JPMorgan Chase & Co. Has $665,000 Holdings in Mission Produce, Inc. (NASDAQ:AVO)

JPMorgan Chase & Co. boosted its stake in shares of Mission Produce, Inc. (NASDAQ:AVO) by 48.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,863 shares of the company’s stock after buying an additional 16,968 shares during the period. JPMorgan Chase & Co. owned about 0.07% of Mission Produce worth $665,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Point72 Asset Management L.P. acquired a new stake in Mission Produce during the 2nd quarter worth about $53,000. Point72 DIFC Ltd acquired a new stake in Mission Produce during the 2nd quarter worth about $53,000. Quantbot Technologies LP acquired a new stake in Mission Produce during the 3rd quarter worth about $76,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Mission Produce during the 2nd quarter worth about $73,000. Finally, Quarry LP acquired a new stake in Mission Produce during the 3rd quarter worth about $114,000. Institutional investors and hedge funds own 63.57% of the company’s stock.

Insider Activity

In other news, Director Luis A. Gonzalez sold 20,000 shares of the company’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $14.18, for a total value of $283,600.00. Following the transaction, the director now owns 275,000 shares in the company, valued at $3,899,500. This represents a 6.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephen J. Barnard sold 103,847 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $14.53, for a total value of $1,508,896.91. Following the completion of the transaction, the chief executive officer now owns 1,790,966 shares in the company, valued at $26,022,735.98. This represents a 5.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 224,252 shares of company stock worth $3,256,786 in the last 90 days. Company insiders own 41.60% of the company’s stock.

Mission Produce Price Performance

Shares of AVO opened at $12.42 on Tuesday. The company has a market capitalization of $880.83 million, a price-to-earnings ratio of 24.35 and a beta of 0.50. Mission Produce, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $15.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26. The business’s 50-day moving average is $13.13 and its 200-day moving average is $12.22.

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.