1 day Ago By Defense World Staff
Bank of New York Mellon Corp boosted its position in Advantage Solutions Inc. ( NASDAQ:ADV – Free Report ) by 24.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 579,116 shares of the company’s stock after acquiring an additional 114,770 shares during the quarter. Bank of New York Mellon Corp owned 0.18% of Advantage Solutions worth $1,865,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently modified their holdings of the company. Atairos Partners GP Inc. grew its holdings in shares of Advantage Solutions by 114.
7% during the 4th quarter. Atairos Partners GP Inc. now owns 4,253,728 shares of the company’s stock valued at $15,398,000 after purchasing an additional 2,272,428 shares during the last quarter.
Quadrature Capital Ltd purchased a new stake in shares of Advantage Solutions during the fourth quarter valued at approximately $55,000. Victory Capital Management Inc. bought a new position in shares of Advantage Solutions in the fourth quarter worth approximately $51,000.
BlackBarn Capital Partners LP purchased a new position in shares of Advantage Solutions in the fourth quarter worth $2,956,000. Finally, Principal Financial Group Inc. raised its holdings in Advantage Solutions by 293.
0% during the 1st quarter. Principal Financial Group Inc. now owns 42,986 shares of the company’s stock valued at $186,000 after buying an additional 32,049 shares during the last quarter.
49.82% of the stock is currently owned by institutional investors. Advantage Solutions Stock Performance Advantage Solutions stock opened at $3.
91 on Wednesday. The firm has a market cap of $1.26 billion, a P/E ratio of -55.
86 and a beta of 1.48. Advantage Solutions Inc.
has a 1-year low of $1.85 and a 1-year high of $4.95.
The firm has a 50-day moving average of $3.75 and a 200-day moving average of $3.75.
The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 1.
82. Insiders Place Their Bets In other news, CEO David A. Peacock acquired 15,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th.
The stock was bought at an average cost of $3.40 per share, for a total transaction of $51,000.00.
Following the acquisition, the chief executive officer now directly owns 2,335,396 shares in the company, valued at $7,940,346.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .
In related news, CEO David A. Peacock purchased 15,000 shares of Advantage Solutions stock in a transaction on Monday, September 9th. The stock was acquired at an average price of $3.
40 per share, for a total transaction of $51,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,335,396 shares in the company, valued at approximately $7,940,346.
40. The purchase was disclosed in a filing with the SEC, which is available at the SEC website . Also, CEO David A.
Peacock acquired 40,000 shares of the stock in a transaction dated Friday, June 21st. The shares were 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 owns 2,320,396 shares in the company, valued at $6,473,904.84.
The disclosure for this purchase can be found here . Corporate insiders own 6.20% of the company’s stock.
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 Five stocks we like better than Advantage Solutions Pros And Cons Of Monthly Dividend Stocks Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? Energy and Oil Stocks Explained Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge How to Know Which Cryptocurrency to Buy: A Guide for Investors Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Receive News & Ratings for Advantage Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Solutions and related companies with MarketBeat.com's FREE daily email newsletter ..
