Cathie Wood’s ARK ETF sold 60,458 shares of Deere & Company (NYSE: DE) on August 11, 2026. This transaction is valued at approximately $37.53 million and continues a recent divestment trend by the firm. Additionally, Handelsbanken Fonder AB reduced its stake in the company by 5.4% during the second quarter.
Investors are currently monitoring the stock ahead of Deere’s Q3 earnings report. Analysts suggest the recent share price surge may prematurely price in an agricultural cycle recovery. Furthermore, a discounted cash flow analysis indicates the stock is modestly overvalued at its current price.