ProShare Advisors LLC Makes New $1.78 Million Investment in Pattern Group Inc. $PTRN

Posted by Francis Steltz on Nov 7th, 2026

ProShare Advisors LLC bought a new position in shares of Pattern Group Inc. (NASDAQ:PTRN – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 104,048 shares of the company’s stock, valued at approximately $1,785,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PTRN. Wasatch Advisors LP grew its position in shares of Pattern Group by 28.4% in the 2nd quarter. Wasatch Advisors LP now owns 3,135,129 shares of the company’s stock valued at $78,974,000 after buying an additional 692,735 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Pattern Group by 1.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,101,545 shares of the company’s stock worth $25,723,000 after acquiring an additional 23,589 shares during the period. Readystate Asset Management LP lifted its stake in shares of Pattern Group by 363.9% in the second quarter. Readystate Asset Management LP now owns 212,964 shares of the company’s stock worth $5,365,000 after acquiring an additional 167,053 shares during the period. Weiss Asset Management LP bought a new stake in Pattern Group in the first quarter valued at approximately $3,212,000. Finally, Sylebra Capital LLC bought a new stake in Pattern Group in the first quarter valued at approximately $1,971,000.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. BMO Capital Markets reissued an “outperform” rating and set a $28.00 target price on shares of Pattern Group in a research report on Thursday, August 6th. Evercore reaffirmed an “outperform” rating and issued a $29.00 price objective on shares of Pattern Group in a research note on Thursday, August 6th. Jefferies Financial Group lowered shares of Pattern Group from a “buy” rating to a “hold” rating and upped their price objective for the company from $21.00 to $30.00 in a research note on Tuesday, July 14th. KeyCorp decreased their price objective on shares of Pattern Group from $30.00 to $25.00 and set an “overweight” rating for the company in a research report on Monday, November 2nd. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $31.00 target price on shares of Pattern Group in a report on Thursday, August 6th. Eight equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.89.

View Our Latest Analysis on Pattern Group

Pattern Group Trading Up 5.9%

NASDAQ PTRN traded up $1.02 during trading hours on Friday, hitting $18.27. 1,527,613 shares of the company’s stock were exchanged, compared to its average volume of 1,171,843. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 28.11 and a beta of 1.29. The stock has a 50-day simple moving average of $18.25 and a 200 day simple moving average of $17.60. Pattern Group Inc. has a 1-year low of $8.92 and a 1-year high of $29.80.

Pattern Group (NASDAQ:PTRN – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $885.85 million for the quarter. Pattern Group had a negative return on equity of 318.79% and a negative net margin of 4.57%. Pattern Group’s quarterly revenue was up 38.5% compared to the same quarter last year. During the same period last year, the firm posted ($2.19) earnings per share. On average, sell-side analysts anticipate that Pattern Group Inc. will post 0.64 earnings per share for the current fiscal year.

Pattern Group Profile

(Free Report)

Pattern Group Inc (NASDAQ: PTRN) is an e-commerce technology and services company that helps brands grow and manage their online businesses. Its platform combines software, data, and operational services to support product distribution and sales across major digital marketplaces, retailer websites, and other e-commerce channels.

The company’s services include marketplace management, digital advertising, product content and catalog optimization, pricing and assortment strategy, fulfillment coordination, and analytics.