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Mission Produce, Inc. (NASDAQ:AVO) Shares Sold by Walleye Capital LLC

Mission Produce logo with Consumer Staples background

Walleye Capital LLC lowered its stake in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 74.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,133 shares of the company's stock after selling 113,097 shares during the quarter. Walleye Capital LLC owned about 0.05% of Mission Produce worth $548,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVO. Geode Capital Management LLC raised its position in shares of Mission Produce by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,076,007 shares of the company's stock worth $13,797,000 after buying an additional 22,090 shares in the last quarter. American Century Companies Inc. raised its holdings in Mission Produce by 328.2% during the fourth quarter. American Century Companies Inc. now owns 485,095 shares of the company's stock worth $6,971,000 after purchasing an additional 371,813 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Mission Produce by 23.2% in 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 during the period. Trexquant Investment LP lifted its position 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. Finally, Bank of New York Mellon Corp boosted its stake in Mission Produce by 36.5% during the 4th quarter. Bank of New York Mellon Corp now owns 164,353 shares of the company's stock valued at $2,362,000 after purchasing an additional 43,957 shares in the last quarter. Institutional investors own 63.57% of the company's stock.

Insider Buying and Selling

In related news, 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 completion of the sale, the insider now directly owns 1,000,000 shares of the company's stock, valued at $10,080,000. This represents a 6.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 35.41% of the stock is owned by corporate insiders.

Mission Produce Stock Up 1.8 %

AVO opened at $10.48 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 1.87. The company has a market capitalization of $744.83 million, a PE ratio of 20.55 and a beta of 0.54. The stock's fifty day moving average is $10.77 and its 200-day moving average is $12.05. Mission Produce, Inc. has a one year low of $9.54 and a one year high of $15.25.

About Mission Produce

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Mission Produce (NASDAQ:AVO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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