SG Americas Securities LLC Increases Stock Position in BARK, Inc. (NYSE:BARK)

SG Americas Securities LLC increased its position in shares of BARK, Inc. (NYSE:BARK) by 94.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,623 shares of the company’s stock after buying an additional 22,203 shares during the period. SG Americas Securities LLC’s holdings in BARK were worth $74,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of BARK by 5.0% during the first quarter. Vanguard Group Inc. now owns 6,207,032 shares of the company’s stock worth $7,697,000 after buying an additional 298,343 shares in the last quarter. Gabelli Funds LLC grew its holdings in BARK by 22.7% during the 1st quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock worth $67,000 after acquiring an additional 10,000 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of BARK by 27.4% in the 1st 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. ARS Investment Partners LLC acquired a new stake in shares of BARK in the 2nd quarter valued at about $205,000. Finally, Bank of New York Mellon Corp grew its stake in BARK by 10.3% in the second quarter. Bank of New York Mellon Corp now owns 407,102 shares of the company’s stock worth $737,000 after purchasing an additional 37,980 shares in the last quarter. Institutional investors and hedge funds own 28.76% of the company’s stock.

BARK Stock Up 6.1 %

Shares of BARK stock opened at $1.40 on Tuesday. The company has a quick ratio of 1.72, a current ratio of 2.77 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $1.63 and a 200 day moving average price of $1.48. BARK, Inc. has a fifty-two week low of $0.70 and a fifty-two week high of $1.91. The firm has a market cap of $242.97 million, a P/E ratio of -6.67 and a beta of 1.71.

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

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.