/A%20Palantir%20office%20building%20in%20Tokyo_%20Image%20by%20Hiroshi-Mori-Stock%20via%20Shutterstock_.jpg)
Cathie Wood’s Ark Invest began the new year with a focus on innovation themes like autonomy, gene editing, and advanced air mobility. Wood added names like Archer Aviation (ACHR) and Joby Aviation (JOBY), as well as Deere and Company (DE) as a growing autonomy play. Ark Invest also added some healthcare names to its holdings. However, one name that stood out in particular was Palantir; Wood let go of approximately 58,000 shares of the software company.
The PLTR stock sale has a lot to do with profit taking and rebalancing, and amounts to less than 15% of Wood's total stake in the company. So, it doesn’t necessarily suggest there's anything wrong with the company, which is going strong. For example, Wedbush analyst Dan Ives selected Palantir stock as one of his top picks for 2026. Ives believes Palantir is on its way to becoming a trillion-dollar company.
