Mission Produce, Inc. (NASDAQ:AVO) Holdings Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 161.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 135,824 shares of the company's stock after buying an additional 83,961 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.19% of Mission Produce worth $1,952,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AVO. R Squared Ltd acquired a new stake in shares of Mission Produce in the 4th quarter worth about $34,000. New York State Teachers Retirement System bought a new stake in shares of Mission Produce during the fourth quarter valued at approximately $57,000. KLP Kapitalforvaltning AS acquired a new position in shares of Mission Produce during the fourth quarter worth approximately $114,000. New York State Common Retirement Fund grew its holdings in 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 in the last quarter. Finally, HighTower Advisors LLC acquired a new stake in Mission Produce in the 4th quarter valued at approximately $166,000. 63.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Juan R. Wiesner sold 75,153 shares of the business's stock in a transaction that occurred 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 owns 1,000,000 shares of the company's stock, valued at $10,080,000. The trade was a 6.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 35.41% of the company's stock.

Mission Produce Stock Performance

AVO stock traded up $0.06 during trading on Wednesday, reaching $10.48. 188,258 shares of the company's stock were exchanged, compared to its average volume of 291,871. Mission Produce, Inc. has a 1-year low of $9.54 and a 1-year high of $15.25. The firm has a market cap of $744.83 million, a PE ratio of 20.55 and a beta of 0.54. The company's fifty day moving average price is $10.58 and its 200-day moving average price is $11.98. 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 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.