Advantage Solutions sold to Allspring Global Investments Holdings LLC

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Advantage Solutions ($NASDAQ:ADV) Inc. is a company that provides sales and marketing solutions for consumer goods manufacturers and retailers. The company has announced that Allspring Global Investments Holdings LLC has sold 55,693 shares of the company. This is a positive development for the company as it will help to increase its ownership stake in the company.

Share Price

The media sentiment has been mostly positive, with the stock opening and closing at $3.3 on Friday. This is an increase of 1.8% from the previous closing price of $3.3.

VI Analysis

Advantage Solutions is a data-driven marketing and sales solutions company. The company’s fundamentals reflect its long term potential and based on the VI Star Chart, Advantage Solutions is classified as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Investors interested in such a company would be looking for stability and potential for long-term growth.

Advantage Solutions is strong in cashflows and debt, is capable to pay off debt and fund future operations. The company is also medium in growth, profitability and weak in asset, dividend.

VI Peers

The company operates in North America, Europe, and Asia Pacific. Cliq Digital AG, Kaizen Platform Inc, and Criteo SA are its major competitors.

– Cliq Digital AG ($OTCPK:CLQDF)

Cliq Digital AG is a German media and technology company. The Company develops, markets and sells digital media products and services. It operates in two segments: Media and Technology. The Media segment comprises the development, marketing and sale of digital media products, such as e-books, audio books, music, games and software. The Technology segment provides technology solutions for the digital media industry, including e-commerce, content management, billing, customer relationship management and fulfillment solutions.

– Kaizen Platform Inc ($TSE:4170)

As of 2022, Kaizen Platform Inc has a market cap of 8.42B and a Return on Equity of 0.74%. The company provides a cloud-based software platform that helps businesses drive growth and improve customer engagement.

– Criteo SA ($NASDAQ:CRTO)

Criteo is a French company that specializes in performance display advertising. Its technology platform enables advertisers to target, personalize, and measure their advertising campaigns. The company was founded in 2005 and is headquartered in Paris, France.

Summary

Investing in Advantage Solutions can be a great way to gain exposure to the consumer packaged goods industry. Advantage Solutions provides sales and marketing services to many well-known CPG brands, which gives it strong relationships with both manufacturers and retailers. This provides the company with a unique perspective on trends within the industry. Advantage Solutions has a long track record of success. In addition, the company has a strong management team with a lot of experience in the CPG industry. There are a few risks to consider before investing in Advantage Solutions.

First, the company is heavily reliant on the CPG industry, so it is exposed to any negative trends within that industry. Second, the company has a lot of debt, which could be a problem if business conditions deteriorate. Overall, Advantage Solutions is a well-positioned company within the CPG industry. It has strong relationships with key players in the industry, a long track record of success, and experienced management. While there are some risks to consider, the company looks like a solid investment for those interested in the CPG industry.