First Trust Direct Indexing L.P. Has $138,000 Stock Position in Mission Produce, Inc. (NASDAQ:AVO)

First Trust Direct Indexing L.P. boosted its holdings in shares of Mission Produce, Inc. (NASDAQ:AVO) by 27.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,680 shares of the company’s stock after buying an additional 2,981 shares during the period. First Trust Direct Indexing L.P.’s holdings in Mission Produce were worth $138,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC grew its stake in Mission Produce by 638.5% in the third quarter. Signaturefd LLC now owns 2,917 shares of the company’s stock valued at $28,000 after purchasing an additional 2,522 shares in the last quarter. Quantbot Technologies LP purchased a new position in Mission Produce in the third quarter valued at about $61,000. Panagora Asset Management Inc. purchased a new position in Mission Produce in the third quarter valued at about $110,000. PNC Financial Services Group Inc. grew its stake in Mission Produce by 22.3% in the third quarter. PNC Financial Services Group Inc. now owns 12,615 shares of the company’s stock valued at $122,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Mission Produce by 5.9% during 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. 63.57% of the stock is owned by institutional investors and hedge funds.

Mission Produce Stock Performance

AVO opened at $11.93 on Thursday. The company has a market cap of $845.24 million, a PE ratio of 149.13 and a beta of 0.50. The stock has a 50-day moving average of $11.51 and a 200-day moving average of $10.34. Mission Produce, Inc. has a 52-week low of $8.19 and a 52-week high of $13.99. 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) last released its quarterly earnings results on Monday, March 11th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.16. The company had revenue of $258.70 million during the quarter, compared to the consensus estimate of $188.40 million. Mission Produce had a return on equity of 3.98% and a net margin of 0.60%. As a group, equities research analysts forecast that Mission Produce, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Transactions at Mission Produce

In other news, Director Luis A. Gonzalez sold 42,008 shares of the company’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $12.07, for a total transaction of $507,036.56. Following the completion of the sale, the director now owns 7,781,178 shares in the company, valued at approximately $93,918,818.46. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Luis A. Gonzalez sold 42,008 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $12.07, for a total transaction of $507,036.56. Following the completion of the transaction, the director now owns 7,781,178 shares of the company’s stock, valued at approximately $93,918,818.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Luis A. Gonzalez sold 6,869 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $12.01, for a total value of $82,496.69. Following the transaction, the director now directly owns 7,767,038 shares of the company’s stock, valued at approximately $93,282,126.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 483,512 shares of company stock worth $5,654,167. 41.60% of the stock is owned by corporate 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.