Ark Invest Buys $11.4M of Tempus AI Shares, Sells $748K Pinterest Stake
Ark Invest purchased 212,825 Tempus AI shares for $11.4 million after the stock fell 7.3% to $53.71 following a Q4 loss of $0.04 per share. On the same day, Ark sold 42,563 Pinterest shares worth $747,832 via ARKF and ARKW after a Q4 revenue miss and Q1 guidance of $951M–$971M.
1. Tempus AI Purchase
Ark Invest’s ARK Innovation and ARK Genomic Revolution ETFs acquired 212,825 shares of Tempus AI totaling $11.4 million at a closing price of $53.71. This purchase followed a 7.32% decline in the stock after the company reported a fourth-quarter loss of $0.04 per share.
2. Pinterest Sale Through ARKF
Ark sold 42,563 Pinterest shares valued at $747,832 through its ARK Blockchain & Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW). The sale came after Pinterest reported Q4 revenue of $1.3 billion versus estimates of $1.33 billion and guided Q1 revenue to $951 million–$971 million.
3. Other Key Trades
In addition to the Tempus AI purchase and Pinterest sale, Ark divested 1.14 million PagerDuty shares via ARKK, bought 58,301 Symbotic shares through ARKQ, and sold 36,430 DraftKings shares across ARKK and ARKW, indicating ongoing portfolio adjustments.