In this article, we will list the 5 Tech Stocks to Sell Right Now According to Cathie Wood. Please visit 10 Tech Stocks to Sell Right Now According to Cathie Wood if you would like to see the extended list and the methodology behind it.
5. Gilat Satellite Networks Ltd. (NASDAQ:GILT)
Percentage of stake sold by ARK Investment Management: 40%
Number of Hedge Fund Holders: 16
Gilat Satellite Networks Ltd. (NASDAQ:GILT) is one of the tech stocks to sell right now, according to Cathie Wood. By Q3 2025, ARK Investment owned 246,235 shares of Gilat Satellite Networks Ltd. (NASDAQ:GILT) valued at $3.2 million. By the close of Q4, it had cut its stake by 40%, holding 148,721 shares worth $1.9 million.
On March 10, Gilat Satellite Networks Ltd. (NASDAQ:GILT) announced that its unit, Gilat DataPath, had received a $6 million order.
Photo by Tima Miroshnichenko on Pexels
The $6 million in new orders paves the way for the company to continue delivering field and technical services support to the US Army over the next six months. The order also extends the company’s support for another period as part of a multiyear engagement with the U.S. Army’s Program Executive Office for Command, Control, and Communications Networks (PEO C3N) under the GTACS II contract vehicle.
Earlier, on March 4, Gilat Satellite Network received a multi-million-dollar order from an in-flight connectivity integrator. The order is for AeroStream Ka Band wideband amplifiers designed to support commercial aviation connectivity. Deliveries are scheduled for the next 24 months. The order came on the heels of the company demonstrating 3GPP-compliant 5G Non-Terrestrial Network connectivity over a Geostationary Earth Orbit satellite.
Gilat Satellite Networks Ltd. (NASDAQ:GILT) is a global leader in satellite-based broadband communications, designing and manufacturing ground segment equipment, satellite terminals, and network management software. It specializes in providing end-to-end connectivity solutions for commercial, defense, and government applications, including cellular backhaul, in-flight connectivity, and satellite on-the-move (SOTM).
4. GitLab Inc. (NASDAQ:GTLB)
Percentage of stake sold by ARK Investment Management: 75%
Number of Hedge Fund Holders: 59
Gitlab Inc. (NASDAQ:GTLB) is one of the tech stocks to sell right now, according to Cathie Wood. In Q3 2025, ARK Investment Management held 3.44 million shares of Gitlab Inc. (NASDAQ:GTLB) valued at $155 million, but by Q4, it had slashed its stake by 75% to 864,000 shares worth $32.4 million.
On March 19, Gitlab Inc. (NASDAQ:GTLB) announced plans to make it easier and more affordable to use agentic capabilities across the entire software development cycle.
The company released GitLab 18.10, making it easier for customers to access agentic capabilities at low cost. Organizations on the free tier can leverage the GitLab Duo Agent platform by purchasing a monthly GitLab Credits commitment. Consequently, software teams can scale their development process within their budget and timeline constraints. GitLab Credits is designed to offer developers visibility into various AI agents and flows that consume credits, while also connecting AI activity to software delivery work.
Earlier on March 9, Bernstein SocGen Group reiterated an Outperform rating and a $60 price target on GitLab. The research firm remains confident about the company’s outlook as the adoption of the GitLab Duo product remains strong. In addition, the company maintains a durable strategic positioning amid large language models.
Gitlab Inc. (NASDAQ:GTLB) develops and operates a comprehensive DevSecOps platform delivered as a single application, allowing teams to plan, build, secure, and deploy software faster. Unlike traditional development that requires separate tools for each step, GitLab provides an all-in-one solution that integrates source code management, continuous integration/continuous deployment (CI/CD) pipelines, and security monitoring.
3. Ibotta, Inc. (NYSE:IBTA)
Percentage of stake sold by ARK Investment Management: 100%
Number of Hedge Fund Holders: 9
Ibotta Inc. (NYSE:IBTA) is one of the tech stocks to sell right now, according to Cathie Wood. In Q3 2025, ARK Investment Management had 907,386 shares of Ibotta Inc. (NYSE:IBTA) valued at $25.3 million, but by year‑end the firm completely exited its position.
On March 11, Ibotta Inc. (NYSE:IBTA) board of directors approved an additional $100 million share repurchase authorization for Class A common stock. The new authorization is poised to supplement the initial $300 million buyback program.
