United Advisor Group LLC Makes New Investment in BARK, Inc. (NYSE:BARK)

United Advisor Group LLC purchased a new stake in shares of BARK, Inc. (NYSE:BARK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 93,725 shares of the company’s stock, valued at approximately $153,000. United Advisor Group LLC owned 0.05% of BARK as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its position in BARK by 27.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock worth $49,000 after acquiring an additional 8,436 shares in the last quarter. Gabelli Funds LLC grew its stake in shares of BARK by 22.7% in the 1st quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock worth $67,000 after purchasing an additional 10,000 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of BARK by 12.2% in the 2nd quarter. Rhumbline Advisers now owns 148,335 shares of the company’s stock worth $268,000 after purchasing an additional 16,185 shares in the last quarter. AQR Capital Management LLC acquired a new stake in BARK during the second quarter valued at approximately $34,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in BARK by 62.3% during the second quarter. The Manufacturers Life Insurance Company now owns 52,364 shares of the company’s stock worth $95,000 after buying an additional 20,110 shares in the last quarter. Institutional investors and hedge funds own 28.76% of the company’s stock.

BARK Price Performance

NYSE BARK opened at $1.51 on Thursday. BARK, Inc. has a 1 year low of $0.70 and a 1 year high of $1.91. The business’s fifty day moving average is $1.59 and its two-hundred day moving average is $1.50. The stock has a market capitalization of $261.19 million, a P/E ratio of -7.17 and a beta of 1.72. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.72 and a current ratio of 2.77.

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

About BARK

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.