Have Insiders Sold BARK Shares Recently?

Anyone interested in BARK, Inc. (NYSE:BARK) should probably be aware that the Co-Founder, Henrik Werdelin, recently divested US$175k worth of shares in the company, at an average price of US$1.75 each. On the bright side, that sale was only 0.9% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for BARK

The Last 12 Months Of Insider Transactions At BARK

The insider, David Kamenetzky, made the biggest insider sale in the last 12 months. That single transaction was for US$265k worth of shares at a price of US$1.60 each. That means that an insider was selling shares at slightly below the current price (US$1.67). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was 57% of David Kamenetzky's stake.

Over the last year we saw more insider selling of BARK shares, than buying. The sellers received a price of around US$1.62, on average. It's not too encouraging to see that insiders have sold at below the current price. Of course, the sales could be motivated for a multitude of reasons, so we shouldn't jump to conclusions. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Does BARK Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. BARK insiders own about US$63m worth of shares. That equates to 20% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At BARK Tell Us?

The insider sales have outweighed the insider buying, at BARK, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BARK. Case in point: We've spotted 3 warning signs for BARK you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.