Advantage Solutions (ADV) CFO Growe Sells 7,202 Shares

Christopher Growe, the Chief Financial Officer of Advantage Solutions Inc. (NasdaqGS: ADV), sold 7,202 shares of the company on June 23, 2026. The shares were not part of a planned sale under Rule 10b5-1. This insider transaction did not specify the sale price or total value.

Insider Buying and Selling at Advantage Solutions Inc.

In addition to Christopher Growe's recent sale, he was involved in several transactions earlier in June. On June 12, 2026, he sold 2,162 shares at $39.20 each and made other unpriced sales totaling 3,971 shares. Meanwhile, Michael Larry Taylor, the Chief Operating Officer for Retailer Services and Activation, purchased 7,092 shares on June 12 without a specified price.

Other Institutional Activity in Advantage Solutions

Several institutional investors made significant changes to their positions in Advantage Solutions. Castleknight Management LP reduced its holdings by 11,046,627 shares, ending with 748,323 shares valued at approximately $15.8 million, a 93.7% decrease. Leonard Green & Partners, L.P. also cut its stake by 14,832,000 shares, leaving it with 618,000 shares worth about $13.1 million, marking a 96% decrease. CVC Management Holdings II Ltd. followed suit, reducing its position by 14,678,400 shares to 611,600 shares valued at $12.9 million, representing a 96% decrease. BlackRock, Inc. trimmed its stake by 6,722,564 shares, now holding 281,289 shares worth about $5.9 million, a 96% decrease. Meanwhile, Vanguard Capital Management LLC opened a new position with 233,632 shares valued at approximately $4.9 million.

Advantage Solutions Inc. Stock Up 32.2%

Shares of Advantage Solutions Inc. traded near $42.93 on Friday. The company has a market capitalization of $476.5 million and a forward P/E ratio of 3.84. With a beta of 2.129, the stock has been volatile, ranging from a low of $12.23 to a high of $53.63 over the past year. The 50-day moving average stands at $35.75, while the 200-day moving average is $29.05. Advantage Solutions maintains a current ratio of 1.95 and a quick ratio of 1.74, though it carries a high debt-to-equity ratio of 323.59.

Analysts Set New Price Targets

On May 7, 2026, Canaccord Genuity maintained its buy rating for Advantage Solutions with a price target of $50. The consensus among two analysts is a target mean price of $42.50, with a high estimate of $50.00 and a low of $35.00.

About Advantage Solutions

Advantage Solutions Inc., headquartered in Saint Louis, Missouri, offers outsourced sales, marketing, merchandising, sampling, and retailer support services. The company operates in three segments: Branded Services, Experiential Services, and Retailer Services, serving consumer goods manufacturers and retailers across North America, Asia Pacific, and Europe. Led by CEO David A. Peacock, Advantage Solutions employs around 16,000 people and provides a variety of services aimed at driving consumer engagement and supporting retail operations.

Bottom Line

Christopher Growe's sale of shares is a notable insider transaction at Advantage Solutions, a company actively followed by investors for its role in the advertising industry. The stock's recent trading activity and analyst ratings provide insight into market perceptions, though the high debt-to-equity ratio remains a point of interest. As with all 13F filings and insider transactions, this information reflects past actions and may not indicate current positions.