Barclays PLC grew its position in Advantage Solutions Inc. (NASDAQ:ADV - Free Report) by 318.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 166,024 shares of the company's stock after buying an additional 126,375 shares during the period. Barclays PLC owned approximately 0.05% of Advantage Solutions worth $570,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in ADV. Algert Global LLC bought a new stake in Advantage Solutions during the 2nd quarter worth approximately $36,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Advantage Solutions in the third quarter valued at approximately $54,000. Paloma Partners Management Co bought a new stake in shares of Advantage Solutions during the third quarter worth $77,000. Creative Planning acquired a new stake in shares of Advantage Solutions during the third quarter worth $82,000. Finally, Intech Investment Management LLC bought a new stake in Advantage Solutions in the 3rd quarter valued at $99,000. Institutional investors own 49.82% of the company's stock.
Insider Activity
In other Advantage Solutions news, CEO David A. Peacock acquired 16,633 shares of the business's stock in a transaction dated Monday, November 11th. The shares were acquired at an average price of $3.30 per share, with a total value of $54,888.90. Following the completion of the transaction, the chief executive officer now directly 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 purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.20% of the company's stock.
Advantage Solutions Stock Up 3.7 %
NASDAQ ADV traded up $0.09 on Friday, reaching $2.52. The company had a trading volume of 466,120 shares, compared to its average volume of 456,893. The company's fifty day moving average is $3.15 and its 200-day moving average is $3.40. The firm has a market capitalization of $808.29 million, a price-to-earnings ratio of -6.15 and a beta of 1.55. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.90 and a current ratio of 1.90. Advantage Solutions Inc. has a 1-year low of $2.22 and a 1-year high of $4.95.
Advantage Solutions Company Profile
(
Free Report)
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.
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