Mission Produce, Inc. (NASDAQ:AVO) CFO Bryan E. Giles Sells 15,000 Shares

Mission Produce, Inc. (NASDAQ:AVO) CFO Bryan E. Giles sold 15,000 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $14.40, for a total value of $216,000.00. Following the transaction, the chief financial officer now owns 122,137 shares in the company, valued at approximately $1,758,772.80. This represents a 10.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Mission Produce Stock Down 1.3 %

NASDAQ AVO traded down $0.19 during midday trading on Thursday, hitting $14.18. 504,145 shares of the company traded hands, compared to its average volume of 240,221. The company has a market cap of $1.01 billion, a PE ratio of 42.97 and a beta of 0.54. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.40. Mission Produce, Inc. has a 52 week low of $9.54 and a 52 week high of $15.25. The company’s 50-day simple moving average is $13.20 and its 200-day simple moving average is $11.87.

Analyst Ratings Changes

Several research analysts have issued reports on AVO shares. Lake Street Capital reiterated a “buy” rating and set a $15.00 target price on shares of Mission Produce in a report on Tuesday, September 10th. Roth Mkm upped their price target 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.

Institutional Investors Weigh In On Mission Produce

Institutional investors have recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. bought a new position in Mission Produce in the second quarter worth about $53,000. Point72 DIFC Ltd purchased a new position in shares of Mission Produce in the 2nd quarter worth approximately $53,000. Quantbot Technologies LP bought a new position in shares of Mission Produce during the 3rd quarter worth approximately $76,000. nVerses Capital LLC purchased a new stake in Mission Produce during the second quarter valued at approximately $67,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Mission Produce during the second quarter valued at approximately $73,000. 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.