BARK (NYSE:BARK) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of BARK (NYSE:BARK) from a hold rating to a sell rating in a research note released on Monday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BARK in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, BARK presently has an average rating of “Hold” and a consensus target price of $2.63.

BARK Trading Up 11.7%

NYSE BARK opened at $0.95 on Monday. The firm has a market capitalization of $160.88 million, a P/E ratio of -5.57 and a beta of 1.86. The business has a fifty day simple moving average of $0.84 and a 200 day simple moving average of $0.96. BARK has a 12 month low of $0.73 and a 12 month high of $2.56.

Institutional Trading of BARK

Several hedge funds and other institutional investors have recently bought and sold shares of BARK. Prescott Group Capital Management L.L.C. lifted its position in BARK by 1,150.5% in the second quarter. Prescott Group Capital Management L.L.C. now owns 1,974,218 shares of the company’s stock valued at $1,736,000 after purchasing an additional 1,816,345 shares during the last quarter. Nuveen LLC bought a new stake in BARK in the first quarter valued at approximately $589,000. Murchinson Ltd. lifted its position in BARK by 150.7% in the second quarter. Murchinson Ltd. now owns 410,043 shares of the company’s stock valued at $361,000 after purchasing an additional 246,500 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in BARK by 15.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,692,503 shares of the company’s stock valued at $1,489,000 after purchasing an additional 230,131 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in BARK by 627.8% in the first quarter. AQR Capital Management LLC now owns 154,257 shares of the company’s stock valued at $214,000 after purchasing an additional 133,061 shares during the last quarter. Institutional investors own 28.76% of the company’s stock.

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.