Even if it's not a huge purchase, we think it was good to see that Matt Meeker, the Co-Founder of BARK, Inc. (NYSE:BARK) recently shelled out US$54k to buy stock, at US$1.39 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.
BARK Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the insider, David Kamenetzky, for US$265k worth of shares, at about US$1.60 per share. That means that an insider was selling shares at around the current price of US$1.56. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. David Kamenetzky was the only individual insider to sell over the last year.
David Kamenetzky ditched 381.22k shares over the year. The average price per share was US$1.57. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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Does BARK Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 21% of BARK shares, worth about US$59m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The BARK Insider Transactions Indicate?
It is good to see the recent insider purchase. On the other hand the transaction history, over the last year, isn't so positive. We don't take much heart from transactions by BARK insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. Overall they seem reasonably aligned. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BARK. While conducting our analysis, we found that BARK has 1 warning sign and it would be unwise to ignore it.
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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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