Mission Produce (NASDAQ:AVO) Major Shareholder Holdings Venture Globalharvest Purchases 15,365 Shares

Mission Produce, Inc. (NASDAQ:AVO) major shareholder Holdings Venture Globalharvest bought 15,365 shares of the stock in a transaction on Wednesday, December 24th. The shares were acquired at an average cost of $11.60 per share, with a total value of $178,234.00. Following the purchase, the insider owned 7,399,783 shares of the company’s stock, valued at approximately $85,837,482.80. This represents a 0.21% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, December 29th, Holdings Venture Globalharvest purchased 59,761 shares of Mission Produce stock. The shares were bought at an average cost of $11.60 per share, for a total transaction of $693,227.60.
• On Friday, December 26th, Holdings Venture Globalharvest bought 13,679 shares of Mission Produce stock. The shares were bought at an average cost of $11.64 per share, for a total transaction of $159,223.56.
• On Tuesday, December 23rd, Holdings Venture Globalharvest purchased 112,505 shares of Mission Produce stock. The shares were bought at an average price of $11.61 per share, with a total value of $1,306,183.05.
• On Monday, November 10th, Holdings Venture Globalharvest acquired 5,262 shares of Mission Produce stock. The shares were purchased at an average cost of $12.46 per share, for a total transaction of $65,564.52.
• On Friday, November 7th, Holdings Venture Globalharvest acquired 3,545 shares of Mission Produce stock. The shares were purchased at an average price of $12.03 per share, for a total transaction of $42,646.35.
• On Thursday, November 6th, Holdings Venture Globalharvest bought 72,165 shares of Mission Produce stock. The stock was purchased at an average price of $11.94 per share, with a total value of $861,650.10.
• On Wednesday, November 5th, Holdings Venture Globalharvest purchased 784 shares of Mission Produce stock. The shares were purchased at an average price of $11.70 per share, for a total transaction of $9,172.80.
• On Tuesday, November 4th, Holdings Venture Globalharvest acquired 49,055 shares of Mission Produce stock. The stock was acquired at an average price of $11.69 per share, with a total value of $573,452.95.

Mission Produce Trading Up 0.1%

AVO opened at $11.60 on Wednesday. Mission Produce, Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $14.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.95 and a quick ratio of 1.35. The firm has a market capitalization of $818.61 million, a price-to-earnings ratio of 22.31 and a beta of 0.58. The company’s 50 day moving average price is $12.04 and its two-hundred day moving average price is $12.17.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Mission Produce in a research note on Wednesday, October 8th. Roth Capital increased their target price on shares of Mission Produce from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, September 9th. Stephens started coverage on shares of Mission Produce in a report on Friday, September 12th. They set an “overweight” rating and a $17.00 price target for the company. Finally, Zacks Research lowered shares of Mission Produce from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.00.

Hedge Funds Weigh In On Mission Produce

Institutional investors have recently added to or reduced their stakes in the business. Nuveen LLC bought a new position in shares of Mission Produce during the 1st quarter worth about $1,137,000. Magnetar Financial LLC bought a new stake in Mission Produce in the 1st quarter valued at about $401,000. Trexquant Investment LP raised its stake in Mission Produce by 31.7% during the 1st quarter. Trexquant Investment LP now owns 266,020 shares of the company’s stock worth $2,788,000 after buying an additional 64,045 shares during the period. Graham Capital Management L.P. boosted its holdings in Mission Produce by 91.2% in the first quarter. Graham Capital Management L.P. now owns 58,691 shares of the company’s stock worth $615,000 after acquiring an additional 27,996 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Mission Produce by 11.7% in the second quarter. Geode Capital Management LLC now owns 1,183,208 shares of the company’s stock valued at $13,869,000 after acquiring an additional 123,678 shares during the period. 63.57% of the stock is owned by institutional investors and hedge funds.

Key Mission Produce News

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

• Positive Sentiment: Major shareholder Holdings Venture Globalharvest accumulated ~227,310 AVO shares across Dec. 23–29 (~112,505 on Dec. 23, plus smaller buys on Dec. 24, 26 and 29), spending roughly $2.34M in total and boosting its stake to ~7.47M shares (about $86.7M value). This repeated buying by a >10% owner is a bullish signal for investor confidence. Investing.com: Globalharvest buys Mission Produce shares SEC Form 4
• Neutral Sentiment: Analyst/industry commentary highlights Mission Produce’s push to scale its mango business and develop more consistent, year‑round supply through diversified sourcing and logistics — a potential mid‑to‑long‑term growth driver if execution succeeds, but it’s speculative and will take time to materially affect revenue. Zacks: Mango Momentum Builds

About Mission Produce

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.