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

Advantage Solutions Inc. (NASDAQ:ADV) CEO David A. Peacock purchased 16,633 shares of Advantage Solutions stock in a transaction on Monday, November 11th. The shares were acquired 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 directly owns 2,352,029 shares of the company’s stock, valued at approximately $7,761,695.70. The trade was a 0.71 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Advantage Solutions Price Performance

Shares of NASDAQ:ADV opened at $3.10 on Friday. Advantage Solutions Inc. has a 52 week low of $2.36 and a 52 week high of $4.95. The company has a quick ratio of 2.12, a current ratio of 1.90 and a debt-to-equity ratio of 1.81. The company’s fifty day moving average is $3.36 and its 200 day moving average is $3.48. The stock has a market cap of $993.67 million, a PE ratio of -7.56 and a beta of 1.48.

Institutional Investors Weigh In On Advantage Solutions

Large investors have recently made changes to their positions in the business. Acadian Asset Management LLC purchased a new position in shares of Advantage Solutions during the 1st quarter worth approximately $29,000. Allspring Global Investments Holdings LLC bought a new position in shares of Advantage Solutions in the 2nd quarter worth about $31,000. Algert Global LLC purchased a new position in Advantage Solutions during the 2nd quarter valued at about $36,000. Y Intercept Hong Kong Ltd bought a new stake in Advantage Solutions during the third quarter worth about $54,000. Finally, Paloma Partners Management Co purchased a new stake in Advantage Solutions in the third quarter worth about $77,000. 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.