Mission Produce, Inc. (NASDAQ:AVO) Stock Holdings Increased by Barclays PLC

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

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in shares of Mission Produce by 25.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,327,266 shares of the company’s stock worth $13,113,000 after purchasing an additional 266,489 shares during the period. Walleye Capital LLC purchased a new position in shares of Mission Produce during the 3rd quarter valued at $1,939,000. Marshall Wace LLP grew its stake in shares of Mission Produce by 202.1% in the 2nd quarter. Marshall Wace LLP now owns 215,047 shares of the company’s stock valued at $2,125,000 after buying an additional 143,858 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Mission Produce during the third quarter worth $1,295,000. Finally, Jane Street Group LLC lifted its holdings in Mission Produce by 171.9% in the 3rd quarter. Jane Street Group LLC now owns 158,257 shares of the company’s stock worth $2,029,000 after purchasing an additional 100,055 shares during the last quarter. Institutional investors own 63.57% of the company’s stock.

Insider Buying and Selling

In other Mission Produce news, Director Jay A. Pack sold 59,165 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $14.70, for a total transaction of $869,725.50. Following the completion of the sale, the director now owns 1,015,160 shares of the company’s stock, valued at $14,922,852. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Luis A. Gonzalez sold 20,000 shares of the stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $14.18, for a total transaction of $283,600.00. Following the completion of the transaction, the director now directly owns 275,000 shares in the company, valued at approximately $3,899,500. This represents a 6.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 208,322 shares of company stock valued at $3,029,105. Company insiders own 41.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Roth Mkm boosted their price objective 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. Lake Street Capital reaffirmed a “buy” rating and issued a $15.00 price target on shares of Mission Produce in a report on Tuesday, September 10th.

Mission Produce Trading Down 0.5 %

NASDAQ:AVO opened at $14.37 on Wednesday. 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 business’s 50-day simple moving average is $13.15 and its 200-day simple moving average is $11.86. 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 $1.02 billion, a PE ratio of 43.55 and a beta of 0.54.

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.