Cathie Wood's Ark Invest Makes Major Quantum-Si Purchase — Loads Up On 1.4M Shares Of Semiconductor Firm
Portfolio Pulse from Benzinga Neuro
Ark Invest, led by Cathie Wood, purchased over 1.4 million shares of Quantum-Si Inc (NASDAQ:QSI) valued at $3.7 million. This is the largest purchase of Quantum-Si shares by Ark Invest so far. The shares were bought through the Ark Genomic Revolution ETF (ARKG). Ark Invest also sold shares of Kratos Defense & Security (NASDAQ:KTOS), Codexis Inc (NASDAQ:CDXS), and Schrodinger Inc (NASDAQ:SDGR), and bought shares of Teradyne Inc (NASDAQ:TER).
July 14, 2023 | 3:39 am
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NEGATIVE IMPACT
Ark Invest's sale of Codexis shares could negatively impact the stock price in the short term.
Ark Invest's sale of shares could be interpreted as a lack of confidence in the company's prospects, which could influence other investors to sell, potentially driving the stock price down.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
Ark Invest's sale of Kratos Defense & Security shares could negatively impact the stock price in the short term.
Ark Invest's sale of shares could be interpreted as a lack of confidence in the company's prospects, which could influence other investors to sell, potentially driving the stock price down.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
Ark Invest's sale of Schrodinger shares could negatively impact the stock price in the short term.
Ark Invest's sale of shares could be interpreted as a lack of confidence in the company's prospects, which could influence other investors to sell, potentially driving the stock price down.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Ark Invest's significant purchase of Quantum-Si shares could boost investor confidence and potentially drive the stock price up in the short term.
Ark Invest's large purchase indicates strong confidence in Quantum-Si's prospects, which could influence other investors to buy, potentially driving the stock price up.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ark Invest's purchase of Teradyne shares could boost investor confidence and potentially drive the stock price up in the short term.
Ark Invest's purchase indicates confidence in Teradyne's prospects, which could influence other investors to buy, potentially driving the stock price up.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60