Insider Buying: BARK, Inc. (NYSE:BARK) Chairman Buys 34,000 Shares of Stock

BARK, Inc. (NYSE:BARK) Chairman Matt Meeker acquired 34,000 shares of BARK stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of $1.52 per share, with a total value of $51,680.00. Following the completion of the purchase, the chairman now directly owns 10,734,460 shares in the company, valued at $16,316,379.20. This represents a 0.32 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

BARK Price Performance

Shares of NYSE BARK opened at $1.58 on Friday. The stock has a fifty day moving average of $1.57 and a 200-day moving average 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. BARK, Inc. has a fifty-two week low of $0.70 and a fifty-two week high of $1.91.

Hedge Funds Weigh In On BARK

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of BARK by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 6,207,032 shares of the company’s stock valued at $7,697,000 after acquiring an additional 298,343 shares during the last quarter. Roubaix Capital LLC purchased a new position in BARK in the 3rd quarter worth approximately $894,000. Gabelli Funds LLC increased its holdings in shares of BARK by 22.7% in the 1st quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock worth $67,000 after buying an additional 10,000 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of BARK by 27.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock worth $49,000 after acquiring an additional 8,436 shares during the last quarter. Finally, Algert Global LLC purchased a new position in BARK in the second quarter worth $63,000. 28.76% of the stock is currently owned by institutional investors.

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.