EntryPoint Capital LLC Acquires 4,472 Shares of Mission Produce, Inc. (NASDAQ:AVO)

EntryPoint Capital LLC grew its stake in Mission Produce, Inc. (NASDAQ:AVO) by 30.2% during the 4th quarter, HoldingsChannel reports. The firm owned 19,274 shares of the company’s stock after acquiring an additional 4,472 shares during the quarter. EntryPoint Capital LLC’s holdings in Mission Produce were worth $277,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. American Century Companies Inc. lifted its holdings in Mission Produce by 328.2% during the 4th quarter. American Century Companies Inc. now owns 485,095 shares of the company’s stock valued at $6,971,000 after purchasing an additional 371,813 shares during the last quarter. Walleye Capital LLC bought a new position in shares of Mission Produce in the third quarter valued at approximately $1,939,000. Los Angeles Capital Management LLC acquired a new position in shares of Mission Produce in the 4th quarter worth approximately $2,147,000. 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 worth $2,029,000 after acquiring an additional 100,055 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new stake in Mission Produce during the 4th quarter worth approximately $1,133,000. 63.57% of the stock is owned by institutional investors and hedge funds.

Mission Produce Trading Down 1.5 %

Shares of AVO opened at $10.12 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 1.87. The company has a market cap of $719.25 million, a price-to-earnings ratio of 19.84 and a beta of 0.47. The stock has a fifty day moving average price of $11.44 and a two-hundred day moving average price of $12.43. Mission Produce, Inc. has a 52-week low of $9.54 and a 52-week high of $15.25.

Insider Activity

In other Mission Produce news, insider Juan R. Wiesner sold 75,153 shares of the company’s 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 of the company’s stock, valued at approximately $10,080,000. This represents a 6.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen J. Barnard sold 7,032 shares of Mission Produce stock in a transaction on Monday, December 30th. The shares were sold at an average price of $14.51, for a total value of $102,034.32. Following the completion of the sale, the chief executive officer now directly owns 1,787,450 shares of the company’s stock, valued at $25,935,899.50. This trade represents a 0.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 138,285 shares of company stock worth $1,572,120. 35.41% of the stock is owned by corporate insiders.

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.