Renaissance Technologies LLC Grows Position in BARK, Inc. (NYSE:BARK)

Renaissance Technologies LLC raised its stake in BARK, Inc. (NYSE:BARK - Free Report) by 183.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,257,898 shares of the company's stock after purchasing an additional 813,880 shares during the quarter. Renaissance Technologies LLC owned 0.72% of BARK worth $2,315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of BARK. State Street Corp lifted its position in shares of BARK by 7.1% during the third quarter. State Street Corp now owns 2,398,571 shares of the company's stock valued at $3,910,000 after purchasing an additional 158,347 shares in the last quarter. Barclays PLC boosted its stake in shares of BARK by 146.8% in the 3rd quarter. Barclays PLC now owns 211,446 shares of the company's stock worth $345,000 after buying an additional 125,756 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of BARK by 7.0% in the third 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 in the last quarter. JPMorgan Chase & Co. increased its position in shares of BARK by 330.9% during the third quarter. JPMorgan Chase & Co. now owns 256,422 shares of the company's stock valued at $418,000 after acquiring an additional 196,920 shares during the last quarter. Finally, ARS Investment Partners LLC lifted its holdings in BARK by 5.0% during the fourth quarter. ARS Investment Partners LLC now owns 250,452 shares of the company's stock worth $461,000 after acquiring an additional 12,000 shares during the period. Institutional investors own 28.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BARK. Lake Street Capital set a $3.00 target price on BARK in a research note on Tuesday, January 14th. Citigroup lifted their price objective on shares of BARK from $2.00 to $2.50 and gave the stock a "buy" rating in a research report on Friday, January 3rd.

BARK Stock Down 4.3 %

BARK traded down $0.05 during trading hours on Wednesday, hitting $1.12. The stock had a trading volume of 334,826 shares, compared to its average volume of 823,649. The stock has a market cap of $195.90 million, a PE ratio of -5.89 and a beta of 1.96. BARK, Inc. has a 1 year low of $1.07 and a 1 year high of $2.56. The company's fifty day simple moving average is $1.41 and its 200 day simple moving average is $1.70.

BARK (NYSE:BARK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). BARK had a negative net margin of 6.47% and a negative return on equity of 15.34%. As a group, equities analysts expect that BARK, Inc. will post -0.09 EPS 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.