Advantage Solutions Inc. (NASDAQ:ADV) Shares Bought by Barclays PLC

Barclays PLC grew its position in Advantage Solutions Inc. (NASDAQ:ADV) by 318.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 166,024 shares of the company’s stock after acquiring an additional 126,375 shares during the quarter. Barclays PLC owned about 0.05% of Advantage Solutions worth $570,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Atairos Partners GP Inc. grew its holdings in shares of Advantage Solutions by 121.0% during the second quarter. Atairos Partners GP Inc. now owns 10,985,759 shares of the company’s stock worth $35,374,000 after buying an additional 6,014,317 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Advantage Solutions by 68.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,407,224 shares of the company’s stock worth $10,971,000 after acquiring an additional 1,388,198 shares during the period. CVC Management Holdings II Ltd. grew its stake in shares of Advantage Solutions by 1.1% in the 2nd quarter. CVC Management Holdings II Ltd. now owns 81,610,235 shares of the company’s stock valued at $262,785,000 after purchasing an additional 902,415 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Advantage Solutions by 13.9% during the third quarter. Empowered Funds LLC now owns 1,617,758 shares of the company’s stock worth $5,549,000 after purchasing an additional 197,534 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Advantage Solutions by 88.1% during the second quarter. AQR Capital Management LLC now owns 333,534 shares of the company’s stock worth $1,074,000 after purchasing an additional 156,248 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Advantage Solutions news, CEO David A. Peacock acquired 16,633 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average price of $3.30 per share, with a total value of $54,888.90. Following the completion of the acquisition, the chief executive officer now directly owns 2,352,029 shares of the company’s stock, valued at approximately $7,761,695.70. The trade was a 0.71 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 6.20% of the company’s stock.

Advantage Solutions Stock Performance

Shares of ADV opened at $2.43 on Friday. The stock has a market capitalization of $779.42 million, a P/E ratio of -5.93 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. The company’s fifty day moving average is $3.18 and its two-hundred day moving average is $3.41.

Advantage Solutions Company 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.