BARK (NYSE:BARK) Upgraded at Wall Street Zen

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

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

BARK Price Performance

BARK opened at $0.90 on Friday. BARK has a one year low of $0.73 and a one year high of $2.56. The company’s 50 day simple moving average is $0.84 and its 200-day simple moving average is $0.99. The stock has a market capitalization of $153.11 million, a P/E ratio of -5.30 and a beta of 1.86.

Hedge Funds Weigh In On BARK

Several large investors have recently bought and sold shares of BARK. XTX Topco Ltd raised its holdings in BARK by 71.1% in the first quarter. XTX Topco Ltd now owns 211,693 shares of the company’s stock worth $294,000 after purchasing an additional 87,977 shares during the period. Virtu Financial LLC raised its holdings in BARK by 71.5% in the first quarter. Virtu Financial LLC now owns 76,226 shares of the company’s stock worth $106,000 after purchasing an additional 31,786 shares during the period. Nuveen LLC acquired a new stake in BARK in the first quarter worth $589,000. EntryPoint Capital LLC raised its holdings in BARK by 48.4% in the first quarter. EntryPoint Capital LLC now owns 191,930 shares of the company’s stock worth $267,000 after purchasing an additional 62,571 shares during the period. Finally, State of Wyoming acquired a new stake in BARK in the first quarter worth $176,000. 28.76% of the stock is currently owned by institutional investors and hedge funds.

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.