R Squared Ltd Buys 31,673 Shares of BARK, Inc. $BARK

R Squared Ltd boosted its holdings in BARK, Inc. (NYSE:BARK) by 195.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,873 shares of the company’s stock after purchasing an additional 31,673 shares during the quarter. R Squared Ltd’s holdings in BARK were worth $42,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new position in shares of BARK in the 2nd quarter valued at approximately $30,000. CWM LLC grew its holdings in shares of BARK by 100.1% during the 2nd quarter. CWM LLC now owns 42,221 shares of the company’s stock valued at $37,000 after purchasing an additional 21,118 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of BARK during the 1st quarter valued at approximately $65,000. Virtu Financial LLC grew its holdings in shares of BARK by 71.5% during the 1st quarter. Virtu Financial LLC now owns 76,226 shares of the company’s stock valued at $106,000 after purchasing an additional 31,786 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of BARK during the 1st quarter valued at approximately $176,000. 28.76% of the stock is currently owned by institutional investors and hedge funds.

BARK Stock Performance

NYSE:BARK opened at $0.87 on Monday. The firm’s fifty day moving average is $0.84 and its 200-day moving average is $0.97. BARK, Inc. has a 52 week low of $0.73 and a 52 week high of $2.56. The firm has a market cap of $148.31 million, a P/E ratio of -5.13 and a beta of 1.86.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of BARK from a “sell” rating to a “hold” rating in a report on Sunday, October 19th. Weiss Ratings reissued a “sell (d-)” rating on shares of BARK in a report on Friday. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $2.63.

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.