Raymond James Financial Inc. Takes Position in Mission Produce, Inc. (NASDAQ:AVO)

Raymond James Financial Inc. bought a new position in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 55,897 shares of the company's stock, valued at approximately $803,000. Raymond James Financial Inc. owned about 0.08% of Mission Produce at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. R Squared Ltd bought a new stake in Mission Produce during the 4th quarter valued at approximately $34,000. New York State Teachers Retirement System acquired a new stake in shares of Mission Produce in the fourth quarter worth $57,000. Quantbot Technologies LP acquired a new stake in shares of Mission Produce in the third quarter worth $76,000. Quarry LP bought a new position in Mission Produce during the third quarter worth $114,000. Finally, New York State Common Retirement Fund raised its stake in Mission Produce by 72.6% during the 4th quarter. New York State Common Retirement Fund now owns 9,509 shares of the company's stock valued at $137,000 after purchasing an additional 4,000 shares during the last quarter. 63.57% of the stock is currently owned by institutional investors.

Mission Produce Stock Performance

NASDAQ AVO traded down $0.28 during midday trading on Thursday, hitting $9.74. The company had a trading volume of 310,381 shares, compared to its average volume of 289,019. The firm has a fifty day simple moving average of $11.00 and a two-hundred day simple moving average of $12.20. 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 stock has a market cap of $692.24 million, a price-to-earnings ratio of 19.10 and a beta of 0.54.

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Insider Activity at Mission Produce

In other Mission Produce news, insider Juan R. Wiesner sold 21,892 shares of the business's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $10.05, for a total value of $220,014.60. Following the sale, the insider now owns 21,412 shares of the company's stock, valued at $215,190.60. The trade was a 50.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 35.41% of the company's stock.

Mission Produce 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.