Jane Street Group LLC Has $2.07 Million Stock Holdings in Advantage Solutions Inc. (NASDAQ:ADV)

Jane Street Group LLC increased its position in Advantage Solutions Inc. (NASDAQ:ADV) by 29.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 604,588 shares of the company’s stock after purchasing an additional 136,276 shares during the quarter. Jane Street Group LLC’s holdings in Advantage Solutions were worth $2,074,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADV. Allspring Global Investments Holdings LLC acquired a new stake in shares of Advantage Solutions during the 2nd quarter worth approximately $31,000. Algert Global LLC acquired a new position in Advantage Solutions in the second quarter valued at approximately $36,000. Paloma Partners Management Co bought a new position in Advantage Solutions in the third quarter valued at approximately $77,000. Creative Planning acquired a new stake in Advantage Solutions during the 3rd quarter worth $82,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Advantage Solutions by 46.1% during the 2nd 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 during the last quarter. 49.82% of the stock is owned by institutional investors.

Advantage Solutions Stock Down 3.9 %

NASDAQ:ADV opened at $2.99 on Tuesday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.81. Advantage Solutions Inc. has a 12-month low of $2.70 and a 12-month high of $4.95. The stock’s fifty day simple moving average is $3.33 and its 200-day simple moving average is $3.44. The firm has a market capitalization of $959.05 million, a P/E ratio of -7.29 and a beta of 1.51.

Insider Buying and Selling at Advantage Solutions

In other news, CEO David A. Peacock acquired 16,633 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of $3.30 per share, for a total transaction of $54,888.90. Following the completion of the acquisition, the chief executive officer now owns 2,352,029 shares in the company, valued at $7,761,695.70. This trade represents a 0.71 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 6.20% of the company’s stock.

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.