Dimensional Fund Advisors LP grew its holdings in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,787,778 shares of the company's stock after purchasing an additional 257,344 shares during the period. Dimensional Fund Advisors LP owned approximately 2.52% of Mission Produce worth $25,691,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Prudential Financial Inc. bought a new stake in shares of Mission Produce in the fourth quarter valued at approximately $635,000. Barclays PLC raised its position in shares of Mission Produce by 308.8% in the third quarter. Barclays PLC now owns 67,092 shares of the company's stock worth $860,000 after buying an additional 50,680 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Mission Produce by 48.6% in the third quarter. JPMorgan Chase & Co. now owns 51,863 shares of the company's stock worth $665,000 after buying an additional 16,968 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Mission Produce in the fourth quarter worth $1,133,000. Finally, HighTower Advisors LLC purchased a new stake in shares of Mission Produce in the fourth quarter worth $166,000. Institutional investors own 63.57% of the company's stock.
Mission Produce Price Performance
Shares of AVO stock traded up $0.02 on Monday, reaching $10.40. The company's stock had a trading volume of 9,791 shares, compared to its average volume of 289,712. The company has a quick ratio of 1.26, a current ratio of 1.87 and a debt-to-equity ratio of 0.23. Mission Produce, Inc. has a 12-month low of $9.54 and a 12-month high of $15.25. The company has a market capitalization of $739.43 million, a P/E ratio of 20.47 and a beta of 0.54. The stock's 50 day simple moving average is $10.32 and its 200-day simple moving average is $11.90.
Insider Transactions at Mission Produce
In other news, insider Juan R. Wiesner sold 21,892 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $10.05, for a total value of $220,014.60. Following the completion of the sale, the insider now owns 21,412 shares of the company's stock, valued at approximately $215,190.60. This represents a 50.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 35.41% of the company's stock.
About Mission Produce
(
Free Report)
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.
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