Luis A. Gonzalez Sells 31,157 Shares of Mission Produce, Inc. (NASDAQ:AVO) Stock

Mission Produce, Inc. (NASDAQ:AVO) Director Luis A. Gonzalez sold 31,157 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $11.22, for a total transaction of $349,581.54. Following the sale, the director now owns 7,466,920 shares of the company’s stock, valued at approximately $83,778,842.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mission Produce Stock Performance

NASDAQ AVO opened at $11.47 on Friday. The company has a market capitalization of $812.65 million, a PE ratio of 143.38 and a beta of 0.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.47 and a current ratio of 2.27. The company has a 50-day simple moving average of $11.33 and a 200 day simple moving average of $10.20. Mission Produce, Inc. has a 52-week low of $8.19 and a 52-week high of $13.99.

Mission Produce (NASDAQ:AVO) last posted its earnings results on Monday, March 11th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.16. The firm had revenue of $258.70 million during the quarter, compared to the consensus estimate of $188.40 million. Mission Produce had a net margin of 0.60% and a return on equity of 3.98%. On average, research analysts predict that Mission Produce, Inc. will post 0.31 EPS for the current year.

Hedge Funds Weigh In On Mission Produce

Several hedge funds have recently bought and sold shares of AVO. Signaturefd LLC grew its stake in Mission Produce by 638.5% during the third quarter. Signaturefd LLC now owns 2,917 shares of the company’s stock valued at $28,000 after acquiring an additional 2,522 shares in the last quarter. Quadrant Capital Group LLC grew its stake in Mission Produce by 68.5% during the fourth quarter. Quadrant Capital Group LLC now owns 3,877 shares of the company’s stock valued at $39,000 after acquiring an additional 1,576 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in Mission Produce by 437.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,004 shares of the company’s stock valued at $50,000 after purchasing an additional 4,073 shares during the last quarter. Quantbot Technologies LP bought a new stake in Mission Produce during the third quarter valued at approximately $61,000. Finally, Panagora Asset Management Inc. bought a new stake in Mission Produce during the third quarter valued at approximately $110,000. Hedge funds and other institutional investors 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.