Charles Schwab Investment Management Inc. Sells 82,464 Shares of BARK, Inc. $BARK

Charles Schwab Investment Management Inc. decreased its position in BARK, Inc. (NYSE:BARK) by 8.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 913,854 shares of the company’s stock after selling 82,464 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.52% of BARK worth $1,270,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in BARK. Jacobs Levy Equity Management Inc. bought a new position in BARK in the fourth quarter worth $1,413,000. Bridgeway Capital Management LLC raised its holdings in BARK by 68.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 906,435 shares of the company’s stock worth $1,668,000 after purchasing an additional 368,800 shares in the last quarter. Ameriprise Financial Inc. bought a new position in BARK in the fourth quarter worth $444,000. Cubist Systematic Strategies LLC raised its holdings in BARK by 769.6% in the fourth quarter. Cubist Systematic Strategies LLC now owns 139,860 shares of the company’s stock worth $257,000 after purchasing an additional 123,777 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in BARK by 39.5% in the fourth quarter. Bank of America Corp DE now owns 354,595 shares of the company’s stock worth $652,000 after purchasing an additional 100,435 shares in the last quarter. Institutional investors own 28.76% of the company’s stock.

Insider Buying and Selling

In other BARK news, CFO Zahir Ibrahim acquired 58,823 shares of BARK stock in a transaction that occurred on Friday, June 13th. The stock was bought at an average cost of $0.86 per share, for a total transaction of $50,587.78. Following the acquisition, the chief financial officer owned 364,378 shares of the company’s stock, valued at $313,365.08. This represents a 19.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders bought 139,378 shares of company stock valued at $125,337. 14.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BARK. Jefferies Financial Group decreased their price objective on BARK from $4.00 to $3.00 and set a “buy” rating for the company in a report on Thursday, June 5th. Wall Street Zen downgraded BARK from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Canaccord Genuity Group reduced their price target on BARK from $2.50 to $2.00 and set a “hold” rating for the company in a report on Thursday, June 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, BARK presently has an average rating of “Moderate Buy” and a consensus target price of $2.63.

BARK Stock Performance

NYSE BARK opened at $0.91 on Tuesday. BARK, Inc. has a one year low of $0.77 and a one year high of $2.56. The stock has a 50-day moving average of $0.90 and a 200 day moving average of $1.16. The company has a market capitalization of $153.91 million, a price-to-earnings ratio of -5.33 and a beta of 1.88.

BARK (NYSE:BARK) last released its quarterly earnings data on Wednesday, June 4th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. BARK had a negative return on equity of 15.32% and a negative net margin of 6.34%.The company had revenue of $115.41 million during the quarter, compared to the consensus estimate of $126.74 million. BARK has set its Q1 2026 guidance at EPS. On average, equities analysts predict that BARK, Inc. will post -0.09 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.