Pattern Group (NASDAQ:PTRN) Sets New 12-Month High – Here’s What Happened

Posted by Geri Gentry on Jul 2nd, 2026

Pattern Group Inc. (NASDAQ:PTRN – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $25.05 and last traded at $24.45, with a volume of 4075473 shares. The stock had previously closed at $22.90.

Analyst Ratings Changes

Several analysts have issued reports on PTRN shares. JPMorgan Chase & Co. increased their target price on shares of Pattern Group from $17.00 to $19.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $27.00 price target on shares of Pattern Group in a report on Monday. Wall Street Zen upgraded Pattern Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Needham & Company LLC lifted their price objective on Pattern Group from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Pattern Group in a research note on Thursday, June 18th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Pattern Group presently has an average rating of “Moderate Buy” and an average price target of $21.78.

Check Out Our Latest Research Report on Pattern Group

Pattern Group Stock Performance

The stock’s 50 day simple moving average is $18.46 and its 200 day simple moving average is $14.47. The firm has a market cap of $4.11 billion and a PE ratio of -14.16.

Pattern Group (NASDAQ:PTRN – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.06. The company had revenue of $773.73 million for the quarter, compared to analysts’ expectations of $715.90 million. During the same quarter last year, the business posted $0.17 EPS. The business’s quarterly revenue was up 43.2% compared to the same quarter last year. As a group, analysts anticipate that Pattern Group Inc. will post 0.56 earnings per share for the current year.

Pattern Group declared that its board has approved a share buyback plan on Thursday, March 5th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 5.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Pattern Group news, Director Ann Mather sold 5,301 shares of Pattern Group stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $16.51, for a total transaction of $87,519.51. Following the completion of the sale, the director owned 31,509 shares of the company’s stock, valued at $520,213.59. The trade was a 14.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 70.97% of the stock is owned by insiders.

Hedge Funds Weigh In On Pattern Group

Institutional investors have recently modified their holdings of the company. Knox Lane LP bought a new stake in Pattern Group in the 4th quarter worth approximately $325,157,000. Wasatch Advisors LP grew its position in Pattern Group by 21.8% during the first quarter. Wasatch Advisors LP now owns 2,442,394 shares of the company’s stock valued at $30,359,000 after acquiring an additional 436,870 shares during the last quarter. Norges Bank purchased a new position in shares of Pattern Group during the fourth quarter worth approximately $25,965,000. Loomis Sayles & Co. L P raised its stake in shares of Pattern Group by 28.7% during the fourth quarter. Loomis Sayles & Co. L P now owns 2,135,163 shares of the company’s stock worth $24,640,000 after acquiring an additional 476,122 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Pattern Group by 1.1% in the 1st 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 last quarter.

Pattern Group Company Profile

(Get Free Report)

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.