78,842 Shares in Mission Produce, Inc. (NASDAQ:AVO) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new stake in Mission Produce, Inc. (NASDAQ:AVO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 78,842 shares of the company's stock, valued at approximately $1,133,000. Teacher Retirement System of Texas owned approximately 0.11% of Mission Produce at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. R Squared Ltd purchased a new position in Mission Produce in the 4th quarter valued at about $34,000. New York State Teachers Retirement System acquired a new position in shares of Mission Produce during the fourth quarter valued at approximately $57,000. Quantbot Technologies LP purchased a new position in shares of Mission Produce in the third quarter valued at approximately $76,000. Quarry LP purchased a new position in shares of Mission Produce in the third quarter valued at approximately $114,000. Finally, New York State Common Retirement Fund boosted its stake in shares of Mission Produce by 72.6% in the fourth quarter. New York State Common Retirement Fund now owns 9,509 shares of the company's stock worth $137,000 after acquiring an additional 4,000 shares during the last quarter. 63.57% of the stock is owned by institutional investors and hedge funds.

Mission Produce Price Performance

NASDAQ AVO traded down $0.31 during mid-day trading on Wednesday, hitting $10.18. The stock had a trading volume of 490,947 shares, compared to its average volume of 284,448. Mission Produce, Inc. has a twelve month low of $9.54 and a twelve month high of $15.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26. The firm's 50 day moving average is $11.33 and its 200 day moving average is $12.37. The stock has a market capitalization of $723.51 million, a price-to-earnings ratio of 19.96 and a beta of 0.47.

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Insider Activity

In other news, insider Juan R. Wiesner sold 21,892 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $10.05, for a total value of $220,014.60. Following the completion of the sale, the insider now directly owns 21,412 shares in the company, valued at $215,190.60. This represents a 50.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 97,975 shares of company stock worth $989,238 over the last three months. Insiders own 35.41% of the company's stock.

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.