Mission Produce, Inc. (NASDAQ:AVO) Insider Juan R. Wiesner Sells 75,153 Shares

Mission Produce, Inc. (NASDAQ:AVO) insider Juan R. Wiesner sold 75,153 shares of Mission Produce stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $10.08, for a total transaction of $757,542.24. Following the completion of the sale, the insider now owns 1,000,000 shares in the company, valued at $10,080,000. The trade was a 6.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Mission Produce Stock Down 2.9 %

Shares of AVO stock opened at $9.76 on Friday. The company has a current ratio of 1.87, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23. Mission Produce, Inc. has a 1 year low of $9.54 and a 1 year high of $15.25. The firm’s fifty day moving average price is $11.69 and its two-hundred day moving average price is $12.47. The firm has a market capitalization of $693.66 million, a P/E ratio of 19.14 and a beta of 0.47.

Institutional Investors Weigh In On Mission Produce

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVO. American Century Companies Inc. increased its stake in Mission Produce by 328.2% in the 4th quarter. American Century Companies Inc. now owns 485,095 shares of the company’s stock valued at $6,971,000 after buying an additional 371,813 shares during the last quarter. Millennium Management LLC increased its stake in shares of Mission Produce by 153.3% during the 4th quarter. Millennium Management LLC now owns 453,757 shares of the company’s stock worth $6,520,000 after purchasing an additional 274,591 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Mission Produce by 16.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,787,778 shares of the company’s stock worth $25,691,000 after purchasing an additional 257,344 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of Mission Produce during the 3rd quarter worth about $1,939,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Mission Produce during the 4th quarter worth about $2,147,000. 63.57% of the stock is currently owned by institutional investors and hedge funds.

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.