Insider Buying: Advantage Solutions Inc. (NASDAQ:ADV) CEO Acquires $54,888.90 in Stock

Advantage Solutions Inc. (NASDAQ:ADV) CEO David A. Peacock purchased 16,633 shares of the stock in a transaction dated Monday, November 11th. The shares were purchased at an average price of $3.30 per share, for a total transaction of $54,888.90. Following the completion of the transaction, the chief executive officer now owns 2,352,029 shares in the company, valued at $7,761,695.70. This trade represents a 0.71 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Advantage Solutions Trading Down 1.2 %

NASDAQ:ADV opened at $3.24 on Friday. The company has a 50-day moving average of $3.37 and a 200-day moving average of $3.49. The company has a debt-to-equity ratio of 1.81, a quick ratio of 2.12 and a current ratio of 1.90. Advantage Solutions Inc. has a twelve month low of $2.36 and a twelve month high of $4.95.

Institutional Trading of Advantage Solutions

Large investors have recently added to or reduced their stakes in the business. Swiss National Bank raised its holdings in Advantage Solutions by 17.6% during the 1st quarter. Swiss National Bank now owns 225,576 shares of the company’s stock worth $977,000 after buying an additional 33,700 shares during the period. Vanguard Group Inc. raised its holdings in shares of Advantage Solutions by 1.2% during the first quarter. Vanguard Group Inc. now owns 8,371,726 shares of the company’s stock valued at $36,250,000 after acquiring an additional 99,133 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Advantage Solutions during the first quarter valued at approximately $29,000. Price T Rowe Associates Inc. MD lifted its position in shares of Advantage Solutions by 22.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 25,007 shares of the company’s stock valued at $109,000 after acquiring an additional 4,584 shares in the last quarter. Finally, Atairos Partners GP Inc. boosted its stake in Advantage Solutions by 16.9% in the 1st quarter. Atairos Partners GP Inc. now owns 4,971,442 shares of the company’s stock worth $21,526,000 after purchasing an additional 717,714 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Advantage Solutions Company Profile

Advantage Solutions Inc provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services.