UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.13 Million Stock Holdings in Mission Produce, Inc. (NASDAQ:AVO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 60.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,228 shares of the company's stock after acquiring an additional 55,975 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.21% of Mission Produce worth $2,130,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Millennium Management LLC raised its holdings in shares of Mission Produce by 153.3% in the fourth quarter. Millennium Management LLC now owns 453,757 shares of the company's stock valued at $6,520,000 after buying an additional 274,591 shares during the last quarter. Prudential Financial Inc. bought a new stake in Mission Produce during the 4th quarter worth about $635,000. BNP Paribas Financial Markets bought a new stake in Mission Produce during the 4th quarter worth about $201,000. Teacher Retirement System of Texas bought a new stake in Mission Produce during the 4th quarter worth about $1,133,000. Finally, HighTower Advisors LLC bought a new stake in Mission Produce during the 4th quarter worth about $166,000. 63.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Mission Produce

In other news, insider Juan R. Wiesner sold 75,153 shares of the 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 sale, the insider now directly owns 1,000,000 shares of the company's stock, valued at approximately $10,080,000. This represents a 6.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Bryan E. Giles sold 3,500 shares of the firm's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $11.43, for a total value of $40,005.00. Following the completion of the sale, the chief financial officer now directly owns 131,062 shares in the company, valued at $1,498,038.66. This trade represents a 2.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,545 shares of company stock worth $1,017,562 in the last 90 days. Corporate insiders own 35.41% of the company's stock.

Mission Produce Price Performance

Shares of Mission Produce stock remained flat at $11.50 during trading on Tuesday. The stock had a trading volume of 621,212 shares, compared to its average volume of 300,351. The company has a market capitalization of $817.33 million, a price-to-earnings ratio of 22.55 and a beta of 0.56. Mission Produce, Inc. has a 52 week low of $9.54 and a 52 week high of $15.25. The stock has a fifty day moving average price of $10.46 and a two-hundred day moving average price of $11.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26.

Mission Produce (NASDAQ:AVO - Get Free Report) last issued its quarterly earnings data on Thursday, June 5th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.09. Mission Produce had a return on equity of 8.48% and a net margin of 2.97%. The business had revenue of $380.30 million during the quarter, compared to analyst estimates of $296.15 million. During the same period in the previous year, the firm earned $0.14 EPS. Mission Produce's quarterly revenue was up 27.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Mission Produce, Inc. will post 0.34 earnings per share for the current year.

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.