BARK, Inc. (NYSE:BARK) Chairman Buys $51,680.00 in Stock

BARK, Inc. (NYSE:BARK) Chairman Matt Meeker purchased 34,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average cost of $1.52 per share, for a total transaction of $51,680.00. Following the completion of the transaction, the chairman now directly owns 10,734,460 shares of the company’s stock, valued at $16,316,379.20. This represents a 0.32 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

BARK Stock Performance

NYSE:BARK opened at $1.58 on Friday. BARK, Inc. has a 52 week low of $0.70 and a 52 week high of $1.91. The firm has a 50-day moving average price of $1.57 and a two-hundred day moving average price of $1.51. The company has a current ratio of 2.42, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32.

Institutional Trading of BARK

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in BARK by 5.0% during the first quarter. Vanguard Group Inc. now owns 6,207,032 shares of the company’s stock worth $7,697,000 after buying an additional 298,343 shares during the last quarter. Gabelli Funds LLC lifted its stake in BARK by 22.7% in the first quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock valued at $67,000 after purchasing an additional 10,000 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in BARK by 27.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock valued at $49,000 after purchasing an additional 8,436 shares during the period. ARS Investment Partners LLC purchased a new stake in BARK in the second quarter worth $205,000. Finally, Bank of New York Mellon Corp raised its stake in shares of BARK by 10.3% in the second quarter. Bank of New York Mellon Corp now owns 407,102 shares of the company’s stock valued at $737,000 after buying an additional 37,980 shares during the period. 28.76% of the stock is owned by hedge funds and other institutional investors.

BARK Company Profile

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.