Taylor Family Investments, Llc Sells 100,100 Shares of Mission Produce, Inc. (NASDAQ:AVO) Stock

Mission Produce, Inc. (NASDAQ:AVO) Director Taylor Family Investments, Llc sold 100,100 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $13.25, for a total value of $1,326,325.00. Following the transaction, the director now directly owns 8,630,002 shares in the company, valued at $114,347,526.50. The sale was disclosed in a filing with the SEC, which is available through this link.

Taylor Family Investments, Llc also recently made the following trade(s):

• On Monday, September 16th, Taylor Family Investments, Llc sold 959 shares of Mission Produce stock. The shares were sold at an average price of $13.00, for a total transaction of $12,467.00.

Mission Produce Price Performance

Mission Produce stock traded down $0.20 during mid-day trading on Tuesday, reaching $12.77. The company had a trading volume of 315,107 shares, compared to its average volume of 223,389. The stock’s 50-day simple moving average is $11.15 and its 200-day simple moving average is $11.24. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.49. The company has a market capitalization of $905.52 million, a P/E ratio of 51.76 and a beta of 0.47. Mission Produce, Inc. has a 1 year low of $8.19 and a 1 year high of $13.62.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AVO. Buckingham Strategic Partners LLC acquired a new position in shares of Mission Produce in the 4th quarter valued at approximately $3,952,000. Dimensional Fund Advisors LP boosted its stake in Mission Produce by 25.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,327,266 shares of the company’s stock valued at $13,113,000 after acquiring an additional 266,489 shares during the last quarter. Marshall Wace LLP grew its holdings in Mission Produce by 202.1% during the 2nd quarter. Marshall Wace LLP now owns 215,047 shares of the company’s stock worth $2,125,000 after acquiring an additional 143,858 shares in the last quarter. SG Capital Management LLC acquired a new position in Mission Produce during the 1st quarter worth $1,331,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Mission Produce by 10.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 658,038 shares of the company’s stock valued at $6,640,000 after purchasing an additional 59,983 shares in the last quarter. Institutional investors and hedge funds own 63.57% of the company’s stock.

Wall Street Analysts Forecast Growth

AVO has been the topic of a number of research analyst reports. Lake Street Capital reaffirmed a “buy” rating and issued a $15.00 price target on shares of Mission Produce in a research note on Tuesday, September 10th. Roth Mkm increased their target price on shares of Mission Produce from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, September 11th.

About Mission Produce

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.