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

SG Americas Securities LLC grew 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 fund owned 45,623 shares of the company’s stock after purchasing 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 quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BARK. Algert Global LLC acquired a new stake in BARK during the second quarter worth approximately $63,000. The Manufacturers Life Insurance Company increased its stake in BARK by 62.3% in the second quarter. The Manufacturers Life Insurance Company now owns 52,364 shares of the company’s stock valued at $95,000 after purchasing an additional 20,110 shares during the last quarter. AQR Capital Management LLC purchased a new position in BARK during the second quarter worth about $34,000. XTX Topco Ltd purchased a new position in BARK during the second quarter worth about $188,000. Finally, Renaissance Technologies LLC boosted its stake in BARK by 68.3% in the 2nd quarter. Renaissance Technologies LLC now owns 729,917 shares of the company’s stock worth $1,321,000 after buying an additional 296,199 shares during the last quarter. 28.76% of the stock is currently owned by hedge funds and other institutional investors.

BARK Trading Up 6.1 %

NYSE BARK opened at $1.40 on Tuesday. The company has a market cap of $242.97 million, a P/E ratio of -6.67 and a beta of 1.71. BARK, Inc. has a 12 month low of $0.70 and a 12 month high of $1.91. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.77 and a quick ratio of 1.72. The company has a 50-day moving average of $1.63 and a 200-day moving average of $1.48.

BARK (NYSE:BARK) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The firm had revenue of $116.21 million during the quarter, compared to analyst estimates of $115.00 million. BARK had a negative net margin of 7.28% and a negative return on equity of 19.27%. As a group, equities analysts predict that BARK, Inc. will post -0.1 earnings per share for the current year.

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.