Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost

08/07/2025

Donald Trump-linked Truth Social rumored to enter memecoin mania

08/07/2025

Could ‘Reaper Actual’ be the breakout crypto shooter?

08/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Trader Who Called 2021 Bitcoin and Crypto Collapse Says Key Indicator Now Flashing Green

    08/07/2025

    Silent Payments: The upgrade Bitcoin can’t afford to ignore

    08/07/2025

    U.K.’s Smarter Web Company adds $2.7m worth of Bitcoin to its holdings

    08/07/2025

    Crypto expert predicts Bitcoin to hit $147,000 in 2025

    08/07/2025

    What to Expect for Bitcoin (BTC) and Ethereum (ETH) in July? Will There Be a Big Rise? Analyst Explains!

    08/07/2025

    Ethereum rides DeFi peak to all-time high valuation of active loans

    08/07/2025

    ETH Coin Looking RISKY, Here’s a Breakdown

    08/07/2025

    Ethereum price action confirms bull trap at $2,550: major support level lost

    08/07/2025

    Donald Trump-linked Truth Social rumored to enter memecoin mania

    08/07/2025

    Avalanche price spikes as active addresses hit 950k

    08/07/2025

    Doodles’ DOOD token falls on launch, but team is planning its future

    08/07/2025

    XRP overtakes USDT as third-largest crypto after 10% price surge in 24 hours

    08/07/2025

    What are Floki’s Flokitars?

    07/07/2025

    Top NFTs Trending Today, Courtyard Leading the Pack

    06/07/2025

    NFT Market Sees Recovery, Records 17.23% in Weekly Sales, Guild of Guardians Leads Sales with $29.61 Million

    05/07/2025

    You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million

    04/07/2025

    No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost

    08/07/2025

    Donald Trump-linked Truth Social rumored to enter memecoin mania

    08/07/2025

    Could ‘Reaper Actual’ be the breakout crypto shooter?

    08/07/2025

    Saudi Arabia Sees 51% Surge in Blockchain Business Registrations in Q2 2025

    08/07/2025
  • Blockchain

    Saudi Arabia Sees 51% Surge in Blockchain Business Registrations in Q2 2025

    08/07/2025

    Plume Network Brings Real-World Yield to TRON’s Global Payment Ecosystem via SkyLink Integration

    08/07/2025

    Decent Labs Launches Tokenization Platform for U.S. Startups

    08/07/2025

    Cartesi’s PRT Honeypot Becomes Stage 2 Rollup App Following L2BEAT Recategorization

    08/07/2025

    Crypto.com Custody Brings Institutional Power to TON Blockchain

    08/07/2025
  • DeFi

    Why Hyperliquid, Sui, & Avalanche Join the Top 10 List, Ethereum Maintains Lead

    08/07/2025

    Pump.fun revenue plummeted over 90% from historical peak

    08/07/2025

    Threshold’s Bitcoin Backed tBTC Debuts on Sui, Unlocking $500M in Liquidity

    07/07/2025

    Kuru Labs’ $11.6m round sets stage for the ultimate DEX experiment

    07/07/2025

    SFT Protocol Partners with Satoshi Network to Expand Web3 Adoption and GamiFy DeFi

    07/07/2025
  • Metaverse

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025
  • Regulation

    No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost

    08/07/2025

    MetaPlanet to Launch Bitcoin-Backed Stock Offering 10% Yield in Japan

    08/07/2025

    Fed Rate Cut Odds Plummet Below 5%—What Does It Mean for Crypto?

    08/07/2025

    73% of Crypto Investors Support Trump’s Digital Asset Policy

    08/07/2025

    Dogecoin, Solana, Ethereum Drive Crypto Markets Higher as Bitcoin Stays Flat

    08/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Alchemy Pay Unlocks Fiat Ramps for $BLUM, Powering Global Access

    07/07/2025

    Bitrue opens stock trading to the 24/7 blockchain clock, but there’s a fine print

    07/07/2025

    Arbitrum DEX Swap Volume Crosses $500B and Still Growing

    07/07/2025

    AscendEX and FXH AI Launch ‘ChainLinking Vietnam’ to Advance Web3 Compliance

    07/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Could ‘Reaper Actual’ be the breakout crypto shooter?

    08/07/2025

    Planetside Dev’s ‘Reaper Actual’, What’s Next for ‘MapleStory Universe’

    07/07/2025

    Why loyalty is becoming web3 gaming’s next essential layer

    06/07/2025

    FLOKI Advances Blockchain Gaming Ambitions With Valhalla Mainnet Launch and Esports Partnership

    05/07/2025

    Bitcoin Miner CleanSpark Produced 685 BTC in June, Hit 16.15 J/TH in Efficiency

    08/07/2025

    BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June

    08/07/2025

    Record Revenue and Monumental AI Cloud Expansion in June

    08/07/2025

    Russia launches national crypto mining registry to crack down on illegal operations

    07/07/2025

    Could Hong Kong Replace Singapore as a Regional Crypto Hub?

