stake in Block Inc (NYSE:SQ), offloading 376,607 shares for a value of $22,596,420. This sale might reflect ARK's portfolio rebalancing or a change in its assessment of the financial technology company's outlook.

Other sales included positions in UiPath Inc (NYSE:PATH), Kratos Defense and Security Solutions Inc (NASDAQ:KTOS), and Veracyte Inc (NASDAQ:VCYT), totaling $7,122,738, $1,545,596, and $2,967,261, respectively. These transactions could be part of ARK's regular portfolio management practices or reactions to market conditions.

The report also shows a continuation of trends from the previous week, with ARK consistently buying shares of Absci Corp (NASDAQ:ABSI) and Recursion Pharmaceuticals Inc (NASDAQ:RXRX), indicating a longer-term investment strategy in these companies.

Investors following Cathie Wood's ARK ETFs will be keen to see how these trades play out in the context of the broader market and ARK's innovative investment philosophy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Is AMD truely undervalued?

With AMD making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed AMD alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? AMD wasn't at the top of the list.output: After a stellar run in 2023, AMD's stock price has stalled, and the company's valuation is now a subject of discussion among investors. As the tech giant prepares to release its first-quarter earnings report on Monday, April 15, speculation is rife about whether AMD's stock price will continue to climb or if investors have reached the peak of their optimism.

suggest that AMD stock could have more room to rise, especially as the company continues to invest heavily in artificial intelligence (AI) and the high-performance computing (HPC) markets. AMD's involvement in these cutting-edge technologies and its potential to generate substantial revenue from them are factors that could drive further stock appreciation.

However, some analysts believe that AMD's stock price has already priced in much of the good news, and any disappointment in earnings could lead to a sell-off. Investors have grown accustomed to AMD exceeding expectations and delivering strong revenue growth, setting a high bar for the upcoming report.

A miss on earnings could be particularly impactful, as it would disrupt the prevailing narrative of AMD's stock having significant upside potential. While the stock has pulled back from its 52-week high of over $170, it remains up around 150% from the lows hit during the 2022 bear market.

AMD's stock price movements are closely