Mission Produce (NASDAQ:AVO) Major Shareholder Holdings Venture Globalharvest Purchases 300,000 Shares

Key Points

  • Holdings Venture Globalharvest purchased 300,000 shares of Mission Produce on Jan. 20 at $12.50 each ($3.75M), bringing its direct stake to 9,461,581 shares and marking a 3.27% ownership increase after several other large buys earlier in January (including ~985,704 shares on Jan. 15).
  • Mission Produce shares rallied (around +4.5% intraday) amid the insider buying; the company reported a mixed quarter (EPS $0.22 vs. $0.23 est., revenue down ~10% YoY but above estimates), and analysts have an average rating of "Moderate Buy" with a consensus target of about $17, implying sizable upside.

Mission Produce, Inc. (NASDAQ:AVO - Get Free Report) major shareholder Holdings Venture Globalharvest purchased 300,000 shares of the business's stock in a transaction dated Tuesday, January 20th. The stock was bought at an average cost of $12.50 per share, with a total value of $3,750,000.00. Following the completion of the acquisition, the insider directly owned 9,461,581 shares of the company's stock, valued at approximately $118,269,762.50. This trade represents a 3.27% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

Holdings Venture Globalharvest also recently made the following trade(s):

  • On Friday, January 16th, Holdings Venture Globalharvest acquired 324,295 shares of Mission Produce stock. The shares were bought at an average price of $12.37 per share, for a total transaction of $4,011,529.15.
  • On Thursday, January 15th, Holdings Venture Globalharvest acquired 985,704 shares of Mission Produce stock. The shares were bought at an average cost of $11.76 per share, for a total transaction of $11,591,879.04.
  • On Thursday, January 8th, Holdings Venture Globalharvest acquired 13,683 shares of Mission Produce stock. The shares were bought at an average cost of $11.96 per share, for a total transaction of $163,648.68.
  • On Wednesday, January 7th, Holdings Venture Globalharvest bought 7,472 shares of Mission Produce stock. The shares were bought at an average cost of $11.61 per share, with a total value of $86,749.92.
  • On Monday, December 29th, Holdings Venture Globalharvest purchased 59,761 shares of Mission Produce stock. The shares were bought at an average price of $11.60 per share, for a total transaction of $693,227.60.
  • On Friday, December 26th, Holdings Venture Globalharvest purchased 13,679 shares of Mission Produce stock. The stock was purchased at an average cost of $11.64 per share, for a total transaction of $159,223.56.
  • On Wednesday, December 24th, Holdings Venture Globalharvest acquired 15,365 shares of Mission Produce stock. The shares were purchased at an average cost of $11.60 per share, with a total value of $178,234.00.
  • On Tuesday, December 23rd, Holdings Venture Globalharvest bought 112,505 shares of Mission Produce stock. The shares were purchased at an average cost of $11.61 per share, for a total transaction of $1,306,183.05.
  • On Monday, November 10th, Holdings Venture Globalharvest bought 5,262 shares of Mission Produce stock. The stock was purchased at an average price of $12.46 per share, for a total transaction of $65,564.52.
  • On Friday, November 7th, Holdings Venture Globalharvest purchased 3,545 shares of Mission Produce stock. The shares were purchased at an average price of $12.03 per share, with a total value of $42,646.35.

Mission Produce Trading Up 4.5%




Mission Produce stock opened at $13.12 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.35 and a current ratio of 1.95. Mission Produce, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $14.12. The stock has a market cap of $925.88 million, a P/E ratio of 25.23 and a beta of 0.56. The firm's fifty day moving average price is $12.12 and its 200-day moving average price is $12.17.

Mission Produce (NASDAQ:AVO - Get Free Report) last posted its earnings results on Thursday, December 18th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). The business had revenue of $319.00 million for the quarter, compared to analysts' expectations of $301.60 million. Mission Produce had a return on equity of 8.18% and a net margin of 2.71%.Mission Produce's quarterly revenue was down 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.28 earnings per share. Equities research analysts forecast that Mission Produce, Inc. will post 0.34 earnings per share for the current fiscal year.

