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

EntryPoint Capital LLC increased its stake in BARK, Inc. (NYSE:BARK) by 167.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 129,359 shares of the company’s stock after buying an additional 81,024 shares during the period. EntryPoint Capital LLC’s holdings in BARK were worth $238,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Intech Investment Management LLC purchased a new position in BARK during the third quarter worth approximately $30,000. US Bancorp DE purchased a new position in shares of BARK in the 4th quarter worth $31,000. Dynamic Technology Lab Private Ltd acquired a new position in BARK in the third quarter valued at $37,000. American Century Companies Inc. purchased a new stake in BARK during the fourth quarter valued at about $49,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in BARK during the third quarter worth about $56,000. 28.76% of the stock is currently owned by hedge funds and other institutional investors.

BARK Price Performance

Shares of NYSE BARK opened at $1.41 on Friday. The company has a market capitalization of $245.76 million, a price-to-earnings ratio of -7.39 and a beta of 1.95. BARK, Inc. has a 1-year low of $1.01 and a 1-year high of $2.56. The business has a 50-day moving average of $1.71 and a 200-day moving average of $1.76.

BARK (NYSE:BARK) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). BARK had a negative net margin of 6.47% and a negative return on equity of 15.34%. Research analysts expect that BARK, Inc. will post -0.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

BARK Company 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.