D. E. Shaw & Co. Inc. lifted its position in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 96.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 225,025 shares of the company's stock after acquiring an additional 110,198 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.32% of Mission Produce worth $3,234,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in AVO. Bank of America Corp DE lifted its holdings in shares of Mission Produce by 1.0% in the 4th quarter. Bank of America Corp DE now owns 102,193 shares of the company's stock worth $1,469,000 after acquiring an additional 1,003 shares during the last quarter. Invesco Ltd. lifted its stake in Mission Produce by 1.2% in the fourth quarter. Invesco Ltd. now owns 96,888 shares of the company's stock worth $1,392,000 after purchasing an additional 1,123 shares during the last quarter. R Squared Ltd bought a new stake in Mission Produce in the fourth quarter worth $34,000. Price T Rowe Associates Inc. MD boosted its position in Mission Produce by 19.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,392 shares of the company's stock valued at $250,000 after buying an additional 2,819 shares during the period. Finally, New York State Teachers Retirement System bought a new position in shares of Mission Produce during the fourth quarter valued at about $57,000. Hedge funds and other institutional investors own 63.57% of the company's stock.
Mission Produce Trading Down 0.6%
Shares of AVO traded down $0.06 during trading hours on Friday, reaching $10.16. 166,347 shares of the company traded hands, compared to its average volume of 288,935. 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's fifty day moving average price is $10.26 and its two-hundred day moving average price is $11.78. The company has a market capitalization of $722.09 million, a price-to-earnings ratio of 19.92 and a beta of 0.54.
Insider Buying and Selling
In other news, insider Juan R. Wiesner sold 75,153 shares of the company's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $10.08, for a total transaction of $757,542.24. Following the transaction, the insider now directly owns 1,000,000 shares of the company's stock, valued at $10,080,000. This represents a 6.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 35.41% of the stock is currently owned by insiders.
Mission Produce Profile
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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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