Mission Produce, Inc. (NASDAQ:AVO - Get Free Report) Director Luis A. Gonzalez sold 31,157 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $11.22, for a total value of $349,581.54. Following the completion of the transaction, the director now directly owns 7,466,920 shares of the company's stock, valued at approximately $83,778,842.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Mission Produce Trading Down 1.3 %
NASDAQ:AVO opened at $11.23 on Thursday. Mission Produce, Inc. has a 1 year low of $8.19 and a 1 year high of $13.99. The stock has a market cap of $795.65 million, a price-to-earnings ratio of 140.38 and a beta of 0.49. The business has a fifty day moving average of $11.31 and a 200-day moving average of $10.19. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.47 and a current ratio of 2.27.
Mission Produce (NASDAQ:AVO - Get Free Report) last announced its quarterly earnings data on Monday, March 11th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.16. The business had revenue of $258.70 million during the quarter, compared to analyst estimates of $188.40 million. Mission Produce had a return on equity of 3.98% and a net margin of 0.60%. Equities analysts predict that Mission Produce, Inc. will post 0.31 earnings per share for the current year.
Institutional Investors Weigh In On Mission Produce
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Hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in Mission Produce in the 3rd quarter worth about $191,000. Commonwealth Equity Services LLC lifted its stake in Mission Produce by 5.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 18,979 shares of the company's stock worth $184,000 after acquiring an additional 1,060 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Mission Produce by 7.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 399,344 shares of the company's stock worth $3,866,000 after acquiring an additional 26,312 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Mission Produce by 17.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,777 shares of the company's stock worth $191,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Panagora Asset Management Inc. purchased a new stake in Mission Produce in the 3rd quarter worth about $110,000. 63.57% of the stock is owned by hedge funds and other institutional investors.
Mission Produce Company Profile
(
Get Free Report)
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.
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