Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. BARK Inc shares valued at $78,865 were purchased by Ibrahim Zahir on Nov 13 ’24. At $1.58 per share, Ibrahim Zahir acquired 50,000 shares. The insider’s holdings grew to 250,000 shares worth approximately $0.21 million following the completion of this transaction.
Also, Ibrahim Zahir purchased 55,555 shares, netting a total of over 49,883 in proceeds. Following the buying of shares at $0.90 each, the insider now holds 305,555 shares.
Before that, Meeker Matt had added 25,000 shares to its account. In a trade valued at $24,855, the Executive Chairman bought BARK Inc shares for $0.99 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $9.27 million.
As published in a research note from Jefferies on March 05, 2024, BARK Inc [BARK] has been rated up from a Hold to a Buy and the price target has been revised to $1.90 from $1.54. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in mid December. As of November 09, 2023, Canaccord Genuity has decreased its “Buy” rating to a “Hold” for BARK. Earlier on December 13, 2022, Citigroup initiated its rating. Their recommendation was “a Buy” for BARK stock.
Analyzing BARK Stock Performance
During the last five days, there has been a drop of approximately -36.30%. Over the course of the year, BARK Inc shares have dropped approximately -53.26%. Shares of the company reached a 52-week high of $2.3150 on 01/07/25 and a 52-week low of $0.8500 on 06/11/25.
Support And Resistance Levels for BARK Inc (BARK)
According to the 24-hour chart, there is a support level at 0.8405, which, if violated, would cause prices to drop to 0.8211. In the upper region, resistance lies at 0.8889. The next price resistance is at 0.9179. RSI (Relative Strength Index) is 28.22 on the 14-day chart, showing oversold technical sentiment.
