In a filing, BARK Inc revealed its Executive Chairman Meeker Matt acquired Company’s shares for reported $48866.0 on Nov 13 ’23. In the deal valued at $0.79 per share,61,700 shares were bought. As a result of this transaction, Meeker Matt now holds 9,926,436 shares worth roughly $10.52 million.
Then, Kamenetzky David sold 82,933 shares, generating $132,859 in total proceeds. Upon selling the shares at $1.60, the Director now owns 0 shares.
Before that, Kamenetzky David sold 83,000 shares. BARK Inc shares valued at $132,435 were divested by the Director at a price of $1.60 per share. As a result of the transaction, Kamenetzky David now holds 82,933 shares, worth roughly $87908.98000000001.
Jefferies upgraded its BARK Inc [BARK] rating to a Buy from a a Hold in a research note published on March 05, 2024; the price target was increased to $1.90 from $1.54. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid December with a ‘”a Hold”‘ rating. Canaccord Genuity also remained covering BARK and has decreased its forecast on November 09, 2023 with a “Hold” recommendation from previously “Buy” rating. Citigroup started covering the stock on December 13, 2022. It rated BARK as “a Buy”.
Price Performance Review of BARK
On Monday, BARK Inc [NYSE:BARK] saw its stock fall -3.64% to $1.06. Over the last five days, the stock has lost -13.82%. BARK Inc shares have risen nearly 31.60% since the year began. Nevertheless, the stocks have fallen -14.52% over the past one year. While a 52-week high of $1.64 was reached on 03/06/24, a 52-week low of $0.70 was recorded on 01/05/24. SMA at 50 days reached $1.2035, while 200 days put it at $1.1376. A total of 0.63 million shares were traded, compared to the trading of 0.52 million shares in the previous session.
Levels Of Support And Resistance For BARK Stock
The 24-hour chart illustrates a support level at 1.0100, which if violated will result in even more drops to 0.9600. On the upside, there is a resistance level at 1.1200. A further resistance level may holdings at 1.1800. The Relative Strength Index (RSI) on the 14-day chart is 31.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0836, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.62%. Stochastics %K at 15.19% indicates the stock is a buying.
The most recent change occurred on December 08, 2022 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $5 price target.
