Mission Produce (NASDAQ:AVO) Sets New 12-Month High on Insider Buying Activity

Shares of Mission Produce, Inc. (NASDAQ:AVO) hit a new 52-week high on Thursday following insider buying activity. The company traded as high as $14.23 and last traded at $14.0060, with a volume of 1363102 shares changing hands. The stock had previously closed at $13.12.

Specifically, major shareholder Holdings Venture Globalharvest purchased 300,000 shares of Mission Produce stock in a transaction dated Tuesday, January 20th. The stock was acquired at an average cost of $12.50 per share, for a total transaction of $3,750,000.00. Following the acquisition, the insider directly owned 9,461,581 shares in the company, valued at $118,269,762.50. This represents a 3.27% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Holdings Venture Globalharvest acquired 324,295 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was purchased at an average price of $12.37 per share, for a total transaction of $4,011,529.15. Following the acquisition, the insider directly owned 9,161,581 shares of the company’s stock, valued at $113,328,756.97. The trade was a 3.67% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In other Mission Produce news, major shareholder Holdings Venture Globalharvest acquired 985,704 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were purchased at an average price of $11.76 per share, with a total value of $11,591,879.04. Following the completion of the transaction, the insider owned 8,837,286 shares in the company, valued at $103,926,483.36. The trade was a 12.55% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Analyst Ratings Changes

Several analysts recently weighed in on AVO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Mission Produce in a research note on Wednesday, October 8th. Zacks Research downgraded shares of Mission Produce from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Lake Street Capital reiterated a “buy” rating on shares of Mission Produce in a research note on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.00.

Mission Produce News Roundup

Here are the key news stories impacting Mission Produce this week:

• Positive Sentiment: Major shareholder Holdings Venture Globalharvest has been buying material blocks of AVO over the past weeks (including ~985,704 shares on Jan 15, additional buys on Jan 16 and Jan 20). Heavy insider accumulation signals confidence and likely reduced available float, supporting upward price pressure. Read More.
• Positive Sentiment: The Board adopted a limited-duration stockholder rights plan (effective Jan 21, 2026) aimed at ensuring fair treatment of holders and preventing undesired control via open-market accumulations — this can reassure some investors that the Board will protect minority shareholders during strategic activity. Read More.
• Positive Sentiment: Institutional and analyst interest is present — recent sector coverage and analyst buy calls / positive peer comparisons add supporting demand and narrative for upside. Read More.
• Neutral Sentiment: Zacks highlights a consensus price target that implies significant upside (~38%), which can attract momentum traders but is speculative and depends on future estimate revisions. Read More.
• Neutral Sentiment: Investor-rights firm Halper Sadeh has solicited AVO shareholders to contact the firm — currently a general outreach item to watch for any potential claims but no public action specific to Mission Produce yet. Read More.
• Negative Sentiment: Recent quarterly results were mixed: Mission missed EPS by $0.01 (reported $0.22 vs. $0.23 est.) and revenue is down ~10% year-over-year despite beating revenue expectations — margins are thin, leaving the stock sensitive to near‑term operational news. Read More.
• Negative Sentiment: The Rights Plan also raises potential concerns — it signals active strategic interest and could be perceived as governance uncertainty or a future dilution risk if rights are exercised or preferred shares issued. Monitor Form 8‑K details and any follow-on negotiations with Globalharvest. Read More.

Mission Produce Price Performance

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 price is $12.12 and its 200 day moving average price is $12.17. The firm has a market capitalization of $974.57 million, a P/E ratio of 26.56 and a beta of 0.56.

Mission Produce (NASDAQ:AVO) last released its earnings results on Thursday, December 18th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). Mission Produce had a return on equity of 8.18% and a net margin of 2.71%.The business had revenue of $319.00 million for the quarter, compared to analyst estimates of $301.60 million. During the same period in the prior year, the firm posted $0.28 EPS. Mission Produce’s revenue was down 10.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Mission Produce, Inc. will post 0.34 EPS for the current fiscal year.

Hedge Funds Weigh In On Mission Produce

Several institutional investors and hedge funds have recently modified their holdings of AVO. Wedge Capital Management L L P NC grew its stake in Mission Produce by 1.0% in the fourth quarter. Wedge Capital Management L L P NC now owns 100,025 shares of the company’s stock valued at $1,160,000 after purchasing an additional 958 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Mission Produce by 4.4% during the 1st 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 boosted its holdings in shares of Mission Produce by 33.7% in the 3rd quarter. AlphaQuest LLC now owns 4,662 shares of the company’s stock valued at $56,000 after buying an additional 1,174 shares during the last quarter. Magnetar Financial LLC grew its stake in shares of Mission Produce by 12.6% in the third 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 grew its stake in shares of Mission Produce by 12.2% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 15,375 shares of the company’s stock valued at $185,000 after buying an additional 1,667 shares in the last quarter. 63.57% of the stock is currently owned by institutional investors and hedge funds.

Mission Produce Company Profile

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.