David A. Peacock Buys 16,633 Shares of Advantage Solutions Inc. (NASDAQ:ADV) Stock

Advantage Solutions Inc. (NASDAQ:ADV) CEO David A. Peacock acquired 16,633 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was purchased at an average cost of $3.30 per share, with a total value of $54,888.90. Following the transaction, the chief executive officer now owns 2,352,029 shares in the company, valued at approximately $7,761,695.70. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Advantage Solutions Stock Performance

Shares of ADV opened at $3.28 on Thursday. The company has a market cap of $1.05 billion, a PE ratio of -8.00 and a beta of 1.48. The company has a debt-to-equity ratio of 1.82, a current ratio of 2.12 and a quick ratio of 2.12. The firm has a 50-day moving average of $3.38 and a 200-day moving average of $3.50. Advantage Solutions Inc. has a one year low of $2.26 and a one year high of $4.95.

Institutional Trading of Advantage Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC bought a new stake in shares of Advantage Solutions during the 1st quarter worth about $29,000. Allspring Global Investments Holdings LLC acquired a new stake in Advantage Solutions in the 2nd quarter worth about $31,000. Algert Global LLC acquired a new stake in Advantage Solutions in the 2nd quarter worth about $36,000. Innealta Capital LLC acquired a new stake in Advantage Solutions in the 1st quarter worth about $97,000. Finally, Creative Planning acquired a new stake in Advantage Solutions in the 3rd quarter worth about $82,000. Institutional investors own 49.82% of the company’s stock.

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.