UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $669,000 Stock Position in Advantage Solutions Inc. (NASDAQ:ADV)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Advantage Solutions Inc. (NASDAQ:ADVFree Report) by 23.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 194,941 shares of the company’s stock after acquiring an additional 36,547 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.06% of Advantage Solutions worth $669,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of ADV. Intech Investment Management LLC bought a new position in Advantage Solutions in the 3rd quarter valued at about $99,000. Empowered Funds LLC grew its stake in shares of Advantage Solutions by 13.9% in the 3rd quarter. Empowered Funds LLC now owns 1,617,758 shares of the company’s stock worth $5,549,000 after acquiring an additional 197,534 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Advantage Solutions by 14.8% in the third quarter. Principal Financial Group Inc. now owns 55,207 shares of the company’s stock valued at $189,000 after purchasing an additional 7,114 shares during the last quarter. Creative Planning purchased a new position in shares of Advantage Solutions in the 3rd quarter worth approximately $82,000. Finally, Inspire Investing LLC purchased a new position in shares of Advantage Solutions in the 3rd quarter worth about $421,000. Institutional investors own 49.82% of the company’s stock.

Insider Buying and Selling at Advantage Solutions

In related news, CEO David A. Peacock purchased 16,633 shares of Advantage Solutions stock in a transaction dated Monday, November 11th. The stock was bought at an average cost of $3.30 per share, for a total transaction of $54,888.90. Following the completion of the transaction, the chief executive officer now owns 2,352,029 shares in the company, valued at $7,761,695.70. This trade represents a 0.71 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.20% of the company’s stock.

Advantage Solutions Trading Down 0.6 %

NASDAQ:ADV opened at $3.11 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $997.54 million, a PE ratio of -7.59 and a beta of 1.51. Advantage Solutions Inc. has a 12 month low of $2.70 and a 12 month high of $4.95. The firm’s 50 day moving average is $3.33 and its 200 day moving average is $3.43.

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.

See Also

Institutional Ownership by Quarter for Advantage Solutions (NASDAQ:ADV)

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