BARK, Inc. (NYSE:BARK) Chairman Matt Meeker Purchases 34,000 Shares

BARK, Inc. (NYSE:BARK) Chairman Matt Meeker acquired 34,000 shares of BARK stock in a transaction on Monday, November 11th. The shares were bought at an average cost of $1.52 per share, with a total value of $51,680.00. Following the completion of the transaction, the chairman now owns 10,734,460 shares of the company’s stock, valued at approximately $16,316,379.20. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

BARK Trading Down 1.3 %

NYSE BARK traded down $0.02 during trading hours on Tuesday, reaching $1.53. The company’s stock had a trading volume of 1,118,772 shares, compared to its average volume of 733,667. The firm has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.51. BARK, Inc. has a 52 week low of $0.70 and a 52 week high of $1.91. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.77 and a quick ratio of 1.72. The stock has a market cap of $265.53 million, a P/E ratio of -8.58 and a beta of 1.72.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC purchased a new position in shares of BARK in the 2nd quarter worth approximately $34,000. Intech Investment Management LLC bought a new stake in shares of BARK during the 3rd quarter worth approximately $30,000. Gladius Capital Management LP bought a new stake in shares of BARK during the 3rd quarter worth approximately $35,000. Algert Global LLC bought a new stake in shares of BARK during the 2nd quarter worth approximately $63,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of BARK by 27.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock worth $49,000 after acquiring an additional 8,436 shares during the last quarter. Hedge funds and other institutional investors own 28.76% of the company’s stock.

About BARK

BARK Inc, a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the design of playstyle-specific toys, satisfying treats, personal meal plans with supplements, and dog-first experiences designed to foster health and happiness of dogs everywhere.