Bruce Taylor Acquires Shares in Mission Produce, Inc.
Bruce Taylor bought 165,842 shares of Mission Produce, Inc., worth $1.85 million.
Key Points
- Bruce Taylor purchased 165,842 shares of Mission Produce, Inc. (AVO) on June 12, 2026, at an average price of $11.16, totaling approximately $1.85 million.
- Mission Produce, Inc. has a market cap of about $987.4 million with a P/E ratio of 34.94 and a forward P/E of 13.39, indicating its valuation metrics.
- Institutional investors like Dimensional Fund Advisors and American Century Companies have also been active in trading Mission Produce shares recently.
Bruce Taylor, an insider at Mission Produce, Inc. (NASDAQGS: AVO), made a significant purchase of 165,842 shares on June 12, 2026. The shares were acquired at an average price of $11.16, bringing the total transaction value to approximately $1.85 million. This purchase was not part of a pre-planned trading program.
Insider Buying and Selling at Mission Produce, Inc.
Bruce Taylor wasn't the only insider buying shares recently. On June 11, 2026, Jay Pack acquired 37,450 shares at an average price of $11.03. Additionally, GlobalHarvest Holdings Venture Ltd purchased 549,360 shares on May 28, 2026. Kathleen Holmgren and Linda Segre also made smaller purchases on the same date.
Other Institutional Activity in Mission Produce, Inc.
Institutional investors have also been active in Mission Produce. Dimensional Fund Advisors LP increased its holdings by 334,629 shares, ending with a total of 3,024,310 shares valued at about $41.6 million. American Century Companies Inc grew its position by 215,176 shares, holding a total of 1,313,129 shares worth $18.1 million. Meanwhile, BlackRock, Inc. reduced its stake by 134,436 shares, bringing its total to 3,488,987 shares valued at $48 million.
Mission Produce, Inc. Stock Snapshot
Shares of Mission Produce, Inc. (NASDAQGS: AVO) traded near $11.20. The company has a market capitalization of approximately $987.4 million. Its price-to-earnings ratio stands at 34.94, with a forward P/E of 13.39. The stock's beta is 0.503, indicating lower volatility compared to the market. Over the past 52 weeks, the stock has ranged from $10.07 to $15.53, with a 50-day moving average of $12.75 and a 200-day moving average of $12.66.
Recent Earnings
Mission Produce reported revenue of $1.25 billion, although it experienced a revenue decline of 23.5%. The company's earnings per share were $0.32, with a net margin of 1.83% and a return on equity of 3.98%. The next earnings announcement is scheduled for September 9, 2026.
Analysts Set New Price Targets
Analysts continue to show interest in Mission Produce, with Roth Capital maintaining a 'buy' rating and setting a price target of $17.00 on September 9, 2025. Lake Street initiated coverage with a 'buy' rating and a $15.00 target on May 17, 2024. The consensus among analysts is a 'strong buy' with a mean target price of $16.50, based on four opinions.
About Mission Produce, Inc.
Mission Produce, Inc. is a leading supplier of avocados, mangoes, and blueberries. Based in Oxnard, California, the company operates through its Marketing and Distribution, International Farming, and Blueberries segments. It provides packaging, logistics, and quality assurance services, along with market insights and training. Founded in 1983, the company has approximately 3,800 employees and is led by CEO John Pawlowski.
Bottom Line
Bruce Taylor's recent purchase of Mission Produce shares highlights insider confidence in the company's future. Institutional investors are also active, indicating broader interest. As always, it's important to remember that insider and institutional activities are backward-looking and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.