Dynamic Technology Lab Private Ltd Acquires Shares of 22,700 BARK, Inc. (NYSE:BARK)

Dynamic Technology Lab Private Ltd acquired a new stake in BARK, Inc. (NYSE:BARK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 22,700 shares of the company’s stock, valued at approximately $37,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in BARK by 5.0% in the 1st quarter. Vanguard Group Inc. now owns 6,207,032 shares of the company’s stock valued at $7,697,000 after buying an additional 298,343 shares during the last quarter. Roubaix Capital LLC bought a new position in shares of BARK during the third quarter worth about $894,000. Price T Rowe Associates Inc. MD lifted its position in shares of 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 during the last quarter. Algert Global LLC bought a new position in shares of BARK during the second quarter worth about $63,000. Finally, AQR Capital Management LLC bought a new position in shares of BARK during the second quarter worth about $34,000. 28.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at BARK

In related news, Chairman Matt Meeker acquired 34,000 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were acquired at an average price of $1.52 per share, for a total transaction of $51,680.00. Following the completion of the purchase, the chairman now directly owns 10,734,460 shares of the company’s stock, valued at $16,316,379.20. The trade was a 0.32 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 14.80% of the stock is owned by company insiders.

BARK Trading Up 3.8 %

BARK opened at $2.19 on Wednesday. The company’s 50-day moving average price is $1.61 and its 200 day moving average price is $1.58. BARK, Inc. has a fifty-two week low of $0.70 and a fifty-two week high of $2.25. The company has a current ratio of 2.42, a quick ratio of 1.49 and a debt-to-equity ratio of 0.32.

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their price objective on shares of BARK from $2.00 to $2.50 and gave the stock a “hold” rating in a research note on Monday.

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.