Insider Selling: Mission Produce, Inc. (NASDAQ:AVO) Insider Sells 21,892 Shares of Stock

Mission Produce, Inc. (NASDAQ:AVO) insider Juan R. Wiesner sold 21,892 shares of the stock in a transaction dated 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Mission Produce Stock Performance

AVO opened at $10.13 on Thursday. Mission Produce, Inc. has a 12-month low of $9.54 and a 12-month high of $15.25. The company has a current ratio of 1.87, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $719.96 million, a PE ratio of 19.86 and a beta of 0.47. The firm has a 50 day moving average of $11.78 and a two-hundred day moving average of $12.48.

Hedge Funds Weigh In On Mission Produce

Hedge funds have recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Mission Produce in the fourth quarter valued at approximately $34,000. New York State Teachers Retirement System purchased a new position in shares of Mission Produce during the 4th quarter worth $57,000. Ameriflex Group Inc. purchased a new stake in shares of Mission Produce in the fourth quarter valued at about $57,000. State of Wyoming purchased a new stake in shares of Mission Produce during the 4th quarter valued at approximately $63,000. Finally, Quantbot Technologies LP purchased a new position in Mission Produce in the third quarter worth approximately $76,000. 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.