Pattern Group (NASDAQ:PTRN) CEO David Wright Sells 9,414,286 Shares

Pattern Group Inc. (NASDAQ:PTRN) CEO David Wright sold 9,414,286 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were 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 $383,029,976.70. The trade was a 24.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Pattern Group Stock Up 1.9%

NASDAQ PTRN opened at $13.96 on Thursday. Pattern Group Inc. has a 12-month low of $12.00 and a 12-month high of $16.00.

Pattern Group Company Profile

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.