Walleye Capital LLC Trims Stock Position in Mission Produce, Inc. (NASDAQ:AVO)

Walleye Capital LLC lessened its holdings in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 74.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,133 shares of the company's stock after selling 113,097 shares during the period. Walleye Capital LLC owned approximately 0.05% of Mission Produce worth $548,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. R Squared Ltd purchased a new position in Mission Produce in the 4th quarter worth about $34,000. New York State Teachers Retirement System bought a new stake in Mission Produce during the fourth quarter valued at about $57,000. KLP Kapitalforvaltning AS purchased a new position in shares of Mission Produce in the 4th quarter worth approximately $114,000. New York State Common Retirement Fund grew its holdings in Mission Produce by 72.6% in the fourth quarter. New York State Common Retirement Fund now owns 9,509 shares of the company's stock worth $137,000 after purchasing an additional 4,000 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of Mission Produce during the 4th quarter valued at $166,000. 63.57% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Juan R. Wiesner sold 21,892 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 21,412 shares in the company, valued at approximately $215,190.60. This represents a 50.55 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 35.41% of the company's stock.

Mission Produce Stock Down 3.3 %

Shares of AVO stock traded down $0.35 during trading hours on Monday, reaching $10.29. 165,280 shares of the company's stock were exchanged, compared to its average volume of 291,619. The stock has a market cap of $731.33 million, a PE ratio of 20.18 and a beta of 0.54. Mission Produce, Inc. has a 1 year low of $9.54 and a 1 year high of $15.25. The company has a current ratio of 1.87, a quick ratio of 1.26 and a debt-to-equity ratio of 0.23. The stock's fifty day moving average price is $10.65 and its two-hundred day moving average price is $12.01.

Mission Produce 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.