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 the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $10,080,000. The trade was a 6.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mission Produce Price Performance

Shares of NASDAQ:AVO opened at $9.76 on Friday. The company has a 50-day moving average price of $11.69 and a 200 day moving average price of $12.46. Mission Produce, Inc. has a 52 week low of $9.54 and a 52 week high of $15.25. The company has a quick ratio of 1.26, a current ratio of 1.87 and a debt-to-equity ratio of 0.23. The company has a market cap of $693.66 million, a P/E ratio of 19.14 and a beta of 0.47.

Institutional Investors Weigh In On Mission Produce

A number of hedge funds and other institutional investors have recently modified their holdings of AVO. R Squared Ltd acquired a new stake in shares of Mission Produce during the 4th quarter valued at approximately $34,000. New York State Teachers Retirement System acquired a new stake in shares of Mission Produce during the 4th quarter valued at approximately $57,000. Ameriflex Group Inc. acquired a new stake in shares of Mission Produce during the 4th quarter valued at approximately $57,000. State of Wyoming acquired a new stake in shares of Mission Produce during the 4th quarter valued at approximately $63,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Mission Produce during the 3rd quarter valued at approximately $76,000. 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.