Empowered Funds LLC Acquires 197,534 Shares of Advantage Solutions Inc. (NASDAQ:ADV)

Empowered Funds LLC grew its holdings in Advantage Solutions Inc. (NASDAQ:ADV) by 13.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,617,758 shares of the company’s stock after purchasing an additional 197,534 shares during the period. Empowered Funds LLC owned approximately 0.50% of Advantage Solutions worth $5,549,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ADV. Swiss National Bank lifted its holdings in Advantage Solutions by 17.6% during the 1st quarter. Swiss National Bank now owns 225,576 shares of the company’s stock worth $977,000 after purchasing an additional 33,700 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Advantage Solutions by 1.2% in the first quarter. Vanguard Group Inc. now owns 8,371,726 shares of the company’s stock valued at $36,250,000 after acquiring an additional 99,133 shares during the period. Acadian Asset Management LLC bought a new position in shares of Advantage Solutions in the first quarter valued at approximately $29,000. Price T Rowe Associates Inc. MD increased its holdings in Advantage Solutions by 22.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 25,007 shares of the company’s stock worth $109,000 after acquiring an additional 4,584 shares during the period. Finally, Atairos Partners GP Inc. lifted its stake in Advantage Solutions by 16.9% in the 1st quarter. Atairos Partners GP Inc. now owns 4,971,442 shares of the company’s stock worth $21,526,000 after purchasing an additional 717,714 shares in the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Advantage Solutions Stock Down 4.3 %

Shares of NASDAQ:ADV opened at $3.10 on Monday. The firm has a fifty day moving average price of $3.36 and a two-hundred day moving average price of $3.47. The company has a market cap of $993.67 million, a price-to-earnings ratio of -7.56 and a beta of 1.48. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.90 and a quick ratio of 2.12. Advantage Solutions Inc. has a one year low of $2.36 and a one year high of $4.95.

Insider Buying and Selling

In related news, CEO David A. Peacock acquired 15,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were bought at an average cost of $3.40 per share, for a total transaction of $51,000.00. Following the completion of the transaction, the chief executive officer now owns 2,335,396 shares in the company, valued at approximately $7,940,346.40. This trade represents a 0.65 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.20% of the stock is currently owned by company insiders.

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.