--- title: "Cathie Wood Sells Palantir Stock After Blowout Earnings, Ark Invest Doubles Down on Cerebras Systems" type: "News" locale: "en" url: "https://longbridge.com/en/news/295879311.md" description: "Ark Invest, led by Cathie Wood, sold approximately $7.9 million in Palantir stock following its strong Q2 earnings, while simultaneously purchasing around $24.7 million in Cerebras Systems shares. The firm also executed other trades, including selling Shopify and buying Securitize and Perceptive Capital Solutions." datetime: "2026-08-14T02:30:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295879311.md) - [en](https://longbridge.com/en/news/295879311.md) - [zh-HK](https://longbridge.com/zh-HK/news/295879311.md) generator: "portal-rs" --- # Cathie Wood Sells Palantir Stock After Blowout Earnings, Ark Invest Doubles Down on Cerebras Systems On Thursday, **Cathie Wood**-led **Ark Invest** executed significant trades involving **Palantir Technologies Inc.** (NASDAQ:PLTR) and **Cerebras Systems Inc.** (NASDAQ:CBRS). ## The Palantir Trade Ark Invest made a notable move by selling shares of Palantir across its **ARK Innovation ETF** (BATS:ARKK) and ARK Next Generation Internet ETF (BATS:ARKW). The sale involved 28,675 shares in ARKK and 15,199 shares in ARKW. At the closing price of $179.01, the total value of these transactions amounted to approximately $7.9 million. Palantir’s stock has been on an upward trajectory, driven by impressive second-quarter results. The company reported a 93% increase in revenue and a substantial rise in operating cash flow, reaching $1.22 billion. This growth is attributed to its strong U.S. commercial division, which saw a 149% increase in revenue to $764 million. Palantir’s government-AI initiatives, particularly its collaboration with the Pentagon, have further bolstered its market position. **Read Also: SpaceX Pre-IPO Fraud: SEC Charges Adit Ventures Over Alleged Misconduct — CEO Eric Munson Rejects Allegations 'Completely’** ## The **Cerebras** Trade Ark Invest also made a significant purchase of **Cerebras Systems Inc.** shares, acquiring 83,366 shares in **ARKK** and 23,575 shares in **ARKW**. The total value of this acquisition, based on the closing price of $231.01, was approximately $24.7 million. Recentlt, the company reported a narrower-than-expected adjusted loss of 4.5 cents per share, compared to the anticipated 17 cents per share. While sales fell short of expectations, core revenue reached a record $209.9 million, reflecting a 103% year-over-year increase. Cerebras’ strategic shift away from **Nvidia** dependence and its promising 2027 outlook are key factors influencing investor sentiment. ## Other Key Trades - Sold 7,384 shares of **Shopify Inc.** (SHOP) in ARKF, 32,458 shares through **ARKK** and 17,203 shares via **ARKW**. - Bought 192,702 shares of **Securitize Corp**. (SECZ) in **ARKF**. - Bought 123,842 shares of **Perceptive Capital Solutions Corp**. (FRNM) in **ARKG.** - Sold 49,451 shares of **10x Genomics, Inc.** (TXG) in ARKK and 1,720 shares through **ARKG.** **Benzinga Edge Stock Rankings** indicate Palantir stock has a Momentum score in the 74th percentile and Value score in the 1st percentile. **Read Also: SanDisk, Workday, Applied Materials, Netflix and Reddit: Why These 5 Stocks Are on Investors' Radars Today** *Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo: PJ McDonnell / Shutterstock* ### Related Stocks - [PCSC.US](https://longbridge.com/en/quote/PCSC.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [SHOP.US](https://longbridge.com/en/quote/SHOP.US.md) - [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md) - [SECZ.US](https://longbridge.com/en/quote/SECZ.US.md) - [PLTU.US](https://longbridge.com/en/quote/PLTU.US.md) - [PLTG.US](https://longbridge.com/en/quote/PLTG.US.md) - [PTIR.US](https://longbridge.com/en/quote/PTIR.US.md) - [PLTW.US](https://longbridge.com/en/quote/PLTW.US.md) - [SHPU.US](https://longbridge.com/en/quote/SHPU.US.md) - [PLT.US](https://longbridge.com/en/quote/PLT.US.md) - [PLOO.US](https://longbridge.com/en/quote/PLOO.US.md) - [PLTZ.US](https://longbridge.com/en/quote/PLTZ.US.md) - [PLTD.US](https://longbridge.com/en/quote/PLTD.US.md) - [SHPD.US](https://longbridge.com/en/quote/SHPD.US.md) - [PLTA.US](https://longbridge.com/en/quote/PLTA.US.md) - [PLTY.US](https://longbridge.com/en/quote/PLTY.US.md) - [PLYY.US](https://longbridge.com/en/quote/PLYY.US.md) - [CBRX.US](https://longbridge.com/en/quote/CBRX.US.md) - [CBRG.US](https://longbridge.com/en/quote/CBRG.US.md) - [CBRZ.US](https://longbridge.com/en/quote/CBRZ.US.md) - [ARKK.US](https://longbridge.com/en/quote/ARKK.US.md) - [ARKW.US](https://longbridge.com/en/quote/ARKW.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [ARKF.US](https://longbridge.com/en/quote/ARKF.US.md) - [FRNM.US](https://longbridge.com/en/quote/FRNM.US.md) - [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md) - [TXG.US](https://longbridge.com/en/quote/TXG.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [WDAY.US](https://longbridge.com/en/quote/WDAY.US.md) - [AMAT.US](https://longbridge.com/en/quote/AMAT.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [RDDT.US](https://longbridge.com/en/quote/RDDT.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [EXCLUSIVE-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir](https://longbridge.com/en/news/300305180.md) - ['It's Even Bigger,' Says Investor About Palantir Stock](https://longbridge.com/en/news/299894420.md) - [Cerebras CTO Sean Lie disposes of common shares worth $23.90 million](https://longbridge.com/en/news/300343929.md) - [Palantir Just Got a Major Vote of Confidence From the FAA](https://longbridge.com/en/news/299926207.md) - [Cerebras (CBRS) Lands 100MW AI Infrastructure Deal With Gimlet Labs](https://longbridge.com/en/news/300477560.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**