3,980 Shares in Mission Produce, Inc. (NASDAQ:AVO) Purchased by New York State Teachers Retirement System

New York State Teachers Retirement System purchased a new stake in shares of Mission Produce, Inc. (NASDAQ:AVO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,980 shares of the company’s stock, valued at approximately $57,000.

A number of other large investors also recently bought and sold shares of AVO. R Squared Ltd acquired a new stake in shares of Mission Produce during the 4th quarter valued at about $34,000. Quantbot Technologies LP acquired a new position in shares of Mission Produce during the 3rd quarter worth approximately $76,000. Quarry LP purchased a new position in shares of Mission Produce during the 3rd quarter valued at approximately $114,000. Martingale Asset Management L P purchased a new position in shares of Mission Produce during the 3rd quarter valued at approximately $129,000. Finally, Point72 Asia Singapore Pte. Ltd. grew its stake in Mission Produce by 46.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 10,845 shares of the company’s stock valued at $139,000 after acquiring an additional 3,455 shares during the period. 63.57% of the stock is owned by institutional investors and hedge funds.

Mission Produce Stock Performance

NASDAQ:AVO opened at $12.25 on Tuesday. The company has a fifty day moving average of $12.64 and a two-hundred day moving average of $12.39. Mission Produce, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $15.25. The stock has a market capitalization of $868.77 million, a PE ratio of 24.02 and a beta of 0.48. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 1.87.

Insider Activity at Mission Produce

In other news, Director Jay A. Pack sold 59,165 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $14.70, for a total value of $869,725.50. Following the transaction, the director now directly 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Luis A. Gonzalez sold 20,000 shares of the business’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $14.18, for a total transaction of $283,600.00. Following the transaction, the director now owns 275,000 shares in the company, valued at $3,899,500. The trade was a 6.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 224,252 shares of company stock valued at $3,256,786. 41.60% of the stock is owned by corporate insiders.

Mission Produce 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.