Brown Brothers Harriman & Co. Invests $56,000 in BARK, Inc. (NYSE:BARK)

Brown Brothers Harriman & Co. purchased a new stake in shares of BARK, Inc. (NYSE:BARK) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 34,515 shares of the company’s stock, valued at approximately $56,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of BARK during the 3rd quarter valued at $37,000. Charles Schwab Investment Management Inc. boosted its stake in BARK by 9.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,004,911 shares of the company’s stock worth $1,638,000 after acquiring an additional 84,749 shares in the last quarter. Intech Investment Management LLC purchased a new stake in BARK in the third quarter worth about $30,000. Gladius Capital Management LP purchased a new position in shares of BARK during the third quarter valued at approximately $35,000. Finally, United Advisor Group LLC purchased a new position in shares of BARK during the third quarter valued at approximately $153,000. 28.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at BARK

In other news, Chairman Matt Meeker bought 34,000 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were purchased at an average price of $1.52 per share, for a total transaction of $51,680.00. Following the completion of the purchase, the chairman now owns 10,734,460 shares in the company, valued at approximately $16,316,379.20. This represents a 0.32 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 14.80% of the company’s stock.

BARK Stock Performance

BARK stock opened at $2.15 on Friday. The stock’s 50 day moving average is $1.58 and its 200 day moving average is $1.56. The company has a market capitalization of $374.00 million, a P/E ratio of -11.94 and a beta of 1.72. BARK, Inc. has a twelve month low of $0.70 and a twelve month high of $2.25. The company has a quick ratio of 1.49, a current ratio of 2.42 and a debt-to-equity ratio of 0.32.

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.