Juan R. Wiesner Sells 21,892 Shares of Mission Produce, Inc. (NASDAQ:AVO) Stock

Mission Produce, Inc. (NASDAQ:AVO) insider Juan R. Wiesner sold 21,892 shares of the firm’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 directly owns 21,412 shares of the company’s stock, valued at $215,190.60. This represents a 50.55 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Mission Produce Trading Down 0.8 %

Shares of Mission Produce stock opened at $10.05 on Friday. Mission Produce, Inc. has a 1 year low of $9.54 and a 1 year 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 company has a market capitalization of $714.27 million, a price-to-earnings ratio of 19.71 and a beta of 0.47. The business has a fifty day simple moving average of $11.73 and a two-hundred day simple moving average of $12.47.

Institutional Investors Weigh In On Mission Produce

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Mission Produce by 16.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,787,778 shares of the company’s stock worth $25,691,000 after buying an additional 257,344 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Mission Produce by 2.1% during the third 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. lifted its holdings in shares of 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 buying an additional 371,813 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Mission Produce by 153.3% during the fourth quarter. Millennium Management LLC now owns 453,757 shares of the company’s stock worth $6,520,000 after buying an additional 274,591 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Mission Produce by 12.0% during the fourth quarter. Northern Trust Corp now owns 435,305 shares of the company’s stock worth $6,255,000 after buying an additional 46,748 shares in the last quarter. Institutional investors and hedge funds own 63.57% of the company’s stock.

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.