Ark Investment (ARKK, $$95.64) sold $22.3 million of Tesla shares
On Tuesday, Cathie Wood’s Ark Investment Management sold 20,446 shares of Tesla. That is estimated to be around $22.3 million.
The sale took place via the Ark Innovation ETF, the Ark Next Generation Internet ETF, and the Ark Autonomous Technology & Robotics ETF. These three ETFs held 1.84 million shares of Tesla worth about $2.01 billion ahead of Tuesday’s trade.
Tesla is Ark’s largest holding.
According to Ark’s forecast, Tesla shares would hit $3,000 by the end of 2025.
Momentum Indicator for ARKK turns positive, indicating new upward trend
ARKK saw its Momentum Indicator move above the 0 level on September 11, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 85 similar instances where the indicator turned positive. In of the 85 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for ARKK just turned positive on September 11, 2025. Looking at past instances where ARKK's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ARKK advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARKK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ARKK broke above its upper Bollinger Band on September 11, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
Category MidCapGrowth
Advertisement