a16z Perennial Management L.P. acquired a new position in shares of Advantage Solutions Inc. (NASDAQ:ADV – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,867 shares of the company’s stock, valued at approximately $55,000.
Several other large investors also recently made changes to their positions in ADV. CIBC Asset Management Inc acquired a new stake in Advantage Solutions in the 4th quarter valued at about $30,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Advantage Solutions in the third quarter valued at approximately $54,000. Paloma Partners Management Co bought a new position in shares of Advantage Solutions during the 3rd quarter worth approximately $77,000. Creative Planning acquired a new position in shares of Advantage Solutions during the 3rd quarter worth approximately $82,000. Finally, Intech Investment Management LLC bought a new stake in Advantage Solutions in the 3rd quarter valued at $99,000. Institutional investors and hedge funds own 49.82% of the company’s stock.
Advantage Solutions Trading Down 2.1 %
Shares of Advantage Solutions stock opened at $2.30 on Wednesday. Advantage Solutions Inc. has a 1 year low of $2.22 and a 1 year high of $4.95. The company has a market capitalization of $737.73 million, a price-to-earnings ratio of -5.61 and a beta of 1.54. The business has a fifty day simple moving average of $2.65 and a two-hundred day simple moving average of $3.16. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.90 and a quick ratio of 1.90.
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.
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