Northern Trust Corp Has $6.26 Million Stock Position in Mission Produce, Inc. (NASDAQ:AVO)

Northern Trust Corp lifted its holdings in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 12.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 435,305 shares of the company's stock after buying an additional 46,748 shares during the period. Northern Trust Corp owned about 0.61% of Mission Produce worth $6,255,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Mission Produce by 48.6% during the third quarter. JPMorgan Chase & Co. now owns 51,863 shares of the company's stock valued at $665,000 after acquiring an additional 16,968 shares during the last quarter. R Squared Ltd bought a new stake in shares of Mission Produce in the fourth quarter valued at approximately $34,000. New York State Teachers Retirement System bought a new stake in Mission Produce during the 4th quarter worth approximately $57,000. New York State Common Retirement Fund increased its holdings in shares of Mission Produce by 72.6% in the 4th quarter. New York State Common Retirement Fund now owns 9,509 shares of the company's stock worth $137,000 after buying an additional 4,000 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Mission Produce by 36.5% during the 4th quarter. Bank of New York Mellon Corp now owns 164,353 shares of the company's stock valued at $2,362,000 after purchasing an additional 43,957 shares during the last quarter. 63.57% of the stock is owned by institutional investors.

Insider Activity at Mission Produce

In other Mission Produce news, insider Juan R. Wiesner sold 21,892 shares of the business's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $10.05, for a total transaction of $220,014.60. Following the transaction, the insider now owns 21,412 shares in the company, valued at $215,190.60. The trade was 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 link. 35.41% of the stock is currently owned by company insiders.

Mission Produce Trading Down 1.6%

NASDAQ:AVO opened at $10.68 on Tuesday. Mission Produce, Inc. has a 12 month low of $9.54 and a 12 month high of $15.25. The stock has a market cap of $759.05 million, a price-to-earnings ratio of 20.94 and a beta of 0.54. The company has a 50-day moving average price of $10.24 and a 200-day moving average price of $11.85. The company has a current ratio of 1.87, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23.

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.

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