Advantage Solutions is a leading business solutions provider committed to driving growth for consumer goods manufacturers and retailers through winning insights and execution. Advantage's data and technology-enabled omnichannel solutions - including sales, retail merchandising, business intelligence, digital commerce and a full suite of marketing services - are designed to help brands and retailers across a broad range of channels drive consumer demand, increase sales and achieve operating efficiencies. Headquartered in Irvine, California, Advantage has offices throughout the United States and Canada and a presence in select markets throughout Africa, Asia, Australia and Europe through which it services the global needs of multinational, regional and local manufacturers.
Company profile
Ticker
ADV, ADVWW
Exchange
Website
CEO
Tanya Lynn Domier
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...
Former names
Conyers Park II Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Advantage AMP LLC • Advantage Media • Advantage Consumer Healthcare LLC • Advantage Sales & Marketing Inc. • Advantage Sales & Marketing AZ Inc. • Advantage Sales & Marketing Limited • Advantage Sales & Marketing LLC • Advantage CMN LLC • Atlas Technology Group • Certified Management Group ...
ADV stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
27 Jan 23
8-K
Advantage Solutions Names New CEO and New Board Member
18 Jan 23
8-K
Entry into a Material Definitive Agreement
6 Dec 22
8-K
Departure of Directors or Certain Officers
23 Nov 22
8-K
Advantage Solutions Reports Third Quarter 2022 Financial Results and Provides Updated Guidance
9 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Departure of Directors or Certain Officers
4 Oct 22
8-K
Regulation FD Disclosure
26 Sep 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Advantage Solutions Reports Second Quarter 2022 Financial Results and Affirms Full Year 2022 Outlook
9 Aug 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 114.29 mm | 114.29 mm | 114.29 mm | 114.29 mm | 114.29 mm | 114.29 mm |
| Cash burn (monthly) | 6.46 mm | 5.84 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 27.15 mm | 24.57 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 87.14 mm | 89.72 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 13.5 | 15.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
31.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 123 |
| Opened positions | 37 |
| Closed positions | 20 |
| Increased positions | 35 |
| Reduced positions | 28 |
| 13F shares | Current |
|---|---|
| Total value | 430.00 mm |
| Total shares | 101.38 mm |
| Total puts | 35.00 k |
| Total calls | 66.07 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Conyers Park II Sponsor | 18.48 mm | $243.43 mm |
| Leonard Green & Partners | 15.45 mm | $32.91 mm |
| Baupost | 11.84 mm | $24.67 mm |
| T. Rowe Price Investment Management | 8.84 mm | $18.83 mm |
| Vanguard | 8.13 mm | $17.32 mm |
| FMR | 6.89 mm | $14.68 mm |
| BLK Blackrock | 5.55 mm | $11.82 mm |
| Bain Capital Investors | 2.89 mm | $6.16 mm |
| Bridgeway Capital Management | 2.40 mm | $5.11 mm |
| Armistice Capital | 2.40 mm | $5.11 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Feb 23 | Peacock David A | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,698,112 | 0.00 | 1,698,112 |
| 1 Feb 23 | Peacock David A | Stock Option Class A Common Stock | Grant | Acquire A | No | No | 10 | 3,250,000 | 32.50 mm | 3,250,000 |
| 1 Feb 23 | Peacock David A | Stock Option Class A Common Stock | Grant | Acquire A | No | No | 5 | 2,750,000 | 13.75 mm | 2,750,000 |
| 1 Feb 23 | Peacock David A | Stock Option Class A Common Stock | Grant | Acquire A | No | No | 2.65 | 2,000,000 | 5.30 mm | 2,000,000 |
| 18 Jan 23 | Domier Tanya L | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.19 | 44,167 | 96.73 k | 426,734 |
| 18 Jan 23 | Dean Kaye | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.19 | 14,307 | 31.33 k | 114,482 |
News
Advantage Solutions Names Dave Peacock New CEO And New Board Member Effective February 1, 2023
18 Jan 23
Morgan Stanley Maintains Equal-Weight on Advantage Solutions, Lowers Price Target to $3
4 Jan 23
Stocks That Hit 52-Week Lows On Thursday
22 Dec 22
Looking Into Advantage Solutions's Return On Invested Capital
19 Dec 22
Stocks That Hit 52-Week Lows On Friday
16 Dec 22