New insider activity at Mission Produce ( (AVO) ) has taken place on March 20, 2025.
Juan R Wiesner, the President of Central and South America at Mission Produce, has recently sold 97,045 shares of the company’s stock. This transaction was valued at a substantial $977,556.
Recent Updates on AVO stock
Mission Produce recently reported a record first-quarter revenue of $334.2 million, a 29% increase from the previous year, driven by higher avocado prices and volumes in the Marketing & Distribution segment. The company’s strategic initiatives, including the acquisition of the remaining 50% interest in the Peruvian joint venture, Grupo Arato, are expected to enhance operations and market presence. Despite facing challenges such as margin compression due to unstable supply in Mexico and cash flow issues, Mission Produce remains optimistic about leveraging its strengths in California and Peruvian markets. The company aims to navigate industry supply challenges and create shareholder value through diversification and operational efficiency.
More about Mission Produce
YTD Price Performance: -29.34%
Average Trading Volume: 406,318
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $712.1M