What's this? This is an unbiased just-the-facts news timeline ('newsline') about ARK Investment Management, created by Newslines contributors. Become a contributor

ARK Investment Management

ARK Investment Management2 posts
Latest News view > Click for Biography view
23 Mar, 2023

ARK sells $27m Tesla stock, buys Coinbase

Stock purchaseStock sale0 Comments

ARK Investment Management’s Cathy Wood sells off $26.84 million of Tesla (TSLA) stock, at a closing price of $192.22, buying shares of Coinbase (COIN) instead. For a total of 139,642 TSLA shares, Wood’s firm sold 119,630 from its ARK Innovation ETF (ARKK) and 20,012 from the ARK Next Generation Internet ETF (ARKW).

8 Mar, 2023

ARK buys more Tesla stock

Stock purchase0 Comments

ARK  buys 69,356 Tesla shares, adding to the 1.3 million shares the firm purchased in December and January. This latest purchase adds about $12.6 million to ARK’s holdings in the electric vehicle company, based on the stock’s (TSLA) current market value.