SG Americas Securities LLC Has $135,000 Holdings in Advantage Solutions Inc. (NASDAQ:ADV)

SG Americas Securities LLC lifted its stake in Advantage Solutions Inc. (NASDAQ:ADV) by 103.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,329 shares of the company’s stock after acquiring an additional 20,009 shares during the period. SG Americas Securities LLC’s holdings in Advantage Solutions were worth $135,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ADV. Acadian Asset Management LLC bought a new stake in shares of Advantage Solutions in the 1st quarter worth approximately $29,000. Allspring Global Investments Holdings LLC bought a new position in Advantage Solutions in the second quarter worth $31,000. Algert Global LLC acquired a new stake in Advantage Solutions during the second quarter worth $36,000. Quadrature Capital Ltd acquired a new stake in Advantage Solutions during the fourth quarter worth $55,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Advantage Solutions by 46.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,183 shares of the company’s stock valued at $84,000 after buying an additional 8,256 shares during the period. Institutional investors own 49.82% of the company’s stock.

Advantage Solutions Price Performance

NASDAQ:ADV opened at $3.10 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.12 and a current ratio of 2.12. The company has a 50-day moving average of $3.52 and a 200-day moving average of $3.60. Advantage Solutions Inc. has a 52 week low of $1.85 and a 52 week high of $4.95. The company has a market capitalization of $998.76 million, a price-to-earnings ratio of -44.29 and a beta of 1.47.

Advantage Solutions (NASDAQ:ADV) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.14). Advantage Solutions had a negative return on equity of 5.96% and a negative net margin of 2.72%. The business had revenue of $873.36 million for the quarter, compared to the consensus estimate of $909.64 million. As a group, equities research analysts anticipate that Advantage Solutions Inc. will post -0.33 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO David A. Peacock acquired 15,000 shares of the company’s stock in a transaction on Monday, September 9th. The stock was purchased at an average cost of $3.40 per share, for a total transaction of $51,000.00. Following the completion of the purchase, the chief executive officer now directly owns 2,335,396 shares of the company’s stock, valued at $7,940,346.40. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.20% of the stock is owned by corporate insiders.

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.