Roubaix Capital LLC Acquires Shares of 548,764 BARK, Inc. (NYSE:BARK)

Roubaix Capital LLC bought a new position in shares of BARK, Inc. (NYSE:BARK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 548,764 shares of the company’s stock, valued at approximately $894,000. Roubaix Capital LLC owned about 0.32% of BARK as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in BARK by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 6,207,032 shares of the company’s stock worth $7,697,000 after purchasing an additional 298,343 shares during the last quarter. Gabelli Funds LLC raised its holdings in BARK by 22.7% in the first quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock valued at $67,000 after acquiring an additional 10,000 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in BARK by 27.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock valued at $49,000 after acquiring an additional 8,436 shares during the last quarter. ARS Investment Partners LLC acquired a new position in BARK during the 2nd quarter worth $205,000. Finally, Bank of New York Mellon Corp increased its position in shares of BARK by 10.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 407,102 shares of the company’s stock worth $737,000 after purchasing an additional 37,980 shares during the last quarter. Institutional investors and hedge funds own 28.76% of the company’s stock.

BARK Stock Performance

Shares of BARK stock opened at $1.43 on Thursday. The stock has a market capitalization of $247.31 million, a price-to-earnings ratio of -6.79 and a beta of 1.71. BARK, Inc. has a one year low of $0.70 and a one year high of $1.91. The company’s 50-day simple moving average is $1.62 and its 200-day simple moving average is $1.49. 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 released its earnings results on Wednesday, August 7th. The company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). The company had revenue of $116.21 million for the quarter, compared to the consensus estimate of $115.00 million. BARK had a negative return on equity of 19.27% and a negative net margin of 7.28%. Equities analysts anticipate that BARK, Inc. will post -0.1 earnings per share 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.