Ameriflex Group Inc. Makes New Investment in Mission Produce, Inc. (NASDAQ:AVO)

Ameriflex Group Inc. purchased a new position in Mission Produce, Inc. (NASDAQ:AVO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,000 shares of the company’s stock, valued at approximately $57,000.

Several other institutional investors also recently modified their holdings of AVO. American Century Companies Inc. increased its stake in shares of Mission Produce by 328.2% in the 4th quarter. American Century Companies Inc. now owns 485,095 shares of the company’s stock worth $6,971,000 after acquiring an additional 371,813 shares in the last quarter. Millennium Management LLC increased its stake in Mission Produce by 153.3% during the 4th quarter. Millennium Management LLC now owns 453,757 shares of the company’s stock valued at $6,520,000 after purchasing an additional 274,591 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Mission Produce by 16.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,787,778 shares of the company’s stock valued at $25,691,000 after purchasing an additional 257,344 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in Mission Produce during the 4th quarter valued at about $2,147,000. Finally, Trexquant Investment LP increased its stake in Mission Produce by 255.2% during the 4th quarter. Trexquant Investment LP now owns 201,975 shares of the company’s stock valued at $2,902,000 after purchasing an additional 145,111 shares in the last quarter. 63.57% of the stock is currently owned by institutional investors.

Mission Produce Stock Up 3.1%

NASDAQ:AVO opened at $10.47 on Wednesday. The firm has a market cap of $744.12 million, a P/E ratio of 20.53 and a beta of 0.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.26 and a current ratio of 1.87. Mission Produce, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $15.25. The firm has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $11.73.

Insider Buying and Selling at Mission Produce

In other Mission Produce news, insider Juan R. Wiesner sold 75,153 shares of the firm’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $10.08, for a total transaction of $757,542.24. Following the completion of the sale, the insider now directly owns 1,000,000 shares in the company, valued at approximately $10,080,000. This trade represents a 6.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 35.41% of the stock is owned by company insiders.

About Mission Produce

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.