Sherbrooke Park Advisers LLC Sells 52,565 Shares of Mission Produce, Inc. (NASDAQ:AVO)

Sherbrooke Park Advisers LLC decreased its holdings in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) by 57.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,367 shares of the company's stock after selling 52,565 shares during the quarter. Sherbrooke Park Advisers LLC owned approximately 0.06% of Mission Produce worth $566,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Mission Produce by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,733 shares of the company's stock worth $355,000 after buying an additional 900 shares during the last quarter. Bank of America Corp DE lifted its position in Mission Produce by 1.0% during the 4th quarter. Bank of America Corp DE now owns 102,193 shares of the company's stock worth $1,469,000 after acquiring an additional 1,003 shares during the last quarter. Invesco Ltd. boosted its holdings in Mission Produce by 1.2% during the fourth quarter. Invesco Ltd. now owns 96,888 shares of the company's stock valued at $1,392,000 after acquiring an additional 1,123 shares during the period. R Squared Ltd acquired a new stake in shares of Mission Produce in the fourth quarter valued at about $34,000. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Mission Produce by 19.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,392 shares of the company's stock valued at $250,000 after purchasing an additional 2,819 shares during the last quarter. Institutional investors and hedge funds own 63.57% of the company's stock.

Mission Produce Stock Performance

AVO stock traded down $0.20 on Thursday, reaching $10.24. 44,402 shares of the company were exchanged, compared to its average volume of 288,440. The firm has a market capitalization of $727.49 million, a PE ratio of 20.07 and a beta of 0.54. Mission Produce, Inc. has a 12 month low of $9.54 and a 12 month high of $15.25. The stock's fifty day moving average price is $10.26 and its 200 day moving average price is $11.83. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26.

Insider Buying and Selling

In other Mission Produce news, insider Juan R. Wiesner sold 21,892 shares of Mission Produce stock in a transaction on Tuesday, March 18th. The stock was 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 owns 21,412 shares in the company, valued at approximately $215,190.60. The trade was a 50.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 35.41% of the stock is owned by company insiders.

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.