BARK Inc’s recent filing unveils that its Executive Chairman Meeker Matt acquired Company’s shares for reported $51806.0 on Nov 11 ’24. In the deal valued at $1.52 per share,34,000 shares were bought. As a result of this transaction, Meeker Matt now holds 10,734,460 shares worth roughly $20.4 million.
Then, Werdelin Henrik sold 100,000 shares, generating $175,390 in total proceeds. Upon selling the shares at $1.75, the Director now owns 10,940,385 shares.
Before that, Werdelin Henrik bought 100,000 shares. BARK Inc shares valued at $175,390 were divested by the Director at a price of $1.75 per share.
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 Tuesday, BARK Inc [NYSE:BARK] saw its stock jump 2.15% to $1.90. Over the last five days, the stock has gained 0.53%. BARK Inc shares have risen nearly 3.26% since the year began. Nevertheless, the stocks have risen 95.96% over the past one year. While a 52-week high of $2.56 was reached on 01/07/25, a 52-week low of $0.87 was recorded on 01/13/25. SMA at 50 days reached $2.0096, while 200 days put it at $1.6255.
Levels Of Support And Resistance For BARK Stock
The 24-hour chart illustrates a support level at 1.8537, which if violated will result in even more drops to 1.8073. On the upside, there is a resistance level at 1.9327. A further resistance level may holdings at 1.9653. The Relative Strength Index (RSI) on the 14-day chart is 46.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0426, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.00%. Stochastics %K at 32.61% indicates the stock is a holding.
How much short interest is there in BARK Inc?
A steep rise in short interest was recorded in BARK Inc stocks on 2025-01-15, growing by 3.08 million shares to a total of 15.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 12.35 million shares. There was a rise of 19.95%, which implies that there is a positive sentiment for the stock.
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.
