Advantage Solutions Inc. (NASDAQ:ADV) Holdings Reduced by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its position in Advantage Solutions Inc. (NASDAQ:ADV) by 12.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 678,742 shares of the company’s stock after selling 100,774 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.21% of Advantage Solutions worth $2,328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new position in shares of Advantage Solutions in the second quarter valued at approximately $31,000. Algert Global LLC bought a new position in shares of Advantage Solutions in the second quarter valued at approximately $36,000. Creative Planning bought a new position in shares of Advantage Solutions in the third quarter valued at approximately $82,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Advantage Solutions by 22.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 25,007 shares of the company’s stock valued at $109,000 after acquiring an additional 4,584 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Advantage Solutions by 46.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,183 shares of the company’s stock valued at $84,000 after acquiring an additional 8,256 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Insider Buying and Selling

In other news, CEO David A. Peacock purchased 16,633 shares of Advantage Solutions stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price 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 in the company, valued at $7,761,695.70. The trade was a 0.71 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 6.20% of the stock is currently owned by insiders.

Advantage Solutions Trading Down 0.6 %

Shares of NASDAQ:ADV opened at $3.45 on Monday. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of -8.41 and a beta of 1.51. Advantage Solutions Inc. has a 1-year low of $2.70 and a 1-year high of $4.95. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.90 and a current ratio of 1.90. The company has a 50 day moving average price of $3.32 and a 200 day moving average price of $3.44.

Advantage Solutions 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.