Voya Investment Management LLC Sells 1,540 Shares of Mission Produce, Inc. (NASDAQ:AVO)

Voya Investment Management LLC reduced its holdings in Mission Produce, Inc. (NASDAQ:AVO) by 10.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,877 shares of the company’s stock after selling 1,540 shares during the period. Voya Investment Management LLC’s holdings in Mission Produce were worth $199,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. bought a new position in shares of Mission Produce during the 4th quarter worth about $635,000. Barclays PLC increased its stake in Mission Produce by 308.8% in the third quarter. Barclays PLC now owns 67,092 shares of the company’s stock valued at $860,000 after acquiring an additional 50,680 shares during the period. JPMorgan Chase & Co. increased its stake in Mission Produce by 48.6% in the third quarter. JPMorgan Chase & Co. now owns 51,863 shares of the company’s stock valued at $665,000 after acquiring an additional 16,968 shares during the period. Teacher Retirement System of Texas bought a new stake in Mission Produce in the fourth quarter valued at about $1,133,000. Finally, HighTower Advisors LLC bought a new stake in Mission Produce in the fourth quarter valued at about $166,000. 63.57% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Juan R. Wiesner sold 21,892 shares of the stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $10.05, for a total transaction of $220,014.60. Following the sale, the insider now owns 21,412 shares in the company, valued at approximately $215,190.60. This represents a 50.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 35.41% of the company’s stock.

Mission Produce Stock Performance

Shares of NASDAQ:AVO opened at $10.58 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.87 and a quick ratio of 1.26. The stock has a market capitalization of $751.94 million, a price-to-earnings ratio of 20.75 and a beta of 0.54. Mission Produce, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $15.25. The business’s fifty day moving average price is $10.27 and its two-hundred day moving average price is $11.88.

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.