The $100 million buyback boost underscores the board’s confidence in the company’s long-term growth prospects. It also affirms commitment to returning value to shareholders at the back of a disciplined capital allocation strategy. The increase also comes on the heels of Ibotta Inc. (NYSE:IBTA) delivering solid fourth-quarter and full-year 2025 results.
Revenue in the quarter reached $88.5 million, representing a 7% beat versus the guidance midpoint of $82.5 million. Adjusted earnings in the quarter totaled $13.7 million, exceeding the guidance midpoint by 31% and well above the $10.5 million that analysts expected. Full-year revenue came in at $342.4 million, down 7% from $367.3 million in the prior year.
Ibotta, Inc. (NYSE:IBTA) is a digital performance marketing company that operates a mobile app and platform that allows users to earn cash back on groceries, retail items, and online purchases. The company connects consumer packaged goods (CPG) brands with over 200 million consumers, utilizing a pay-per-sale model.
2. Nexxen International Ltd. (NASDAQ:NEXN)
Percentage of stake sold by ARK Investment Management: 100%
Number of Hedge Fund Holders: 10
Nexxen International Ltd. (NASDAQ:NEXN) is one of the tech stocks to sell right now, according to Cathie Wood. In Q3 2025, ARK Investment Management held 194,362 shares of Nexxen International Ltd. (NASDAQ:NEXN) valued at $1.8 million, but by the end of Q4, it had fully exited its position.
On March 18, BTIG reiterated a Buy rating on Nexxen International Ltd. (NASDAQ:NEXN) but cut the price target to $9 from $10.
The Buy rating underscores the research firm’s confidence in the company’s long-term growth outlook, especially its ability to deliver solid fourth-quarter fiscal 2025 results. Revenue in the quarter totaled $101 million, beating consensus estimates by 1%. Adjusted earnings came in at $34 million, in line with expectations.
In addition, the company issued solid guidance, indicating it expects ex-TAC revenue to range between $375 million and $390 million. The guidance represents 8% year-over-year growth at the midpoint. Adjusted EBITDA is expected to be between $122 million and $132 million, representing 10% growth at the mid-point.
Nexxen has started the year on a roll, reporting the strongest January and February in its history due to a demand-side platform partner shifting its spending strategy.
Nexxen International Ltd. (NASDAQ:NEXN) is a global advertising technology (ad tech) company that provides a unified, data-driven platform for advertisers, agencies, and publishers. The company specializes in digital video and Connected TV (CTV), offering tools to help partners manage, target, and measure ad campaigns.
1. BILL Holdings, Inc. (NYSE:BILL)
Percentage of stake sold by ARK Investment Management: 100%
Number of Hedge Fund Holders: 55
BILL Holdings Inc. (NYSE:BILL) is one of the tech stocks to sell right now, according to Cathie Wood. In Q3 2025, ARK Investment Management held 151,654 shares of BILL Holdings Inc. (NYSE:BILL) worth $8 million, but by year‑end, it had fully exited the position.
The stock is down about 19% year to date, underperforming the S&P 500, which is down about 3%. On March 3 at the Morgan Stanley Technology, Media & Telecom Conference 2026, CEO Rene Lacerte outlined the company’s strategic direction as it pursues growth opportunities.
BILL Holdings Inc. (NYSE:BILL) has begun leveraging artificial intelligence solutions to reduce manual work for accountants and enhance strategic business roles. It has already started leveraging AI tools like W-9 and Invoice coding agents to reduce manual data entry. The Bill assistants have also improved self-service usage from 13% to over 40%
In addition, the company is eyeing strategic partnerships with other firms, such as NetSuite, as it seeks to enhance its market capabilities. Bill Holdings is also pivoting towards a go-to-market strategy as it seeks to move upmarket to cater to the largest businesses with specific product portfolios. The company will also target small- and mid-market companies with a capacity to handle revenues from a few million to a hundred million dollars.
BILL Holdings, Inc. (NYSE:BILL) provides cloud-based, AI-enabled financial software that automates back-office operations for small and mid-sized businesses (SMBs). Its platform simplifies accounts payable, accounts receivable, spend management, and expense reporting, allowing businesses to digitize workflows, manage cash flow, and integrate with accounting software.
While we acknowledge the potential of BILL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BILL and that has 100x upside potential, check out our report about the cheapest AI stock.
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