Insider Buying: Mission Produce (NASDAQ:AVO) Director Buys $484,000.00 in Stock

Posted by Francis Steltz on Jun 30th, 2026

Mission Produce, Inc. (NASDAQ:AVO – Get Free Report) Director Jay Pack acquired 40,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of $12.10 per share, with a total value of $484,000.00. Following the completion of the acquisition, the director directly owned 579,965 shares in the company, valued at approximately $7,017,576.50. This represents a 7.41% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Mission Produce Price Performance

NASDAQ:AVO traded down $0.27 during mid-day trading on Tuesday, reaching $11.79. The stock had a trading volume of 1,510,875 shares, compared to its average volume of 1,103,695. The firm has a 50 day moving average price of $12.16 and a two-hundred day moving average price of $12.88. The stock has a market capitalization of $1.04 billion, a P/E ratio of 36.84 and a beta of 0.51. Mission Produce, Inc. has a one year low of $10.07 and a one year high of $15.53. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.12 and a current ratio of 1.91.

Mission Produce announced that its Board of Directors has authorized a share buyback program on Monday, June 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to purchase up to 13.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Freedom Capital upgraded shares of Mission Produce to a “strong-buy” rating in a research report on Thursday, March 19th. UBS Group set a $16.00 price objective on Mission Produce in a report on Wednesday, June 10th. Wall Street Zen lowered Mission Produce from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Finally, Weiss Ratings cut Mission Produce from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Mission Produce has a consensus rating of “Moderate Buy” and a consensus target price of $16.67.

Check Out Our Latest Stock Analysis on AVO

Hedge Funds Weigh In On Mission Produce

Hedge funds have recently modified their holdings of the company. Platform Wealth Management LLC bought a new position in Mission Produce during the 4th quarter valued at approximately $12,130,000. Quantbot Technologies LP grew its position in shares of Mission Produce by 1,889.0% in the 3rd quarter. Quantbot Technologies LP now owns 39,979 shares of the company’s stock worth $481,000 after buying an additional 37,969 shares during the last quarter. OP Asset Management Ltd bought a new stake in shares of Mission Produce in the 1st quarter worth approximately $1,404,000. Fourth Sail Capital LP purchased a new position in shares of Mission Produce during the fourth quarter valued at approximately $725,000. Finally, Inspire Investing LLC increased its stake in shares of Mission Produce by 312.3% during the first quarter. Inspire Investing LLC now owns 167,220 shares of the company’s stock valued at $2,301,000 after buying an additional 126,658 shares during the period. Hedge funds and other institutional investors own 63.57% of the company’s stock.

Mission Produce Company Profile

(Get Free Report)

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.