Key Points
- Henrik Werdelin sold 50,000 shares of BARK on Dec. 10 at an average price of $0.65 for $32,500, reducing his stake by 0.46% to 10,890,385 shares, as disclosed in an SEC filing.
- The stock is trading near penny levels — opened at $0.66 with a market cap of $113.97 million, a 1‑year range of $0.63–$2.32, and 50/200‑day moving averages of $0.77/$0.86 (recently down ~1.8%).
- BARK recently missed quarterly EPS estimates (‑$0.03 vs. est. ‑$0.01) and shows negative profitability metrics; analysts’ consensus is a "Hold" with an average target of $2.63, while institutional ownership stands at about 28.76% amid several funds increasing positions.
BARK, Inc. (NYSE:BARK - Get Free Report) Director Henrik Werdelin sold 50,000 shares of the firm's stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $0.65, for a total transaction of $32,500.00. Following the transaction, the director owned 10,890,385 shares in the company, valued at $7,078,750.25. This represents a 0.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
BARK Trading Down 1.8%
Shares of NYSE:BARK opened at $0.66 on Friday. The stock has a market capitalization of $113.97 million, a PE ratio of -3.32 and a beta of 1.89. BARK, Inc. has a 1 year low of $0.63 and a 1 year high of $2.32. The firm has a fifty day moving average price of $0.77 and a 200 day moving average price of $0.86.
BARK (NYSE:BARK - Get Free Report) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.02). BARK had a negative return on equity of 23.45% and a negative net margin of 7.81%.The company had revenue of $106.97 million during the quarter, compared to analyst estimates of $103.57 million. On average, sell-side analysts forecast that BARK, Inc. will post -0.09 earnings per share for the current fiscal year.
Institutional Investors Weigh In On BARK
Institutional investors and hedge funds have recently made changes to their positions in the company. Shay Capital LLC grew its holdings in BARK by 133.6% during the 3rd quarter. Shay Capital LLC now owns 4,432,121 shares of the company's stock worth $3,682,000 after acquiring an additional 2,534,722 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of BARK by 17.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,986,331 shares of the company's stock valued at $1,650,000 after purchasing an additional 293,828 shares during the period. BNP Paribas Financial Markets grew its stake in shares of BARK by 323.4% during the third quarter. BNP Paribas Financial Markets now owns 50,438 shares of the company's stock worth $42,000 after purchasing an additional 38,526 shares during the period. Gabelli Funds LLC grew its stake in shares of BARK by 50.0% during the third quarter. Gabelli Funds LLC now owns 150,000 shares of the company's stock worth $125,000 after purchasing an additional 50,000 shares during the period. Finally, GSA Capital Partners LLP increased its holdings in BARK by 128.0% in the third quarter. GSA Capital Partners LLP now owns 1,049,948 shares of the company's stock valued at $872,000 after purchasing an additional 589,390 shares during the last quarter. Institutional investors own 28.76% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Wall Street Zen cut shares of BARK from a "hold" rating to a "sell" rating in a report on Monday, October 27th. Weiss Ratings restated a "sell (d-)" rating on shares of BARK in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $2.63.
View Our Latest Research Report on BARK
About BARK
(
Get Free Report)
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.
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