Bridgeway Capital Management LLC Purchases 368,800 Shares of BARK, Inc. (NYSE:BARK)

Bridgeway Capital Management LLC raised its position in BARK, Inc. (NYSE:BARK - Free Report) by 68.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 906,435 shares of the company's stock after purchasing an additional 368,800 shares during the period. Bridgeway Capital Management LLC owned approximately 0.52% of BARK worth $1,668,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE bought a new stake in shares of BARK in the 4th quarter valued at $31,000. American Century Companies Inc. bought a new stake in shares of BARK in the fourth quarter worth about $49,000. BNP Paribas Financial Markets acquired a new stake in shares of BARK during the fourth quarter worth about $57,000. Virtu Financial LLC bought a new position in shares of BARK during the 4th quarter valued at about $82,000. Finally, Intech Investment Management LLC grew its position in shares of BARK by 153.6% in the 4th quarter. Intech Investment Management LLC now owns 47,353 shares of the company's stock valued at $87,000 after purchasing an additional 28,682 shares during the period. 28.76% of the stock is currently owned by institutional investors and hedge funds.

BARK Price Performance

BARK opened at $1.17 on Friday. The company has a market capitalization of $203.78 million, a price-to-earnings ratio of -6.13 and a beta of 1.98. The business's 50-day moving average price is $1.32 and its two-hundred day moving average price is $1.67. BARK, Inc. has a 1 year low of $1.09 and a 1 year high of $2.56.

BARK (NYSE:BARK - Get Free Report) last announced its earnings results 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 net margin of 6.47% and a negative return on equity of 15.34%. Sell-side analysts anticipate that BARK, Inc. will post -0.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital set a $3.00 target price on shares of BARK in a report on Tuesday, January 14th.

BARK 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.