BARK, Inc. (NYSE:BARK) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its holdings in shares of BARK, Inc. (NYSE:BARK) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 996,318 shares of the company’s stock after selling 8,593 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.57% of BARK worth $1,833,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC grew its holdings in BARK by 7.0% during the third quarter. Geode Capital Management LLC now owns 2,831,583 shares of the company’s stock worth $4,616,000 after acquiring an additional 186,427 shares during the period. State Street Corp boosted its stake in BARK by 7.1% during the 3rd quarter. State Street Corp now owns 2,398,571 shares of the company’s stock worth $3,910,000 after purchasing an additional 158,347 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in BARK by 330.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 256,422 shares of the company’s stock valued at $418,000 after acquiring an additional 196,920 shares during the last quarter. ARS Investment Partners LLC boosted its stake in BARK by 5.0% during the fourth quarter. ARS Investment Partners LLC now owns 250,452 shares of the company’s stock worth $461,000 after buying an additional 12,000 shares during the last quarter. Finally, Barclays PLC raised its stake in BARK by 146.8% during the third quarter. Barclays PLC now owns 211,446 shares of the company’s stock worth $345,000 after purchasing an additional 125,756 shares during the period. 28.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BARK has been the topic of several research analyst reports. Lake Street Capital set a $3.00 price objective on shares of BARK in a report on Tuesday, January 14th. Canaccord Genuity Group boosted their price objective on BARK from $2.00 to $2.50 and gave the company a “hold” rating in a research note on Monday, December 2nd. Finally, Citigroup boosted their price objective on shares of BARK from $2.00 to $2.50 and gave the company a “buy” rating in a research note on Friday, January 3rd.

BARK Stock Performance

BARK stock opened at $1.41 on Friday. BARK, Inc. has a fifty-two week low of $1.01 and a fifty-two week high of $2.56. The stock’s fifty day moving average is $1.71 and its two-hundred day moving average is $1.76. The firm has a market capitalization of $245.76 million, a price-to-earnings ratio of -7.39 and a beta of 1.95.

BARK (NYSE:BARK) last released its earnings results on Wednesday, February 5th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). BARK had a negative net margin of 6.47% and a negative return on equity of 15.34%. As a group, sell-side analysts forecast that BARK, Inc. will post -0.09 EPS 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.