Proficio Capital Partners LLC Acquires New Holdings in Mission Produce, Inc. (NASDAQ:AVO)

Proficio Capital Partners LLC bought a new position in Mission Produce, Inc. (NASDAQ:AVO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,056 shares of the company’s stock, valued at approximately $173,000.

Other large investors have also recently bought and sold shares of the company. Walleye Capital LLC bought a new stake in shares of Mission Produce during the 3rd quarter worth $1,939,000. Los Angeles Capital Management LLC bought a new position in shares of Mission Produce during the 4th quarter valued at about $2,147,000. Jane Street Group LLC raised its holdings in shares of Mission Produce by 171.9% during the 3rd quarter. Jane Street Group LLC now owns 158,257 shares of the company’s stock valued at $2,029,000 after buying an additional 100,055 shares in the last quarter. Barclays PLC lifted its position in Mission Produce by 308.8% in the 3rd quarter. Barclays PLC now owns 67,092 shares of the company’s stock worth $860,000 after buying an additional 50,680 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Mission Produce by 36.5% in the fourth quarter. Bank of New York Mellon Corp now owns 164,353 shares of the company’s stock worth $2,362,000 after buying an additional 43,957 shares in the last quarter. 63.57% of the stock is owned by institutional investors.

Insider Transactions at Mission Produce

In other news, insider Juan R. Wiesner sold 21,892 shares of Mission Produce stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $10.05, for a total transaction of $220,014.60. Following the completion of the transaction, the insider now directly owns 21,412 shares in the company, valued at approximately $215,190.60. This trade represents a 50.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Bryan E. Giles sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $14.40, for a total transaction of $216,000.00. Following the sale, the chief financial officer now owns 122,137 shares of the company’s stock, valued at approximately $1,758,772.80. This represents a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 138,285 shares of company stock worth $1,572,120. Insiders own 35.41% of the company’s stock.

Mission Produce Trading Up 4.6 %

AVO stock opened at $10.27 on Friday. The company has a market capitalization of $729.91 million, a PE ratio of 20.14 and a beta of 0.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 1.87. Mission Produce, Inc. has a one year low of $9.54 and a one year high of $15.25. The company’s 50 day moving average price is $11.49 and its two-hundred day moving average price is $12.44.

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.