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ARK Investment buys 560K shares of Intellia Therapeutics

2025-08-19 17:23

 

  • Cathie Wood's ARK Investment has purchased 560,600 shares of  biotech and gene editing company Intellia Therapeutics (NASDAQ:NTLA).
  • The stock has a Seeking Alpha quant rating of Hold, with the factor grades given to momentum.
  • SA Investing Group Leader Edmund Ingham recently upgraded his rating to Buy, citing its lead gene-editing therapies, Lonvo-z and Nex-z, potential with 'one and done' treatment and strong early efficacy and safety data. ''Despite risks, I see NTLA stock as a compelling long-term Buy with triple-digit percentage upside if efficacy and safety are confirmed in late-stage trials." he wrote.
  • The stock price traded ~1% higher to $10.83 on Monday during after-market hours of trading.

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