Proficio Capital Partners LLC Takes Position in Mission Produce, Inc. (NASDAQ:AVO)

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

Other institutional investors have also recently made changes to their positions in the company. Creative Planning raised its position in Mission Produce by 8.3% during the third quarter. Creative Planning now owns 11,226 shares of the company’s stock valued at $144,000 after acquiring an additional 858 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of Mission Produce during the 3rd quarter worth approximately $424,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Mission Produce during the 3rd quarter worth approximately $1,295,000. Intech Investment Management LLC purchased a new position in shares of Mission Produce during the 3rd quarter valued at approximately $153,000. Finally, Dynamic Technology Lab Private Ltd lifted its stake in shares of Mission Produce by 10.9% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 81,814 shares of the company’s stock valued at $1,049,000 after purchasing an additional 8,058 shares during the period. Hedge funds and other institutional investors own 63.57% of the company’s stock.

Insider Transactions at Mission Produce

In related news, CFO Bryan E. Giles sold 15,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $14.40, for a total value of $216,000.00. Following the completion of the sale, the chief financial officer now owns 122,137 shares of the company’s stock, valued at approximately $1,758,772.80. The trade was a 10.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jay A. Pack sold 59,165 shares of the company’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 transaction, the director now owns 1,015,160 shares of the company’s stock, valued at $14,922,852. This represents a 5.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 224,252 shares of company stock valued at $3,256,786 in the last ninety days. 35.41% of the stock is currently owned by corporate insiders.

Mission Produce Stock Up 1.3 %

AVO stock opened at $10.38 on Thursday. Mission Produce, Inc. has a one year low of $9.54 and a one year high of $15.25. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 1.87. The firm’s fifty day moving average is $12.11 and its 200 day moving average is $12.50. The firm has a market cap of $737.73 million, a PE ratio of 20.35 and a beta of 0.47.

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.