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

Mission Produce, Inc. (NASDAQ:AVO) major shareholder Holdings Venture Globalharvest purchased 300,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were purchased at an average cost of $12.50 per share, for a total transaction of $3,750,000.00. Following the transaction, the insider directly owned 9,461,581 shares of the company’s stock, valued at approximately $118,269,762.50. The trade was a 3.27% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% 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 stock was acquired at an average cost of $12.37 per share, with a total value of $4,011,529.15.
• On Thursday, January 15th, Holdings Venture Globalharvest bought 985,704 shares of Mission Produce stock. The shares were acquired at an average price of $11.76 per share, for a total transaction of $11,591,879.04.
• On Thursday, January 8th, Holdings Venture Globalharvest bought 13,683 shares of Mission Produce stock. The shares were acquired at an average cost of $11.96 per share, with a total value of $163,648.68.
• On Wednesday, January 7th, Holdings Venture Globalharvest bought 7,472 shares of Mission Produce stock. The stock was acquired at an average price 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 acquired at an average price of $11.60 per share, for a total transaction of $693,227.60.
• On Friday, December 26th, Holdings Venture Globalharvest acquired 13,679 shares of Mission Produce stock. The shares were bought at an average cost of $11.64 per share, with a total value of $159,223.56.
• On Wednesday, December 24th, Holdings Venture Globalharvest acquired 15,365 shares of Mission Produce stock. The stock was bought at an average price 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 bought 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 purchased 5,262 shares of Mission Produce stock. The stock was bought at an average price of $12.46 per share, with a total value of $65,564.52.
• On Friday, November 7th, Holdings Venture Globalharvest acquired 3,545 shares of Mission Produce stock. The shares were bought at an average price of $12.03 per share, for a total transaction of $42,646.35.

Mission Produce Price Performance

AVO stock opened at $13.12 on Thursday. 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 company’s 50-day moving average is $12.12 and its 200-day moving average is $12.17. The stock has a market capitalization of $925.88 million, a PE ratio of 25.23 and a beta of 0.56. Mission Produce, Inc. has a 1 year low of $9.56 and a 1 year high of $14.12.

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

Analyst Ratings Changes

AVO has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Mission Produce in a research note on Wednesday, October 8th. Lake Street Capital reissued a “buy” rating on shares of Mission Produce in a research report on Thursday, January 15th. Finally, Zacks Research cut shares of Mission Produce from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $17.00.

Institutional Trading of Mission Produce

Several institutional investors and hedge funds have recently made changes to their positions in AVO. Wedge Capital Management L L P NC raised its stake in Mission Produce by 1.0% in the 4th quarter. Wedge Capital Management L L P NC now owns 100,025 shares of the company’s stock valued at $1,160,000 after acquiring an additional 958 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mission Produce by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,825 shares of the company’s stock worth $271,000 after purchasing an additional 1,092 shares in the last quarter. AlphaQuest LLC raised its position in shares of Mission Produce by 33.7% in the third quarter. AlphaQuest LLC now owns 4,662 shares of the company’s stock valued at $56,000 after purchasing an additional 1,174 shares during the period. Magnetar Financial LLC lifted its stake in shares of Mission Produce by 12.6% during the 3rd quarter. Magnetar Financial LLC now owns 12,106 shares of the company’s stock valued at $146,000 after buying an additional 1,351 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Mission Produce by 12.2% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 15,375 shares of the company’s stock worth $185,000 after buying an additional 1,667 shares during the period. Hedge funds and other institutional investors own 63.57% of the company’s stock.

More Mission Produce News

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

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.