David A. Peacock Purchases 15,000 Shares of Advantage Solutions Inc. (NASDAQ:ADV) Stock

Advantage Solutions Inc. (NASDAQ:ADV) CEO David A. Peacock bought 15,000 shares of the stock in a transaction dated Monday, September 9th. The shares were acquired at an average price of $3.40 per share, for a total transaction of $51,000.00. Following the completion of the purchase, the chief executive officer now directly owns 2,335,396 shares in the company, valued at $7,940,346.40. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Advantage Solutions Trading Up 0.3 %

NASDAQ ADV opened at $3.63 on Thursday. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of -51.86 and a beta of 1.48. Advantage Solutions Inc. has a one year low of $1.85 and a one year high of $4.95. 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 business’s fifty day moving average is $3.70 and its 200-day moving average is $3.75.

Advantage Solutions (NASDAQ:ADV) last released its earnings results on Wednesday, August 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.14). The business had revenue of $873.36 million for the quarter, compared to the consensus estimate of $909.64 million. Advantage Solutions had a negative return on equity of 5.96% and a negative net margin of 2.72%. Equities research analysts predict that Advantage Solutions Inc. will post 0.39 EPS for the current year.

Institutional Investors Weigh In On Advantage Solutions

A number of hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC purchased a new stake in Advantage Solutions in the 1st quarter worth about $29,000. Allspring Global Investments Holdings LLC purchased a new stake in Advantage Solutions in the 2nd quarter worth about $31,000. Algert Global LLC purchased a new stake in Advantage Solutions in the 2nd quarter worth about $36,000. Victory Capital Management Inc. purchased a new stake in Advantage Solutions in the 4th quarter worth about $51,000. Finally, Quadrature Capital Ltd purchased a new stake in Advantage Solutions in the 4th quarter worth about $55,000. 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.