Jacobs Levy Equity Management Inc. Takes $1.41 Million Position in BARK, Inc. (NYSE:BARK)

Jacobs Levy Equity Management Inc. purchased a new position in shares of BARK, Inc. (NYSE:BARK - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 767,920 shares of the company's stock, valued at approximately $1,413,000. Jacobs Levy Equity Management Inc. owned 0.44% of BARK at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BARK. Brooklyn FI LLC increased its holdings in BARK by 5,886.9% during the 4th quarter. Brooklyn FI LLC now owns 19,712,256 shares of the company's stock worth $34,362,000 after purchasing an additional 19,383,002 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of BARK by 373.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,589,523 shares of the company's stock worth $2,925,000 after buying an additional 1,253,876 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in BARK by 464.0% in the 4th quarter. JPMorgan Chase & Co. now owns 1,446,340 shares of the company's stock valued at $2,661,000 after acquiring an additional 1,189,918 shares in the last quarter. Renaissance Technologies LLC boosted its position in BARK by 183.3% during the 4th quarter. Renaissance Technologies LLC now owns 1,257,898 shares of the company's stock worth $2,315,000 after acquiring an additional 813,880 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in shares of BARK by 68.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 906,435 shares of the company's stock worth $1,668,000 after acquiring an additional 368,800 shares in the last quarter. 28.76% of the stock is currently owned by institutional investors.

BARK Stock Up 1.6%

Shares of NYSE:BARK traded up $0.02 during midday trading on Tuesday, reaching $1.29. The company had a trading volume of 446,963 shares, compared to its average volume of 831,516. BARK, Inc. has a 1-year low of $1.09 and a 1-year high of $2.56. The stock has a market cap of $225.64 million, a PE ratio of -6.79 and a beta of 1.98. The business's 50 day moving average price is $1.29 and its 200 day moving average price is $1.67.

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.