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

Mission Produce, Inc. (NASDAQ:AVO) insider Juan R. Wiesner sold 75,153 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $10.08, for a total value 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mission Produce Trading Down 0.8 %

Shares of NASDAQ:AVO opened at $10.05 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 12-month low of $9.54 and a 12-month high of $15.25. The business has a 50 day moving average of $11.73 and a two-hundred day moving average of $12.47. The company has a market capitalization of $714.27 million, a PE ratio of 19.71 and a beta of 0.47.

Hedge Funds Weigh In On Mission Produce

Several institutional investors have recently made changes to their positions in AVO. R Squared Ltd acquired a new stake in Mission Produce during the fourth quarter valued at $34,000. New York State Teachers Retirement System acquired a new stake in shares of Mission Produce during the 4th quarter valued at about $57,000. Ameriflex Group Inc. purchased a new position in shares of Mission Produce in the 4th quarter valued at about $57,000. State of Wyoming acquired a new position in Mission Produce in the 4th quarter worth about $63,000. Finally, Quantbot Technologies LP purchased a new position in Mission Produce during the third quarter worth approximately $76,000. 63.57% of the stock is owned by hedge funds and other institutional investors.

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.