    08/07/2025

    Trump Signs Big Beautiful Bill Into Law on Independence Day

    07/07/2025

    Will Tether’s USDT Get Banned in the US When the GENIUS Act Becomes Law?

    07/07/2025

    Regulators Race to Counter US Stablecoin Grip on European Market

    07/07/2025

    No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost

    08/07/2025

    Donald Trump-linked Truth Social rumored to enter memecoin mania

    08/07/2025

    Could ‘Reaper Actual’ be the breakout crypto shooter?

    08/07/2025

    Saudi Arabia Sees 51% Surge in Blockchain Business Registrations in Q2 2025

    08/07/2025
  • MarketCap
NBTC News
Home»Regulation»Cathie Wood sells $17 million worth of this tech stock in just one week  — What’s happening?
Regulation

Cathie Wood sells $17 million worth of this tech stock in just one week  — What’s happening?

NBTCBy NBTC17/01/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Cathie Wood, CEO and Chief Investment Officer of Ark Investment Management (ARKK), has drawn attention after offloading $17 million worth of Palantir (NASDAQ: PLTR) stock in the first week of January 2025.

The sale, which saw Wood’s ARK Funds unload 221,950 shares between January 3 and January 7, comes as concerns mount over Palantir’s lofty valuation following its sharp rally in 2024.

Despite trimming the position, Palantir remains a major holding in the ARK Innovation ETF, accounting for 5.7% of the fund’s portfolio, according to data from StockCircle.

The stock, however, has struggled in early 2025. As of the market close on January 10, Palantir stocks were trading at $67.26, reflecting a five-day loss of 10%. In premarket trading on January 13, the stock continued its decline, down an additional 4.16%.

Consistent trimming by Cathie Wood

Wood’s latest sale follows a pattern of consistent trimming in December 2024, when ARK Funds sold significant portions of Palantir shares.

On December 6, Wood’s fund sold 95,570 shares worth $7.3 million. Later, on December 19, 33,402 shares were sold for $2.5 million, followed by another 168,510 shares between December 23 and 26, valued at $13.8 million.

These sales, coupled with aggressive insider selling by Palantir executives, including CEO Alex Karp, have raised concerns about the stock’s elevated valuation.

For instance, Karp alone sold over $1.2 billion worth of shares in late 2024, while Chairman Peter Thiel offloaded over $1 billion during the same period.

More recently, insider Ryan D. Taylor executed a major transaction, selling 483,987 shares and earning approximately $36.05 million from the sale as reported by Finbold.

Palantir’s strong growth prospects

Despite the recent pullback, Palantir was one of Nasdaq’s best performers in 2024, with its stock soaring an impressive 365% over the year.

The rally was fueled by robust demand for its AI-powered data analytics solutions and its inclusion in the S&P 500 Index, which boosted investor sentiment.

Palantir’s AI Platform (AIP) played a crucial role in driving growth, with its commercial revenue in the U.S. segment surging 54% year-over-year during Q3 2024. The government segment also posted robust results, with revenue increasing by 40% over the same period.

The company’s success is driven by its ability to secure significant contracts, including 104 deals worth over $1 million each in Q3 2024, boosting its total contract value (TCV) to $1.1 billion.

Palantir’s strong operating margins, which improved to 38% in Q3 from 29% a year earlier, further highlights its robust financial health. Moreover, with $4.6 billion in cash and no debt as of Q3 2024, the company has the flexibility to invest in growth opportunities, pursue acquisitions, and innovate further.

Valuation concerns loom large

While Palantir’s growth prospects are compelling, its valuation has raised concerns. The stock currently trades at a price-to-sales (P/S) ratio of 56.44x and a forward price-to-earnings (P/E) ratio of 146.15x, far exceeding industry averages, according to data from StockAnalysis.

Morgan Stanley (NYSE: MS) recently downgraded the stock to ‘Underweight,’ with a price target of $60.

Analyst Sanjit Singh highlighted that Palantir’s current market price already factors in an ambitious 10-year growth trajectory with a 30% compound annual growth rate (CAGR) and 41% free cash flow (FCF) margins—figures that may prove challenging to achieve.

While Palantir’s long-term growth prospects remain promising, its sharp rally has made it vulnerable to heightened volatility.

For investors, the potential for further upside must be carefully weighed against the risk of a significant pullback, particularly if the company’s performance fails to meet its ambitious growth expectations.

Featured image via Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost

08/07/2025

MetaPlanet to Launch Bitcoin-Backed Stock Offering 10% Yield in Japan

08/07/2025

Fed Rate Cut Odds Plummet Below 5%—What Does It Mean for Crypto?

08/07/2025

73% of Crypto Investors Support Trump’s Digital Asset Policy

08/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost

08/07/2025

Donald Trump-linked Truth Social rumored to enter memecoin mania

08/07/2025

Could ‘Reaper Actual’ be the breakout crypto shooter?

08/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.