AQR Capital Management LLC Invests $34,000 in BARK, Inc. (NYSE:BARK)

AQR Capital Management LLC purchased a new stake in BARK, Inc. (NYSE:BARK) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 18,559 shares of the company’s stock, valued at approximately $34,000.

Several other hedge funds also recently added to or reduced their stakes in BARK. Price T Rowe Associates Inc. MD raised its holdings in BARK by 27.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock worth $49,000 after purchasing an additional 8,436 shares in the last quarter. Gabelli Funds LLC grew its holdings in BARK by 22.7% during the first quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock worth $67,000 after acquiring an additional 10,000 shares during the period. XTX Topco Ltd purchased a new position in BARK in the second quarter worth $188,000. ARS Investment Partners LLC acquired a new stake in BARK in the second quarter valued at $205,000. Finally, Rhumbline Advisers boosted its position in shares of BARK by 12.2% during the 2nd quarter. Rhumbline Advisers now owns 148,335 shares of the company’s stock worth $268,000 after purchasing an additional 16,185 shares in the last quarter. 28.76% of the stock is currently owned by hedge funds and other institutional investors.

BARK Trading Down 0.6 %

Shares of BARK opened at $1.54 on Friday. BARK, Inc. has a twelve month low of $0.70 and a twelve month high of $1.91. The company has a current ratio of 2.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $270.45 million, a P/E ratio of -7.00 and a beta of 1.71. The firm’s 50-day moving average is $1.65 and its two-hundred day moving average is $1.47.

BARK (NYSE:BARK) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). The business had revenue of $116.21 million for the quarter, compared to the consensus estimate of $115.00 million. BARK had a negative return on equity of 19.27% and a negative net margin of 7.28%. On average, research analysts predict that BARK, Inc. will post -0.1 earnings per share for the current fiscal 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.