Latest news with #ARKW
Yahoo
2 days ago
- Automotive
- Yahoo
Cathie Wood Buying the Tesla Dip, Should You?
July 25 - Tesla (TSLA, Financial) shares plunged heavily following its latest quarterly earnings release. The significant downturn prompted Cathie Wood's ARK Invest to add a combined 143,190 shares across three of its actively managed exchange-traded funds. ARK Innovation ETF (ARKK, Financial) led the purchases, buying 101,398 shares. ARK Autonomous Technology & Robotics ETF (ARKQ, Financial) acquired 24,345 shares, while ARK Next Generation Internet ETF (ARKW, Financial) added 17,447 shares. Warning! GuruFocus has detected 4 Warning Sign with PYPL. As of the update, Tesla remains the largest holding in ARKK and ARKW, representing 9.63% and 9.36% of their assets, respectively. ARKK's stake is valued at $693.13 million, ARKW's at $170.75 million, and ARKQ lists Tesla as its second-largest holding at $123.55 million. The move underscores ARK Invest's conviction in Tesla's long?term growth thesis and strategy of capitalizing on market dislocations in companies it deems leaders in transformative innovation. As of July, TSLA is down about 24%, while ARKK, ARKQ and ARKW have climbed 33%, 26% and 45% in 2025, respectively. Based on the one year price targets offered by 44 analysts, the average target price for Tesla Inc is $302.24 with a high estimate of $500.00 and a low estimate of $19.05. The average target implies a downside of -2.10% from the current price of $308.74. Based on GuruFocus estimates, the estimated GF Value for Tesla Inc in one year is $269.28, suggesting a downside of -12.78% from the current price of $308.74. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page. This article first appeared on GuruFocus.
Yahoo
15-07-2025
- Automotive
- Yahoo
Cathie Wood Is Buying Tesla Stock Here. Should You?
Tesla (TSLA) is seeing a chronic sales decline this year amidst rising competition from the likes of BYD (BYDDY), but this has not deterred influential investor Cathie Wood. The founder and chief executive of Ark Invest loaded up on nearly 60,000 TSLA shares late last week across two of her flagship funds: the ARK Innovation ETF (ARKK) and the ARK Next Generation Internet ETF (ARKW). Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy? This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. At the time of writing, Tesla stock is down more than 13% down versus its three-month high. Cathie Wood investing more than $18 million in TSLA shares last week is notably positive for investors as it signals strong conviction in the company's long-term potential. Wood is bullish on the EV stock primarily because she sees transformative potential in its robotaxi and humanoid robot initiatives. According to her, autonomous services will drive up to 90% of the automaker's future value, with software-like margins exceeding 80%. Wood even has a long-term price target of $2,600 on Tesla stock, indicating relentless confidence in its innovation pipeline, including affordable EVs and artificial intelligence enabled mobility. Despite the company's launch of robotaxi services and progress on humanoid robots, UBS analyst Joseph Spak does not share Wood's optimism on Tesla stock. On Monday, Spak reiterated his 'Sell' rating on the EV stock, citing valuation concerns. TSLA has a forward price-earnings multiple of more than 230x currently – much higher than several top AI stocks, including Nvidia (NVDA), which trades at 41x forward earnings. Additionally, the investment firm cited the 'removal of 100% margin credit revenue, and a CEO who's arguably distracted from the business,' for its bearish view on Tesla stock. UBS currently has a $215 price target on Tesla that translates to potential downside of more than 30% from current levels. Other Wall Street analysts also remain dovish on TSLA shares – especially since the EV company reported a 14% year-over-year decline in quarterly deliveries in the first week of July. The consensus rating on Tesla stock currently sits at 'Hold' only with the mean target of $297 implying 5% downside from here. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Business Insider
14-07-2025
- Business
- Business Insider
Cathie Wood Pours $18.5M into Tesla Stock, Trims ACHR, Roku, and COIN Stocks
Popular investor Cathie Wood's ARK Invest made key portfolio moves on Friday, July 11, with electric vehicle giant Tesla (TSLA) leading the day's buys. At the same time, Wood continued to offload shares of electric aircraft maker Archer Aviation (ACHR), streaming platform Roku (ROKU), and cryptocurrency exchange Coinbase (COIN). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Wood Loads Up on Tesla Stock As per the daily trade disclosures, ARK added a total of 59,705 Tesla shares across its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), amounting to a hefty $18.5 million investment. The buy highlights Wood's continued conviction in Tesla as a core long-term holding, especially amid growing interest in AI-powered autonomous vehicles. In another notable buy, the ARK Autonomous Technology & Robotics ETF (ARKQ), the firm's ETF focused on autonomous tech and robotics, made a sizable addition of 425,933 shares of Aurora Innovation (AUR), valued at $2.29 million. Aurora is a key player in the self-driving technology space. Is Tesla Stock a Buy or Sell Now? Overall, Wall Street is sidelined on Tesla stock, with a Hold consensus rating based on 14 Buys, 13 Holds, and nine Sell recommendations. The average TSLA stock price target of $295.80 indicates 5.65% downside risk from current levels. ARK Trims Stakes in Archer, Roku, and Coinbase On the sell side, ARK reduced its position in electric aircraft maker Archer Aviation (ACHR), selling 168,990 shares for roughly $1.82 million from ARKK. Meanwhile, the firm continued to trim its position in Roku and Coinbase stocks. On Friday, ARK sold 42,332 shares of ROKU worth $3.82 million across ARKK and ARKW ETFs. It also trimmed its Coinbase stake once again, offloading 5,596 shares for $2.17 million through the ARKW ETF. The transaction follows a larger sale of 16,627 shares on July 10, as ARK continued to scale back its position in the cryptocurrency exchange amid recent market volatility. Wall Street's Take on ACHR, ROKU, and COIN Turning to Wall Street, Archer stock scores a Moderate Buy consensus rating, with the average ACHR stock price target of $11.75 indicating an 11.80% possible decline from current levels. Coinbase also carries a Moderate Buy rating, with analysts' average COIN stock price target of $307.71 implying a possible 20.50% decline. In contrast, Roku shares have a Moderate Buy rating as well, but with an average ROKU stock price target of $93.79 that points to a potential upside of 5.39%.
