Mission Produce (NASDAQ:AVO) Stock: Insider Luis Gonzalez Acquires 29,996 Shares

Posted by George Bondi on Oct 15th, 2026

Mission Produce, Inc. (NASDAQ:AVO – Get Free Report) Director Luis Gonzalez purchased 29,996 shares of the stock in a transaction that occurred on Friday, October 9th. The stock was acquired at an average cost of $11.59 per share, with a total value of $347,653.64. Following the acquisition, the director owned 7,004,139 shares in the company, valued at $81,177,971.01. The trade was a 0.43% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Mission Produce Trading Up 2.0%

AVO opened at $12.05 on Thursday. The firm has a market cap of $1.06 billion, a P/E ratio of 401.80 and a beta of 0.43. Mission Produce, Inc. has a 12 month low of $10.07 and a 12 month high of $15.53. The company has a current ratio of 1.92, a quick ratio of 1.24 and a debt-to-equity ratio of 0.52. The stock has a 50-day moving average of $12.77 and a 200 day moving average of $12.75.

Mission Produce (NASDAQ:AVO – Get Free Report) last issued its quarterly earnings data on Tuesday, September 8th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.06. The company had revenue of $450.00 million for the quarter, compared to analysts’ expectations of $367.57 million. Mission Produce had a return on equity of 5.91% and a net margin of 0.12%. The firm’s revenue for the quarter was up 25.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share. As a group, research analysts forecast that Mission Produce, Inc. will post 0.61 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AVO. Weiss Ratings upgraded Mission Produce from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Stephens restated an “overweight” rating and issued a $15.00 price target on shares of Mission Produce in a research report on Friday, October 9th. Wall Street Zen upgraded Mission Produce from a “sell” rating to a “hold” rating in a research report on Saturday, September 12th. Finally, Roth Capital reaffirmed a “buy” rating and set a $17.00 price objective on shares of Mission Produce in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $16.00.

Check Out Our Latest Stock Analysis on Mission Produce

Hedge Funds Weigh In On Mission Produce

Several hedge funds have recently added to or reduced their stakes in the company. Diversified Trust Co lifted its stake in shares of Mission Produce by 12.0% during the 1st quarter. Diversified Trust Co now owns 19,373 shares of the company’s stock worth $267,000 after acquiring an additional 2,074 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Mission Produce by 5.9% during the 2nd quarter. Principal Financial Group Inc. now owns 37,509 shares of the company’s stock valued at $442,000 after acquiring an additional 2,082 shares during the period. Public Employees Retirement System of Ohio purchased a new position in Mission Produce during the 2nd quarter valued at $26,000. Arizona State Retirement System grew its position in Mission Produce by 20.8% in the 2nd quarter. Arizona State Retirement System now owns 15,236 shares of the company’s stock valued at $180,000 after acquiring an additional 2,628 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in Mission Produce in the 2nd quarter valued at $44,000. 63.57% of the stock is currently owned by institutional investors.

Mission Produce Company Profile

(Get Free Report)

Mission Produce, Inc is a global avocado sourcing, distribution and marketing company headquartered in Oxnard, California. The company supplies fresh avocados to retailers, foodservice operators, wholesalers and other customers, managing activities that include procurement, quality control, ripening, packaging and distribution.

Mission Produce sources avocados from growing regions in North and South America and other international markets. Its operations are supported by ripening and distribution facilities designed to provide customers with avocados at different stages of readiness.