Trending Headlines about Mission Produce

Here are the key news stories impacting Mission Produce this week:

  • Positive Sentiment: Major shareholder Holdings Venture Globalharvest has been aggressively buying AVO stock across multiple recent trades (notably ~985,704 shares on Jan 15 and additional purchases on Jan 16 and Jan 20), increasing its stake materially — a strong signal of insider confidence that likely supports the stock's rise. Insider Form 4 (Jan 15)
  • Positive Sentiment: Analyst and industry recognition: a recent earnings/sector review named Mission Produce the top performer among perishable-food peers, and Lake Street recently reiterated a Buy — both items can support positive sentiment and demand for the shares. Q3 Perishable Food Earnings Review
  • Positive Sentiment: Institutional accumulation: several funds (Invesco, Arrowstreet, American Century, Dimensional, Geode) have recently increased positions in AVO, which provides steady buying support and can reduce float available to sellers. MarketBeat - AVO institutional holdings
  • Neutral Sentiment: Consensus price-target commentary: Zacks highlights a consensus target implying ~38% upside from current levels — this can attract momentum buyers but is speculative and depends on future estimate revisions. Zacks price-target piece
  • Neutral Sentiment: Investor-rights law firm outreach: Halper Sadeh LLC has solicited AVO shareholders to contact the firm — currently appears to be a broad solicitation tied to other matters and has not produced a public action against Mission Produce, but watch for any filings or developments. Halper Sadeh PR
  • Negative Sentiment: Recent quarterly results were mixed: Mission missed EPS by $0.01 (reported $0.22 vs. $0.23 est.), revenue fell ~10% yr/yr despite beating estimates — profitability remains thin (low net margin), which leaves the stock sensitive to near‑term operating news. MarketBeat - Mission Produce earnings summary

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AVO. Zacks Research downgraded shares of Mission Produce from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 10th. Lake Street Capital reissued a "buy" rating on shares of Mission Produce in a report on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Mission Produce in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $17.00.

Read Our Latest Research Report on Mission Produce

Institutional Trading of Mission Produce

Several hedge funds and other institutional investors have recently bought and sold shares of AVO. Quarry LP bought a new position in Mission Produce during the third quarter valued at approximately $29,000. GAMMA Investing LLC boosted its stake in shares of Mission Produce by 673.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,453 shares of the company's stock valued at $29,000 after purchasing an additional 2,136 shares in the last quarter. State of Alaska Department of Revenue bought a new position in shares of Mission Produce during the 3rd quarter valued at $33,000. Tower Research Capital LLC TRC raised its position in Mission Produce by 211.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,649 shares of the company's stock worth $54,000 after purchasing an additional 3,158 shares during the period. Finally, AlphaQuest LLC raised its position in Mission Produce by 33.7% in the 3rd quarter. AlphaQuest LLC now owns 4,662 shares of the company's stock worth $56,000 after purchasing an additional 1,174 shares during the period. Hedge funds and other institutional investors own 63.57% of the company's stock.

About Mission Produce

(Get Free Report)

Mission Produce, Inc is a leading global supplier, packer and distributor of fresh avocados, serving retail, foodservice and industrial customers. The company manages a vertically integrated supply chain that spans sourcing, post-harvest handling, packing and ripening. Through proprietary ripening technologies and cold-chain logistics, Mission Produce delivers consistent quality and extended shelf life for its avocado offerings.

Founded in 1983 and headquartered in Oxnard, California, Mission Produce grew from a regional packing operation into a publicly traded company listed on the Nasdaq under the ticker AVO.

Featured Articles

Insider Buying and Selling by Quarter for Mission Produce (NASDAQ:AVO)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Mission Produce?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Mission Produce and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles