Mission Produce, Inc. (NASDAQ:AVO) Insider Juan R. Wiesner Sells 75,153 Shares

Mission Produce, Inc. (NASDAQ:AVO - Get Free Report) insider Juan R. Wiesner sold 75,153 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $10.08, for a total transaction of $757,542.24. Following the transaction, the insider now owns 1,000,000 shares in the company, valued at approximately $10,080,000. This represents a 6.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Mission Produce Stock Up 0.5 %

NASDAQ AVO traded up $0.05 during trading on Monday, hitting $9.81. The company's stock had a trading volume of 242,608 shares, compared to its average volume of 272,629. The business's 50 day simple moving average is $11.69 and its 200-day simple moving average is $12.48. The company has a market cap of $697.22 million, a PE ratio of 19.24 and a beta of 0.47. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26. Mission Produce, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $15.25.

Institutional Investors Weigh In On Mission Produce

Several institutional investors and hedge funds have recently made changes to their positions in AVO. Dimensional Fund Advisors LP boosted its position in Mission Produce by 16.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,787,778 shares of the company's stock valued at $25,691,000 after buying an additional 257,344 shares during the last quarter. Geode Capital Management LLC boosted 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 worth $13,797,000 after purchasing an additional 22,090 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Mission Produce by 328.2% during the 4th quarter. American Century Companies Inc. now owns 485,095 shares of the company's stock valued at $6,971,000 after buying an additional 371,813 shares in the last quarter. Millennium Management LLC lifted its position in shares of Mission Produce by 153.3% during the 4th quarter. Millennium Management LLC now owns 453,757 shares of the company's stock valued at $6,520,000 after buying an additional 274,591 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Mission Produce by 12.0% in the 4th quarter. Northern Trust Corp now owns 435,305 shares of the company's stock valued at $6,255,000 after acquiring an additional 46,748 shares during the period. 63.57% of the stock is currently owned by institutional investors and hedge funds.

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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.