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

Advantage Solutions Inc. (NASDAQ:ADV) CEO David A. Peacock bought 16,633 shares of the business’s stock in a transaction on Monday, November 11th. The stock was acquired at an average cost of $3.30 per share, for a total transaction of $54,888.90. Following the acquisition, the chief executive officer now directly owns 2,352,029 shares of the company’s stock, valued at $7,761,695.70. The trade was a 0.71 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Advantage Solutions Stock Performance

Shares of NASDAQ ADV opened at $3.24 on Friday. Advantage Solutions Inc. has a 12-month low of $2.36 and a 12-month high of $4.95. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.90 and a quick ratio of 2.12. The stock’s 50 day simple moving average is $3.37 and its 200 day simple moving average is $3.49.

Hedge Funds Weigh In On Advantage Solutions

Several institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in 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 during the period. Principal Financial Group Inc. raised its stake in shares of Advantage Solutions by 11.9% during the second quarter. Principal Financial Group Inc. now owns 48,093 shares of the company’s stock valued at $155,000 after purchasing an additional 5,107 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in Advantage Solutions by 22.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 34,628 shares of the company’s stock worth $112,000 after purchasing an additional 6,449 shares during the period. Acadian Asset Management LLC bought a new position in Advantage Solutions in the 1st quarter valued at about $29,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Advantage Solutions by 46.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,183 shares of the company’s stock valued at $84,000 after buying an additional 8,256 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

About Advantage Solutions

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.