ARK Invest Sells $12.7M in Meta Shares, Acquires $12.8M in Roblox Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
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Source: Benzinga
- Meta Share Divestment: On Tuesday, ARK Invest sold 19,316 shares of Meta for approximately $12.7 million, reflecting a strategic shift amid delays in the global launch of Ray-Ban smart glasses, indicating a prioritization of domestic demand.
- Roblox Share Acquisition: The same day, ARK Invest acquired 169,130 shares of Roblox valued at about $12.8 million through its ETFs, demonstrating confidence in the company's gaming market potential, despite analysts lowering future price targets.
- Investment in Kodiak AI: ARK purchased 39,296 shares of Kodiak AI for approximately $381,171, highlighting ongoing interest in the driverless truck sector, although the company's market performance remains to be seen.
- Other Trading Activities: ARK also sold 17,613 shares of Guardant Health and 7,228 shares of Ionis Pharmaceuticals, showcasing flexibility and strategic adjustments within its diversified investment portfolio.
Analyst Views on KDK
Wall Street analysts forecast KDK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KDK is 14.38 USD with a low forecast of 13.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.210
Low
13.00
Averages
14.38
High
17.00
Current: 9.210
Low
13.00
Averages
14.38
High
17.00
About KDK
Kodiak AI Inc is a provider of artificial intelligence (AI)-powered autonomous vehicle (AV) technology that is designed to help tackle some of the toughest driving jobs. The Company's driverless solution can help address the critical problem of safely transporting goods in the face of unprecedented supply chain challenges. It has developed the Kodiak Driver, a virtual driver that combines advanced AI-powered software with modular and vehicle-agnostic hardware designed to help address its customers' needs. The Kodiak Driver is designed to operate across a variety of environments. It is a single, common technology platform that is designed to operate across multiple vehicle types and in a variety of driving domains. The Kodiak Driver is designed to see the road, analyze its surroundings, use limited pre-existing information and incorporate real-time perception. The Company serves customers in the long-haul trucking, industrial trucking and defense industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
