Advantage Solutions Inc. (NASDAQ:ADV - Get Free Report) CEO David A. Peacock acquired 16,633 shares of the stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $3.30 per share, with a total value of $54,888.90. Following the purchase, the chief executive officer now directly owns 2,352,029 shares in the company, valued at $7,761,695.70. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Advantage Solutions Price Performance
Shares of ADV traded down $0.02 during trading hours on Wednesday, reaching $3.28. The stock had a trading volume of 760,067 shares, compared to its average volume of 788,751. The firm has a 50-day simple moving average of $3.40 and a 200 day simple moving average of $3.50. Advantage Solutions Inc. has a 12 month low of $2.26 and a 12 month 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.
Hedge Funds Weigh In On Advantage Solutions
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Acadian Asset Management LLC bought a new position in shares of Advantage Solutions during the 1st quarter valued at approximately $29,000. Allspring Global Investments Holdings LLC bought a new position in Advantage Solutions during the second quarter valued at $31,000. Algert Global LLC purchased a new stake in Advantage Solutions in the second quarter worth $36,000. Creative Planning bought a new stake in shares of Advantage Solutions in the third quarter valued at $82,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Advantage Solutions by 46.1% during 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 during the last quarter. Hedge funds and other institutional investors own 49.82% of the company's stock.
About Advantage Solutions
(
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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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