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Advantage Solutions Inc (ADV) receives a Buy rating from Canaccord Genuity

Advantage Solutions Inc’s recently made public that its Director KILTS JAMES M acquired Company’s shares for reported $56678.0 on Mar 18 ’25. In the deal valued at $1.57 per share,36,181 shares were bought. As a result of this transaction, KILTS JAMES M now holds 929,477 shares worth roughly $1.64 million.

Then, KILTS JAMES M bought 34,708 shares, generating $58,577 in total proceeds. Upon buying the shares at $1.69, the Director now owns 865,345 shares.

Before that, KILTS JAMES M bought 27,951 shares. Advantage Solutions Inc shares valued at $45,742 were divested by the Director at a price of $1.64 per share. As a result of the transaction, KILTS JAMES M now holds 893,296 shares, worth roughly $1.57 million.

Canaccord Genuity initiated its Advantage Solutions Inc [ADV] rating to a Buy in a research note published on December 06, 2023; the price target was $4. Deutsche Bank began covering ADV with “Hold” recommendation on March 30, 2022. Goldman revised its rating on March 04, 2022. It rated ADV as “a Neutral” which previously was an “a Buy”.

Price Performance Review of ADV

On Friday, Advantage Solutions Inc [NASDAQ:ADV] saw its stock jump 6.02% to $1.76. Over the last five days, the stock has gained 3.53%. Advantage Solutions Inc shares have fallen nearly -39.73% since the year began. Nevertheless, the stocks have fallen -58.59% over the past one year. While a 52-week high of $4.95 was reached on 01/27/25, a 52-week low of $1.51 was recorded on 03/18/25. SMA at 50 days reached $2.3905, while 200 days put it at $3.1458.

Levels Of Support And Resistance For ADV Stock

The 24-hour chart illustrates a support level at 1.6783, which if violated will result in even more drops to 1.5967. On the upside, there is a resistance level at 1.8233. A further resistance level may holdings at 1.8867. The Relative Strength Index (RSI) on the 14-day chart is 37.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1306, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.86%. Stochastics %K at 21.38% indicates the stock is a holding.

How much short interest is there in Advantage Solutions Inc?

A steep rise in short interest was recorded in Advantage Solutions Inc stocks on 2025-02-28, growing by 25224.0 shares to a total of 8.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.37 million shares. There was a rise of 0.3%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 01, 2021 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $13 price target.

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