Barclays PLC Has $345,000 Holdings in BARK, Inc. (NYSE:BARK)

Barclays PLC grew its position in BARK, Inc. (NYSE:BARK - Free Report) by 146.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 211,446 shares of the company's stock after purchasing an additional 125,756 shares during the period. Barclays PLC owned about 0.12% of BARK worth $345,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in shares of BARK by 7.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,831,583 shares of the company's stock valued at $4,616,000 after acquiring an additional 186,427 shares during the last quarter. State Street Corp increased its holdings in shares of BARK by 7.1% during the 3rd quarter. State Street Corp now owns 2,398,571 shares of the company's stock valued at $3,910,000 after acquiring an additional 158,347 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of BARK by 9.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,004,911 shares of the company's stock valued at $1,638,000 after acquiring an additional 84,749 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of BARK by 68.3% during the 2nd quarter. Renaissance Technologies LLC now owns 729,917 shares of the company's stock valued at $1,321,000 after acquiring an additional 296,199 shares during the last quarter. Finally, Roubaix Capital LLC acquired a new position in shares of BARK during the 3rd quarter valued at about $894,000. Institutional investors and hedge funds own 28.76% of the company's stock.

Insider Buying and Selling at BARK

In other news, Chairman Matt Meeker acquired 34,000 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were bought at an average price of $1.52 per share, with a total value of $51,680.00. Following the acquisition, the chairman now owns 10,734,460 shares of the company's stock, valued at $16,316,379.20. This trade represents a 0.32 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 14.80% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on BARK shares. Citigroup increased their price objective on BARK from $2.00 to $2.50 and gave the company a "buy" rating in a report on Friday, January 3rd. Canaccord Genuity Group increased their target price on BARK from $2.00 to $2.50 and gave the company a "hold" rating in a research note on Monday, December 2nd.

BARK Stock Performance

BARK traded up $0.04 during midday trading on Monday, reaching $2.00. The company's stock had a trading volume of 777,997 shares, compared to its average volume of 1,052,366. The stock has a market cap of $347.03 million, a P/E ratio of -11.08 and a beta of 1.94. The company has a fifty day simple moving average of $1.97 and a 200 day simple moving average of $1.72. The company has a current ratio of 2.42, a quick ratio of 1.49 and a debt-to-equity ratio of 0.32. BARK, Inc. has a twelve month low of $0.86 and a twelve month high of $2.56.

BARK 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.