Mission Produce, Inc. (NASDAQ:AVO - Get Free Report) Director Taylor Family Investments, Llc sold 959 shares of the company's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $13.00, for a total transaction of $12,467.00. Following the completion of the transaction, the director now directly owns 9,127,174 shares in the company, valued at approximately $118,653,262. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Mission Produce Stock Down 1.4 %
Shares of NASDAQ:AVO opened at $12.99 on Tuesday. The firm has a market capitalization of $921.12 million, a PE ratio of 51.96 and a beta of 0.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.49 and a current ratio of 2.02. Mission Produce, Inc. has a 52-week low of $8.19 and a 52-week high of $13.45. The firm has a fifty day moving average of $10.82 and a 200 day moving average of $11.16.
Institutional Investors Weigh In On Mission Produce
Several hedge funds have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC increased its position in shares of Mission Produce by 68.5% during the 4th quarter. Quadrant Capital Group LLC now owns 3,877 shares of the company's stock valued at $39,000 after purchasing an additional 1,576 shares during the last quarter. Lazard Asset Management LLC grew its position in Mission Produce by 245.2% during the first quarter. Lazard Asset Management LLC now owns 4,381 shares of the company's stock valued at $52,000 after acquiring an additional 3,112 shares during the last quarter. Point72 DIFC Ltd purchased a new position in shares of Mission Produce during the second quarter worth approximately $53,000. Point72 Asset Management L.P. purchased a new position in shares of Mission Produce during the second quarter worth approximately $53,000. Finally, nVerses Capital LLC bought a new stake in shares of Mission Produce in the 2nd quarter worth approximately $67,000. Institutional investors own 63.57% of the company's stock.
Wall Street Analysts Forecast Growth
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
From Paradigm Press | Ad
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs…
A predicted Trump would win.
You won’t believe what he’s predicting now.
Click here to see it because it’s a SHOCKER…
A number of brokerages have weighed in on AVO. Lake Street Capital restated a "buy" rating and issued a $15.00 target price on shares of Mission Produce in a research note on Tuesday, September 10th. Roth Mkm upped their price objective on shares of Mission Produce from $14.00 to $16.00 and gave the stock a "buy" rating in a research report on Wednesday, September 11th.
Get Our Latest Research Report on Mission Produce
Mission Produce Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
