American Century Companies Inc. Has $6.97 Million Stock Holdings in Mission Produce, Inc. (NASDAQ:AVO)

American Century Companies Inc. boosted its holdings in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 328.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 485,095 shares of the company's stock after acquiring an additional 371,813 shares during the quarter. American Century Companies Inc. owned about 0.68% of Mission Produce worth $6,971,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quantbot Technologies LP lifted its position in shares of Mission Produce by 104.7% during the 4th quarter. Quantbot Technologies LP now owns 12,062 shares of the company's stock valued at $173,000 after acquiring an additional 6,169 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Mission Produce during the fourth quarter worth $1,133,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Mission Produce by 56.3% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,897 shares of the company's stock valued at $2,269,000 after purchasing an additional 56,885 shares during the last quarter. HighTower Advisors LLC acquired a new position in shares of Mission Produce in the 4th quarter valued at $166,000. Finally, Raymond James Financial Inc. purchased a new position in Mission Produce in the 4th quarter worth about $803,000. 63.57% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Juan R. Wiesner sold 75,153 shares of Mission Produce stock in a transaction on Thursday, March 20th. The stock was 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. The trade was a 6.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold 97,975 shares of company stock worth $989,238 over the last 90 days. 35.41% of the stock is owned by company insiders.

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Mission Produce Trading Down 2.6 %

NASDAQ AVO traded down $0.26 on Tuesday, hitting $9.78. 303,911 shares of the company were exchanged, compared to its average volume of 287,342. 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 twelve month low of $9.54 and a twelve month high of $15.25. The firm has a market capitalization of $695.08 million, a P/E ratio of 19.18 and a beta of 0.54. The company's 50 day moving average price is $11.12 and its 200-day moving average price is $12.26.

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.