Insider Selling: Pattern Group (NASDAQ:PTRN) CEO Sells $122,574,003.72 in Stock

Pattern Group Inc. (NASDAQ:PTRN) CEO David Wright sold 9,414,286 shares of Pattern Group stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $13.02, for a total transaction of $122,574,003.72. Following the completion of the transaction, the chief executive officer directly owned 29,418,585 shares of the company’s stock, valued at approximately $383,029,976.70. This represents a 24.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Pattern Group Stock Performance

PTRN opened at $14.39 on Friday. Pattern Group Inc. has a fifty-two week low of $12.00 and a fifty-two week high of $16.00.

About Pattern Group

At Pattern, we are on a mission to help brands accelerate profitable growth on global ecommerce marketplaces. Today, our proprietary technology and on-demand experts operate across more than 60 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 46 trillion data points and sophisticated machine learning and artificial intelligence (“AI”) models, we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service.