Crypto World
Cathie Wood’s ARK Buys $9.67M in Roblox Stock, Dumps PagerDuty
TLDR
- ARK Invest purchased 145,603 Roblox shares worth $9.67 million across three ETFs on February 9, 2026.
- The buy followed Roblox’s strong fourth-quarter results and improved bookings forecast from the gaming company.
- ARK continued selling PagerDuty stock, offloading $1.18 million worth of shares in its fifth consecutive day of reductions.
- The firm added healthcare positions in Recursion Pharmaceuticals and TharImmune while trimming digital ad stocks.
- Total sales included Pinterest and The Trade Desk as ARK shifts focus toward gaming and AI-driven healthcare.
Cathie Wood’s ARK Invest executed major portfolio moves on February 9, 2026. The firm bought 145,603 shares of Roblox worth $9.67 million across three exchange-traded funds.
ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF all participated in the purchase. The transaction represents one of ARK’s largest single-stock buys in recent trading sessions.
The Roblox purchase came days after the company released fourth-quarter earnings. The gaming platform posted results that exceeded Wall Street expectations. Management also issued positive guidance for upcoming bookings.
Several analysts have raised their price targets on Roblox stock. They point to increased engagement from users and higher spending patterns. Older demographics are spending more on the platform, which analysts view positively.
Healthcare and AI Investments Grow
ARK expanded its healthcare portfolio with two purchases on February 9. The firm bought 156,272 shares of Recursion Pharmaceuticals for $622,000. The biotech company uses artificial intelligence for drug discovery.
ARK also acquired 54,600 shares of TharImmune valued at $226,000. Both purchases align with Wood’s strategy of backing companies using technology to develop new medicines.
Additional buys included 2,114 shares of Kodiak AI worth $19,343. ARK added 444 shares of Tempus AI for $24,380. The firm also purchased 57,164 shares of Bullish totaling $1.57 million.
ARK Reduces Software and Ad Tech Exposure
ARK sold 147,125 shares of PagerDuty for approximately $1.18 million. The sale marks the fifth straight trading day ARK has reduced this position. Shares were sold through ARK Innovation ETF and ARK Next Generation Internet ETF.
The repeated selling indicates declining conviction in PagerDuty stock. The company provides incident management software for IT departments. ARK has now trimmed its stake substantially over the past week.
Pinterest was another stock ARK reduced. The firm sold 46,800 shares worth roughly $917,000. ARK also cut its Trade Desk position by 24,157 shares for about $653,000.
Both Pinterest and The Trade Desk generate revenue from digital advertising. The sales suggest ARK is moving capital away from ad-dependent business models. The firm appears to be favoring gaming and healthcare technology instead.
ARK sold 497 shares of Qualcomm for $68,257. This represents a minor position adjustment in the semiconductor sector.
Total sales on February 9 reached approximately $2.82 million. Combined with purchases of roughly $12.15 million, ARK increased its net equity exposure. The buying pattern shows Wood is deploying more capital into preferred holdings.
The portfolio changes reflect ARK’s focus on companies with strong growth potential. Roblox leads the buys while PagerDuty continues facing selling pressure. Healthcare and AI stocks received additional investment as digital advertising names were reduced.
