Barclays PLC Boosts Stake in Mission Produce, Inc. (NASDAQ:AVO)

Barclays PLC raised its stake in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 308.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,092 shares of the company's stock after purchasing an additional 50,680 shares during the period. Barclays PLC owned 0.09% of Mission Produce worth $860,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in shares of Mission Produce by 25.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,327,266 shares of the company's stock worth $13,113,000 after purchasing an additional 266,489 shares during the period. Geode Capital Management LLC increased its position in Mission Produce by 2.1% during the third quarter. Geode Capital Management LLC now owns 1,076,007 shares of the company's stock valued at $13,797,000 after acquiring an additional 22,090 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Mission Produce by 202.1% in the second quarter. Marshall Wace LLP now owns 215,047 shares of the company's stock valued at $2,125,000 after acquiring an additional 143,858 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Mission Produce by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 161,591 shares of the company's stock worth $1,597,000 after acquiring an additional 4,160 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Mission Produce by 171.9% during the 3rd quarter. Jane Street Group LLC now owns 158,257 shares of the company's stock worth $2,029,000 after purchasing an additional 100,055 shares during the period. 63.57% of the stock is owned by institutional investors.

Insider Activity at Mission Produce

In other Mission Produce news, CEO Stephen J. Barnard sold 7,032 shares of the company's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $14.51, for a total value of $102,034.32. Following the sale, the chief executive officer now directly owns 1,787,450 shares of the company's stock, valued at approximately $25,935,899.50. This represents a 0.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jay A. Pack sold 59,165 shares of the company's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $14.70, for a total value of $869,725.50. Following the completion of the sale, the director now owns 1,015,160 shares in the company, valued at approximately $14,922,852. This represents a 5.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 224,252 shares of company stock valued at $3,256,786 over the last ninety days. 41.60% of the stock is owned by company insiders.

Mission Produce Trading Up 0.6 %

Shares of NASDAQ:AVO traded up $0.08 during trading on Thursday, reaching $12.42. 142,580 shares of the company were exchanged, compared to its average volume of 394,100. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26. The firm has a market capitalization of $880.83 million, a PE ratio of 24.35 and a beta of 0.50. The business's fifty day simple moving average is $13.30 and its 200-day simple moving average is $12.08. Mission Produce, Inc. has a 12-month low of $9.54 and a 12-month high of $15.25.

About Mission Produce

Mission Produce, Inc engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries.