Advantage Solutions Inc (NASDAQ: ADV) is -9.93% lower on its value in year-to-date trading and has touched a low of $2.62 and a high of $4.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADV stock was last observed hovering at around $2.66 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $2.63, the stock is -14.16% and -19.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing -1.13% at the moment leaves the stock -25.96% off its SMA200. ADV registered -30.42% loss for a year compared to 6-month gain of -21.26%. The firm has a 50-day simple moving average (SMA 50) of $3.2701 and a 200-day simple moving average (SMA200) of $3.559775.
The stock witnessed a -25.28% loss in the last 1 month and extending the period to 3 months gives it a -16.24%, and is -9.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.64% over the week and 4.84% over the month.
Advantage Solutions Inc (ADV) has around 70000 employees, a market worth around $843.59M and $3.77B in sales. Fwd P/E is 5.66. Profit margin for the company is -6.01%. Distance from 52-week low is 0.19% and -46.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.65%).
The EPS is expected to grow by 277.73% this year
173.0 institutions hold shares in Advantage Solutions Inc (ADV), with institutional investors hold 84.45% of the company’s shares. The shares outstanding are 320.42M, and float is at 88.74M with Short Float at 8.36%. Institutions hold 32.23% of the Float.
The top institutional shareholder in the company is LEONARD GREEN & PARTNERS, L.P. with over 15.45 million shares valued at $49.75 million. The investor’s holdings represent 4.8062 of the ADV Shares outstanding. As of 2024-06-30, the second largest holder is CVC MANAGEMENT HOLDINGS II LTD. with 15.29 million shares valued at $49.23 million to account for 4.7565 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 13.29 million shares representing 4.1329 and valued at over $42.78 million, while ATAIROS PARTNERS GP, INC. holds 3.4175 of the shares totaling 10.99 million with a market value of $35.37 million.
Advantage Solutions Inc (ADV) Insider Activity
The most recent transaction is an insider sale by Young Andrea, the company’s COO, Experiential Services. SEC filings show that Young Andrea sold 66,000 shares of the company’s common stock on Nov 21 ’24 at a price of $3.43 per share for a total of $0.23 million. Following the sale, the insider now owns 0.3 million shares.
Still, SEC filings show that on Nov 12 ’24, PEACOCK DAVID A (Chief Executive Officer) acquired 18,367 shares at an average price of $3.30 for $60611.0. The insider now directly holds 2,370,396 shares of Advantage Solutions Inc (ADV).
