Quadrature Capital Ltd Acquires New Holdings in Advantage Solutions Inc. (NASDAQ:ADV)

Quadrature Capital Ltd acquired a new stake in Advantage Solutions Inc. (NASDAQ:ADV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 15,222 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atairos Partners GP Inc. increased its position in Advantage Solutions by 114.7% in the 4th quarter. Atairos Partners GP Inc. now owns 4,253,728 shares of the company’s stock valued at $15,398,000 after acquiring an additional 2,272,428 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Advantage Solutions by 42.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,924 shares of the company’s stock valued at $137,000 after acquiring an additional 11,209 shares during the period. Swiss National Bank acquired a new position in Advantage Solutions in the 3rd quarter valued at approximately $607,000. Kennedy Capital Management LLC acquired a new position in Advantage Solutions in the 3rd quarter valued at approximately $2,070,000. Finally, Vanguard Group Inc. increased its position in Advantage Solutions by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 8,228,477 shares of the company’s stock valued at $23,369,000 after acquiring an additional 205,992 shares during the period. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Advantage Solutions

In other news, CEO David A. Peacock acquired 40,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was bought at an average cost of $2.79 per share, for a total transaction of $111,600.00. Following the completion of the transaction, the chief executive officer now directly owns 2,320,396 shares in the company, valued at approximately $6,473,904.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.20% of the stock is currently owned by corporate insiders.

Advantage Solutions Trading Up 0.3 %

Shares of NASDAQ ADV opened at $3.22 on Friday. Advantage Solutions Inc. has a 52-week low of $1.85 and a 52-week high of $4.95. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.95 and a current ratio of 1.95. The firm has a 50 day moving average price of $3.54 and a two-hundred day moving average price of $3.82. The stock has a market cap of $1.04 billion, a P/E ratio of -46.00 and a beta of 1.50.

Advantage Solutions (NASDAQ:ADV) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.24). Advantage Solutions had a negative return on equity of 5.26% and a negative net margin of 0.36%. The firm had revenue of $879.00 million for the quarter, compared to analyst estimates of $893.04 million. During the same quarter last year, the company earned ($0.15) earnings per share. As a group, equities analysts forecast that Advantage Solutions Inc. will post 0.41 EPS for the current year.

Advantage Solutions 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.