CIBC Asset Management Inc Buys Shares of 10,269 Advantage Solutions Inc. (NASDAQ:ADV)

CIBC Asset Management Inc bought a new stake in shares of Advantage Solutions Inc. (NASDAQ:ADV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,269 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. lifted its stake in shares of Advantage Solutions by 7.9% in the 4th quarter. Principal Financial Group Inc. now owns 59,558 shares of the company’s stock worth $174,000 after purchasing an additional 4,351 shares during the period. SG Americas Securities LLC lifted its stake in shares of Advantage Solutions by 22.5% in the 4th quarter. SG Americas Securities LLC now owns 48,178 shares of the company’s stock worth $141,000 after purchasing an additional 8,849 shares during the period. Rhumbline Advisers lifted its stake in shares of Advantage Solutions by 6.5% in the 4th quarter. Rhumbline Advisers now owns 162,734 shares of the company’s stock worth $475,000 after purchasing an additional 9,980 shares during the period. Inspire Investing LLC lifted its stake in shares of Advantage Solutions by 12.6% in the 4th quarter. Inspire Investing LLC now owns 138,031 shares of the company’s stock worth $403,000 after purchasing an additional 15,406 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Advantage Solutions in the 3rd quarter worth approximately $54,000. Institutional investors own 49.82% of the company’s stock.

Advantage Solutions Price Performance

NASDAQ ADV opened at $2.49 on Thursday. Advantage Solutions Inc. has a 12 month low of $2.22 and a 12 month high of $4.95. The stock has a market cap of $798.68 million, a price-to-earnings ratio of -6.07 and a beta of 1.54. The company’s 50 day moving average is $2.70 and its two-hundred day moving average is $3.20. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.81.

About Advantage Solutions

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.