Business Insider
12-07-2025
- Business
- Business Insider
Cathie Wood Pours $18.5M into Tesla Stock, Trims ACHR, Roku, and COIN Stocks, 7/12/2025
Popular investor Cathie Wood's ARK Invest made key portfolio moves on Friday, July 11, with electric vehicle giant Tesla (TSLA) leading the day's buys. At the same time, Wood continued to offload shares of electric aircraft maker Archer Aviation (ACHR), streaming platform Roku (ROKU), and cryptocurrency exchange Coinbase (COIN). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Wood Loads Up on Tesla Stock As per the daily trade disclosures, ARK added a total of 59,705 Tesla shares across its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), amounting to a hefty $18.5 million investment. The buy highlights Wood's continued conviction in Tesla as a core long-term holding, especially amid growing interest in AI-powered autonomous vehicles. In another notable buy, the ARK Autonomous Technology & Robotics ETF (ARKQ), the firm's ETF focused on autonomous tech and robotics, made a sizable addition of 425,933 shares of Aurora Innovation (AUR), valued at $2.29 million. Aurora is a key player in the self-driving technology space. Is Tesla Stock a Buy or Sell Now? Overall, Wall Street is sidelined on Tesla stock, with a Hold consensus rating based on 14 Buys, 13 Holds, and nine Sell recommendations. The average TSLA stock price target of $295.80 indicates 5.65% downside risk from current levels. ARK Trims Stakes in Archer, Roku, and Coinbase On the sell side, ARK reduced its position in electric aircraft maker Archer Aviation (ACHR), selling 168,990 shares for roughly $1.82 million from ARKK. Meanwhile, the firm continued to trim its position in Roku and Coinbase stocks. On Friday, ARK sold 42,332 shares of ROKU worth $3.82 million across ARKK and ARKW ETFs. It also trimmed its Coinbase stake once again, offloading 5,596 shares for $2.17 million through the ARKW ETF. The transaction follows a larger sale of 16,627 shares on July 10, as ARK continued to scale back its position in the cryptocurrency exchange amid recent market volatility. Wall Street's Take on ACHR, ROKU, and COIN Turning to Wall Street, Archer stock scores a Moderate Buy consensus rating, with the average ACHR stock price target of $11.75 indicating an 11.80% possible decline from current levels. Coinbase also carries a Moderate Buy rating, with analysts' average COIN stock price target of $307.71 implying a possible 20.50% decline. In contrast, Roku shares have a Moderate Buy rating as well, but with an average ROKU stock price target of $93.79 that points to a potential upside of 5.39%.
Business Insider
02-07-2025
- Business
- Business Insider
Cathie Wood Continues to Bet Big on AMD Stock, Offloads COIN
Ace Hedge fund manager Cathie Wood's ARK Invest ETFs (exchange-traded funds) made some interesting trades on Monday. ARK ETFs continued to bet big on chip giant Advanced Micro Devices (AMD), buying more than 350,000 shares yesterday. However, ARK again trimmed its stake in crypto stock Coinbase Global (COIN). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Cathie Wood's ARK Is Bullish on AMD Stock On Monday, ARK Invest bought 356,275 shares of Advanced Micro Devices stock across three of its funds: Ark Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). The purchase was made for a total amount of $51.24 million. Considering all ARK ETFs, AMD is the 11th-largest holding, accounting for 2.65% of the combined holdings. Previously, ARK purchased 130,256 shares of AMD on June 23. AMD stock has risen 28% over the past month and is up 17.5% year-to-date. Investor sentiment on the semiconductor giant has improved since it reported better-than-expected Q1 earnings. Moreover, several analysts are optimistic about the prospects of AMD's new artificial intelligence (AI) chips, which are expected to address concerns about the company lagging behind rival Nvidia (NVDA) in the AI race. Is AMD Stock a Buy or Sell Now? With 24 Buys and 10 Holds, Advanced Micro Devices stock scores a Moderate Buy consensus rating. The average AMD stock price target of $133.55 indicates 6% downside risk. ARK Trims Holdings in COIN and ESLT Stocks ARK has been trimming its holdings in crypto exchange Coinbase Global, offloading 124,892 shares across the ARKK, ARKW, and ARKF ETFs on Monday for $44.14 million. Earlier, ARK offloaded 112,729 COIN shares on June 27 and 33,363 shares on June 26. Meanwhile, military technology and defense contractor Elbit Systems (ESLT) saw a sale of 1,160 shares by the ARK Autonomous Technology & Robotics ETF (ARKQ) and ARK Space Exploration & Innovation ETF (ARKX) ETFs for a total value of $503,799. Turning to Wall Street, Coinbase stock scores a Moderate Buy consensus rating, with the average COIN stock price target of $198.15 indicating a 15% possible decline from current levels. Meanwhile, Elbit Systems earns a Hold consensus rating, with the average ESLT stock price target reflecting a 6.9% downside risk.
