Advantage Solutions Inc. (NASDAQ:ADV - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $2.84, but opened at $2.78. Advantage Solutions shares last traded at $2.85, with a volume of 24,972 shares traded.
Advantage Solutions Price Performance
The company has a fifty day simple moving average of $3.29 and a 200 day simple moving average of $3.44. The stock has a market capitalization of $850.00 million, a price-to-earnings ratio of -6.46 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.
Insider Activity at Advantage Solutions
In other Advantage Solutions news, CEO David A. Peacock bought 16,633 shares of the business's stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average price of $3.30 per share, for a total transaction of $54,888.90. Following the transaction, the chief executive officer now directly owns 2,352,029 shares in the company, valued at approximately $7,761,695.70. This trade represents a 0.71 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.20% of the stock is currently owned by company insiders.
Institutional Trading of Advantage Solutions
Several large investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC acquired a new stake in Advantage Solutions in the second quarter valued at approximately $31,000. Algert Global LLC acquired a new stake in Advantage Solutions in the 2nd quarter valued at $36,000. Y Intercept Hong Kong Ltd bought a new stake in Advantage Solutions during the 3rd quarter valued at $54,000. Paloma Partners Management Co acquired a new position in Advantage Solutions during the third quarter worth $77,000. Finally, Creative Planning bought a new position in shares of Advantage Solutions in the third quarter valued at $82,000. Institutional investors and hedge funds own 49.82% of the company's stock.
About Advantage Solutions
(
Get 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.
Featured Stories
Before you consider Advantage Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advantage Solutions wasn't on the list.
While Advantage Solutions currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
