Barclays PLC Has $860,000 Stake in Mission Produce, Inc. (NASDAQ:AVO)

Barclays PLC raised its stake in Mission Produce, Inc. (NASDAQ:AVO) by 308.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 67,092 shares of the company’s stock after buying an additional 50,680 shares during the quarter. Barclays PLC owned 0.09% of Mission Produce worth $860,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AVO. Point72 Asset Management L.P. acquired a new stake in shares of Mission Produce during the second quarter worth about $53,000. Point72 DIFC Ltd acquired a new stake in shares of Mission Produce during the second quarter worth about $53,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Mission Produce during the second quarter worth about $73,000. Quantbot Technologies LP acquired a new stake in shares of Mission Produce during the third quarter worth about $76,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Mission Produce during the second quarter worth about $108,000. Institutional investors and hedge funds own 63.57% of the company’s stock.

Mission Produce Trading Up 0.1 %

NASDAQ AVO opened at $12.34 on Thursday. The firm has a market cap of $875.09 million, a P/E ratio of 37.39 and a beta of 0.50. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.40. The stock’s 50-day moving average is $13.34 and its 200-day moving average is $12.08. Mission Produce, Inc. has a one year low of $9.54 and a one year high of $15.25.

Insider Activity at Mission Produce

In related news, Director Jay A. Pack sold 59,165 shares of Mission Produce stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $14.70, for a total value of $869,725.50. Following the sale, the director now owns 1,015,160 shares of the company’s stock, valued at approximately $14,922,852. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen J. Barnard sold 7,032 shares of Mission Produce stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $14.51, for a total value of $102,034.32. Following the completion of the sale, the chief executive officer now directly owns 1,787,450 shares in the company, valued at approximately $25,935,899.50. This represents a 0.39 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 224,252 shares of company stock valued at $3,256,786. 41.60% of the stock is owned by insiders.

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.