Dynamic Technology Lab Private Ltd Sells 53,388 Shares of Mission Produce, Inc. (NASDAQ:AVO)

Dynamic Technology Lab Private Ltd lessened its holdings in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 65.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 28,426 shares of the company's stock after selling 53,388 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Mission Produce were worth $408,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in AVO. Wells Fargo & Company MN increased its stake in shares of Mission Produce by 16.3% in the 4th quarter. Wells Fargo & Company MN now owns 40,560 shares of the company's stock valued at $583,000 after acquiring an additional 5,676 shares during the last quarter. ExodusPoint Capital Management LP increased its stake in Mission Produce by 26.5% in the fourth quarter. ExodusPoint Capital Management LP now owns 77,767 shares of the company's stock valued at $1,118,000 after purchasing an additional 16,290 shares in the last quarter. Trexquant Investment LP raised its holdings in Mission Produce by 255.2% in the fourth quarter. Trexquant Investment LP now owns 201,975 shares of the company's stock worth $2,902,000 after purchasing an additional 145,111 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Mission Produce by 23.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 415,132 shares of the company's stock worth $5,965,000 after purchasing an additional 78,106 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Mission Produce by 161.9% in the 4th quarter. JPMorgan Chase & Co. now owns 135,824 shares of the company's stock valued at $1,952,000 after buying an additional 83,961 shares during the period. Institutional investors own 63.57% of the company's stock.

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Insider Transactions at Mission Produce

In other Mission Produce news, insider Juan R. Wiesner sold 75,153 shares of Mission Produce stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $10.08, for a total value of $757,542.24. Following the transaction, the insider now owns 1,000,000 shares of the company's stock, valued at approximately $10,080,000. The trade was a 6.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 35.41% of the stock is currently owned by insiders.

Mission Produce Trading Down 1.8 %

Mission Produce stock traded down $0.19 during mid-day trading on Tuesday, hitting $10.03. 29,279 shares of the company's stock were exchanged, compared to its average volume of 288,789. Mission Produce, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $15.25. The company has a quick ratio of 1.26, a current ratio of 1.87 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $712.50 million, a P/E ratio of 19.64 and a beta of 0.54. The company's 50 day simple moving average is $10.94 and its 200-day simple moving average is $12.16.

Mission Produce Company Profile

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.