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ARK Investment Acquires 189K Shares of CRISPR Therapeutics (CRSP): A Strategic Investment in Gene-Editing Pioneer
ByAinvest
Tuesday, Aug 26, 2025 7:43 am ET1min read
ARK Investment Management has increased its stake in CRISPR Therapeutics by purchasing 189,000 shares, reflecting a strategic investment decision in the gene-editing company. CRISPR Therapeutics is a leading biotechnology firm with a market capitalization of $4.92 billion, leveraging its innovative CRISPR/Cas9 technology to address high unmet medical needs. Despite revenue declines, the company's balance sheet remains robust, but it faces profitability challenges and intense competition in the biotechnology sector.
ARK Investment Management has significantly increased its stake in CRISPR Therapeutics AG (CRSP) by purchasing an additional 189,000 shares. This strategic move reflects ARK's bullish stance on the gene-editing company, which is a leading biotechnology firm with a market capitalization of $4.92 billion [1].CRISPR Therapeutics leverages its innovative CRISPR/Cas9 technology to address high unmet medical needs. Despite recent revenue declines, the company's balance sheet remains robust. However, it faces profitability challenges and intense competition in the biotechnology sector.
ARK's latest purchase follows a series of notable transactions. On Monday, August 25th, 2025, ARK sold 141,194 shares of Roku Inc (ROKU) and bought 188,879 shares of CRISPR Therapeutics AG (CRSP), totaling $10,259,907 [2]. This transaction indicates a strategic pivot towards biotech companies, particularly those involved in gene editing and therapeutics.
Additionally, ARK has been consistently accumulating shares in Intellia Therapeutics Inc (NTLA) and PagerDuty Inc (PD), signaling a growing interest in the biotechnology and cloud computing sectors [2].
The increase in ARK's stake in CRISPR Therapeutics comes amidst strong analyst support. On August 7, H.C. Wainwright reiterated a 'Buy' rating on the stock and raised the price target to $80 from $65, reflecting the company's impressive performance and growth potential [3].
While CRISPR Therapeutics faces significant challenges, its innovative technology and strong backing from investors like ARK position it as a key player in the biotech sector. Investors following ARK's trades may interpret these moves as a sign of Wood's shifting focus towards innovative healthcare solutions and away from some of her previous tech favorites.
References:
[1] https://www.investing.com/news/company-news/cathie-woods-ark-shifts-focus-buys-crsp-stock-sells-roku-93CH-4209981
[2] https://finance.yahoo.com/news/h-c-wainwright-lifts-crispr-042128397.html
[3] https://www.ainvest.com/news/trump-hints-investment-deals-intel-stake-2508/
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