Susquehanna Fundamental Investments LLC Buys Shares of 38,289 Mission Produce, Inc. (NASDAQ:AVO)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Mission Produce, Inc. (NASDAQ:AVO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 38,289 shares of the company's stock, valued at approximately $550,000. Susquehanna Fundamental Investments LLC owned about 0.05% of Mission Produce at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AVO. R Squared Ltd bought a new stake in Mission Produce during the fourth quarter valued at about $34,000. New York State Teachers Retirement System bought a new position in Mission Produce in the 4th quarter worth approximately $57,000. KLP Kapitalforvaltning AS bought a new stake in shares of Mission Produce during the fourth quarter valued at approximately $114,000. New York State Common Retirement Fund lifted its holdings in shares of 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 buying an additional 4,000 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in Mission Produce during the fourth quarter valued at $166,000. Hedge funds and other institutional investors own 63.57% of the company's stock.

Mission Produce Price Performance

Shares of Mission Produce stock traded down $0.12 during trading on Wednesday, reaching $10.25. 151,887 shares of the stock traded hands, compared to its average volume of 290,658. 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 company has a market capitalization of $728.49 million, a price-to-earnings ratio of 20.10 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 business has a fifty day simple moving average of $10.43 and a two-hundred day simple moving average of $11.93.

Insider Transactions at Mission Produce

In related news, insider Juan R. Wiesner sold 21,892 shares of the firm's 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 sale, the insider now directly owns 21,412 shares in the company, valued at $215,190.60. This trade represents a 50.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 35.41% of the company's stock.

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.