In a filing, BARK Inc revealed 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 $14.38 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 Friday, BARK Inc [NYSE:BARK] saw its stock fall -2.90% to $1.34. Over the last five days, the stock has lost -13.55%. BARK Inc shares have fallen nearly -27.17% since the year began. Nevertheless, the stocks have risen 2.29% over the past one year. While a 52-week high of $2.56 was reached on 01/07/25, a 52-week low of $1.01 was recorded on 03/14/25. SMA at 50 days reached $1.8300, while 200 days put it at $1.6998.
Levels Of Support And Resistance For BARK Stock
The 24-hour chart illustrates a support level at 1.3100, which if violated will result in even more drops to 1.2800. On the upside, there is a resistance level at 1.3900. A further resistance level may holdings at 1.4400. The Relative Strength Index (RSI) on the 14-day chart is 25.88, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1883, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.21%. Stochastics %K at 4.21% indicates the stock is a buying.
How much short interest is there in BARK Inc?
A steep rise in short interest was recorded in BARK Inc stocks on 2025-02-28, dropping by -0.73 million shares to a total of 14.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 14.76 million shares. There was a decline of -5.2%, which implies that there is a negative 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.
