Barclays PLC Raises Stock Position in Advantage Solutions Inc. (NASDAQ:ADV)

Barclays PLC grew its holdings in Advantage Solutions Inc. (NASDAQ:ADV) by 318.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,024 shares of the company’s stock after acquiring an additional 126,375 shares during the period. Barclays PLC’s holdings in Advantage Solutions were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Atairos Partners GP Inc. boosted its position 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 acquiring an additional 6,014,317 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Advantage Solutions by 68.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,407,224 shares of the company’s stock worth $10,971,000 after purchasing an additional 1,388,198 shares in the last quarter. CVC Management Holdings II Ltd. boosted its holdings in shares of Advantage Solutions by 1.1% during 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 grew its position 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 valued at $5,549,000 after purchasing an additional 197,534 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Advantage Solutions by 88.1% in 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 last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Advantage Solutions Price Performance

NASDAQ:ADV opened at $2.92 on Thursday. The business’s 50-day moving average is $3.31 and its 200 day moving average is $3.44. Advantage Solutions Inc. has a 12 month low of $2.70 and a 12 month high of $4.95. The company has a market capitalization of $936.60 million, a P/E ratio of -7.12 and a beta of 1.51. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.81.

Insiders Place Their Bets

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

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.