Vanguard Group Inc. Trims Stock Holdings in Mission Produce, Inc. (NASDAQ:AVO)

Vanguard Group Inc. reduced its position in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 1.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,834,365 shares of the company's stock after selling 48,873 shares during the period. Vanguard Group Inc. owned about 4.00% of Mission Produce worth $40,730,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Mission Produce by 308.8% during the 3rd quarter. Barclays PLC now owns 67,092 shares of the company's stock worth $860,000 after acquiring an additional 50,680 shares during the period. Jane Street Group LLC boosted its holdings in shares of Mission Produce by 171.9% in the 3rd quarter. Jane Street Group LLC now owns 158,257 shares of the company's stock valued at $2,029,000 after purchasing an additional 100,055 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Mission Produce by 48.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,863 shares of the company's stock valued at $665,000 after buying an additional 16,968 shares during the period. Teacher Retirement System of Texas purchased a new position in shares of Mission Produce in the 4th quarter worth $1,133,000. Finally, New York State Common Retirement Fund boosted its holdings in 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 valued at $137,000 after acquiring an additional 4,000 shares during the last quarter. 63.57% of the stock is currently owned by institutional investors and hedge funds.

Mission Produce Trading Up 1.9 %

AVO stock traded up $0.19 during trading on Thursday, reaching $10.14. 38,895 shares of the stock traded hands, compared to its average volume of 348,144. The business's 50 day moving average price is $10.88 and its 200-day moving average price is $12.13. The firm has a market capitalization of $720.60 million, a PE ratio of 19.89 and a beta of 0.54. 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 52-week low of $9.54 and a 52-week high of $15.25.

Remove Ads

Insider Transactions at Mission Produce

In other news, insider Juan R. Wiesner sold 21,892 shares of the 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 completion of the sale, the insider now owns 21,412 shares of the company's stock, valued at $215,190.60. This represents a 50.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company 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.