Tudor Investment Corp ET AL Acquires Shares of 35,260 Mission Produce, Inc. (NASDAQ:AVO)

Tudor Investment Corp ET AL acquired a new stake in Mission Produce, Inc. (NASDAQ:AVO - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 35,260 shares of the company's stock, valued at approximately $507,000.

Other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its position in Mission Produce by 328.2% during the fourth quarter. American Century Companies Inc. now owns 485,095 shares of the company's stock valued at $6,971,000 after purchasing an additional 371,813 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Mission Produce by 16.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,787,778 shares of the company's stock valued at $25,691,000 after buying an additional 257,344 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Mission Produce in the fourth quarter worth $2,147,000. Trexquant Investment LP lifted its holdings in Mission Produce by 255.2% in the fourth quarter. Trexquant Investment LP now owns 201,975 shares of the company's stock valued at $2,902,000 after acquiring an additional 145,111 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Mission Produce by 161.9% in the fourth quarter. JPMorgan Chase & Co. now owns 135,824 shares of the company's stock worth $1,952,000 after purchasing an additional 83,961 shares during the last quarter. 63.57% of the stock is currently owned by hedge funds and other institutional investors.

Mission Produce Stock Performance

AVO stock traded up $0.03 during midday trading on Tuesday, reaching $10.57. 125,278 shares of the company's stock traded hands, compared to its average volume of 290,101. The company has a current ratio of 1.87, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23. The stock's 50-day moving average is $10.29 and its 200 day moving average is $11.89. The stock has a market cap of $751.23 million, a P/E ratio of 20.73 and a beta of 0.54. Mission Produce, Inc. has a 52-week low of $9.54 and a 52-week high of $15.25.

Insider Transactions at Mission Produce

In other news, insider Juan R. Wiesner sold 21,892 shares of the company's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $10.05, for a total value of $220,014.60. Following the completion of the transaction, the insider now owns 21,412 shares of the company's stock, valued at $215,190.60. This represents a 50.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 35.41% of the company's stock.

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.