BARK, Inc. (NYSE:BARK) Shares Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC boosted its position in BARK, Inc. (NYSE:BARK) by 167.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,359 shares of the company’s stock after purchasing an additional 81,024 shares during the period. EntryPoint Capital LLC owned about 0.07% of BARK worth $238,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of BARK by 330.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 256,422 shares of the company’s stock worth $418,000 after buying an additional 196,920 shares in the last quarter. Barclays PLC grew its holdings in BARK by 146.8% during the third quarter. Barclays PLC now owns 211,446 shares of the company’s stock worth $345,000 after acquiring an additional 125,756 shares during the period. Geode Capital Management LLC raised its position in BARK by 7.0% in the third quarter. Geode Capital Management LLC now owns 2,831,583 shares of the company’s stock worth $4,616,000 after acquiring an additional 186,427 shares in the last quarter. Brooklyn FI LLC lifted its holdings in BARK by 5,886.9% in the fourth quarter. Brooklyn FI LLC now owns 19,712,256 shares of the company’s stock valued at $34,362,000 after acquiring an additional 19,383,002 shares during the period. Finally, State Street Corp boosted its position 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 worth $3,910,000 after purchasing an additional 158,347 shares in the last quarter. Institutional investors and hedge funds own 28.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Citigroup increased their price target on shares of BARK from $2.00 to $2.50 and gave the company a “buy” rating in a report on Friday, January 3rd. Canaccord Genuity Group upped their price target on BARK from $2.00 to $2.50 and gave the stock a “hold” rating in a report on Monday, December 2nd. Finally, Lake Street Capital set a $3.00 price objective on BARK in a report on Tuesday, January 14th.

BARK Trading Down 1.1 %

NYSE:BARK opened at $1.41 on Friday. The company has a market capitalization of $245.76 million, a P/E ratio of -7.39 and a beta of 1.95. The firm has a 50-day moving average price of $1.71 and a two-hundred day moving average price of $1.76. BARK, Inc. has a twelve month low of $1.01 and a twelve month high of $2.56.

BARK (NYSE:BARK) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.04) earnings per share 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%. On average, equities research analysts predict 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.