Renaissance Technologies LLC Buys 813,880 Shares of BARK, Inc. (NYSE:BARK)

Renaissance Technologies LLC boosted its position in shares of BARK, Inc. (NYSE:BARK - Free Report) by 183.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,257,898 shares of the company's stock after buying an additional 813,880 shares during the quarter. Renaissance Technologies LLC owned approximately 0.72% of BARK worth $2,315,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. US Bancorp DE bought a new stake in shares of BARK during the 4th quarter valued at $31,000. American Century Companies Inc. bought a new position in BARK during the fourth quarter worth about $49,000. Virtu Financial LLC bought a new position in BARK during the fourth quarter worth about $82,000. Intech Investment Management LLC grew its position in shares of BARK by 153.6% during the 4th quarter. Intech Investment Management LLC now owns 47,353 shares of the company's stock worth $87,000 after buying an additional 28,682 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of BARK by 43.5% in the 4th quarter. SG Americas Securities LLC now owns 65,472 shares of the company's stock valued at $120,000 after acquiring an additional 19,849 shares during the last quarter. 28.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BARK. Citigroup boosted their price objective on shares of BARK from $2.00 to $2.50 and gave the company a "buy" rating in a report on Friday, January 3rd. Lake Street Capital set a $3.00 price target on shares of BARK in a report on Tuesday, January 14th.

BARK Stock Down 1.3 %

BARK traded down $0.02 during trading on Tuesday, hitting $1.17. The company had a trading volume of 443,647 shares, compared to its average volume of 823,285. The firm's 50-day moving average price is $1.42 and its 200 day moving average price is $1.70. The company has a market capitalization of $203.78 million, a PE ratio of -6.13 and a beta of 1.96. BARK, Inc. has a one year low of $1.05 and a one year high of $2.56.

BARK (NYSE:BARK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). BARK had a negative return on equity of 15.34% and a negative net margin of 6.47%. Sell-side analysts forecast that BARK, Inc. will post -0.09 earnings per share for the current year.

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.