RBF Capital LLC Buys 54,408 Shares of Mission Produce, Inc. (NASDAQ:AVO)

RBF Capital LLC grew its position in Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 272.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,410 shares of the company's stock after purchasing an additional 54,408 shares during the period. RBF Capital LLC owned about 0.10% of Mission Produce worth $1,069,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AVO. R Squared Ltd purchased a new stake in Mission Produce during the fourth quarter worth about $34,000. New York State Teachers Retirement System bought a new position in Mission Produce during the fourth quarter worth about $57,000. KLP Kapitalforvaltning AS bought a new position in Mission Produce during the fourth quarter worth about $114,000. New York State Common Retirement Fund boosted its position in Mission Produce by 72.6% during 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 period. Finally, HighTower Advisors LLC bought a new position in Mission Produce during the fourth quarter worth about $166,000. Hedge funds and other institutional investors own 63.57% of the company's stock.

Insiders Place Their Bets

In other news, insider Juan R. Wiesner sold 21,892 shares of the firm's 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 completion of the transaction, the insider now directly owns 21,412 shares in the company, valued at approximately $215,190.60. This trade represents a 50.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 35.41% of the company's stock.

Mission Produce Stock Performance

NASDAQ:AVO traded down $0.35 on Monday, reaching $10.29. 48,469 shares of the company's stock were exchanged, compared to its average volume of 291,165. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26. The firm has a market cap of $731.33 million, a price-to-earnings ratio of 20.18 and a beta of 0.54. 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 simple moving average of $10.69 and a 200-day simple moving average of $12.02.

About Mission Produce

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.