Cathie Hout-led Ark Invest made notable trades on Wednesday, involving Netflix Inc. (NASDAQ:NFLX), Tempus AI Inc. (NASDAQ:TEM)And Pinterest Inc. (NYSE: PINS). These transactions take place amid significant market developments for each company, providing a strategic opportunity for Ark’s investment strategy.
The Netflix business
ARK Next Generation Internet ETF (BATS:ARKW) acquired 83,368 shares of Netflix Inc. The purchase follows Netflix’s recent earnings report, which showed mixed results. Despite beating earnings per share expectations by a reported 56 cents, Netflix’s first-quarter expectations fell short of expectations, leading to a decline in its stock price. The stock closed at $85.36, down 2.18% from the day before. This acquisition by Ark is valued at approximately $7.11 million.
The Tempus AI Trade
ARK Genomic Revolution ETF (BATS:ARKG) and ARK Innovation ETF (BATS:ARKK) jointly purchased 89,501 shares of Tempus AI.
The move comes after Tempus AI reported impressive growth in its diagnostics segment, with revenues of $955 million, up 111% year-over-year, according to the company’s preliminary fourth-quarter and full-year 2025 results released earlier this month.
The stock took a slight dip to close at $65.32, down 2.19% on Wednesday. The total value of Ark’s purchase is estimated at $5.85 million.
The Pinterest business
Meanwhile, Ark’s ARKW fund decided to sell 118,823 shares of Pinterest. In November, the social media platform said it expected fourth-quarter revenue of $1.31 to $1.34 billion, compared to estimates of about $1.34 billion, and forecast adjusted EBITDA of $533 to $558 million.
The stock closed at $24.99, down 1.58%. The sale was valued at approximately $2.97 million.
Other important transactions:
- ARKG sold 21,286 shares of Beam Therapeutics Inc., And SHEET sold 113,907 shares.
- ARQ bought 111,439 shares of WeRide Inc.
- ARKW sold 87,999 shares of GitLab Inc.
- ARCHX acquired 8,817 shares of Trimble Inc.
Benzinga Edge Stock Rankings indicate that Tempus AI stock has 80th percentile momentum. The stock follows the long price trend.
Photo courtesy: Ira Lichi at Shutterstock.com
This story was generated with the help of Benzinga Neuro and edited by Shivdeep Dhaliwal
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