CVGW stock exits Nasdaq after Mission Produce deal
Calavo Growers (CVGW) stock has delisted from Nasdaq after its acquisition by Mission Produce on May 28, 2026. The transaction involved 17,530,762 Mission Produce shares and $267 million in cash, making Calavo a wholly owned subsidiary. Mission Produce is undergoing restructuring, consolidating operations and closing a facility, with integration costs estimated at $15.4 million.
AVO's Avocado Volumes Surge: Can Strong Growth Momentum Continue?
Mission Produce, Inc. (AVO) experienced a significant surge in avocado volumes during its fiscal third quarter, driven by the acquisition of Calavo and strong growth in its legacy business. The company sold approximately 253 million pounds of avocados, a 38% year-over-year increase, and saw improved U.S. retail market share and per capita consumption. While AVO's stock has performed well and carries a Zacks Rank #2 (Buy), its future growth depends on converting expanded capabilities into stronger customer relationships and maintaining healthy per-unit margins amidst industry peers like Corteva and Dole navigating their own volume challenges.
Don't Ignore The Insider Selling In Mission Produce
This article discusses recent insider transactions at Mission Produce (NASDAQ:AVO), highlighting a notable sale by the Founder & Executive Chairman, Stephen Barnard, alongside overall insider selling outweighing buying over the last year. Despite high insider ownership, the pattern of selling raises concerns for potential investors. The analysis suggests caution, noting that while there was some buying at lower prices, the predominant trend is insider selling.
416,126 Mission Produce, Inc. $AVO Shares Bought by State Street Corp
State Street Corp significantly increased its stake in Mission Produce, Inc. by 41.3% in the second quarter, acquiring an additional 416,126 shares. This purchase brings their total holding to 1.42 million shares, valued at approximately $16.8 million. Other institutional investors like BlackRock and Fourth Sail Capital also boosted their positions, while Mission Produce's insiders have been net buyers, purchasing 2.46 million shares recently.
Two trusts co-managed by Mission Produce (AVO) chair sell shares at $13 apiece.
Mission Produce, Inc. (AVO) reported that two trusts co-managed by Executive Chairman Stephen J. Barnard sold a total of 21,646 common shares on September 24, 2026, at a price of $13 per share. The Stephen J. Barnard GT Trust sold 10,391 shares and the Shelly R. Barnard GT Trust sold 11,255 shares. Barnard disclaims beneficial ownership except to the extent of his pecuniary interest.
Mission Produce (NASDAQ:AVO) Stock: Insider Stephen Barnard Sells 21,646 Shares
Stephen Barnard, Chairman of Mission Produce (NASDAQ:AVO), sold 21,646 shares of the company's stock for over $281,000, reducing his ownership by 1.27%. This transaction occurred as Mission Produce's stock increased by 1.4%, with the company reporting strong quarterly earnings that beat consensus estimates and announcing a $100 million share-repurchase program. Analysts currently maintain a "Moderate Buy" consensus rating for AVO with a target price of $16.50.
Mission Produce (AVO) Stock Looks Pricey After Its 36% Run
Mission Produce (AVO) stock has seen a 36% gain over the past three years, prompting questions about its current valuation. The article analyzes the company's Price-to-Sales (P/S) ratio of 0.8x, noting it's above both the Food sector average (0.6x) and its peer group (0.4x), suggesting the stock may be overvalued based on its sales. It emphasizes the need for investors to consider if the quality and resilience of Mission Produce's revenue stream justify this premium.
Executive Chairman Of Mission Produce Sold $1.45M In Stock
Stephen J Barnard, Executive Chairman at Mission Produce (NASDAQ: AVO), recently sold 111,358 shares totaling $1,448,767, as reported in an SEC filing. This transaction occurred on September 23, and following the news, Mission Produce shares saw a slight decrease of 0.79%. The article also provides a financial overview of Mission Produce, highlighting its revenue growth, profitability metrics, debt management, and valuation ratios.
Mission Produce, Inc. (5YM.F) Stock Price, News, Quote & History
This page provides financial information, news, and historical data for Mission Produce, Inc. (5YM.F), traded on the Frankfurt exchange. The company's stock performance is compared against the S&P 500, with recent news focusing on valuation, stock performance, and industry outlook.
Mission Produce (AVO) chair's trusts sell shares at an average $13.01 each
Mission Produce Executive Chairman Stephen J. Barnard's trusts, the Stephen J. Barnard GT Trust and Shelly R. Barnard GT Trust, reported selling a combined 111,358 shares of AVO on September 21, 2026. The shares were sold at a weighted average price of $13.01 each, in transactions ranging from $13.00 to $13.06. Following these sales, the trusts' holdings were 1,695,185 and 1,696,049 shares respectively, with Barnard also directly holding 287,459 shares.
Insider Selling: Mission Produce (NASDAQ:AVO) Chairman Sells $1,448,767.58 in Stock
Mission Produce Chairman Stephen Barnard sold 111,358 shares of his company's stock for approximately $1.45 million at an average price of $13.01, reducing his stake by 6.16%. This transaction comes after the company reported strong quarterly earnings, beating analyst estimates, and authorized a $100 million stock repurchase plan. Analyst sentiment is moderately positive, with an average price target of $16.50.
Corient Private Wealth LP Has $2.52 Million Stake in Mission Produce, Inc. $AVO
Corient Private Wealth LP significantly increased its stake in Mission Produce, Inc. (NASDAQ:AVO) by 660.8% in the second quarter, bringing its total holding to 213,417 shares valued at $2.52 million. Mission Produce reported strong quarterly earnings, beating estimates with $0.18 EPS and a 25.8% year-over-year revenue increase, and authorized a $100 million share-repurchase program. Institutional investors hold 63.57% of the company, and insiders have shown strong buying activity totaling $32.45 million in the past 90 days.
Insider Selling: Stephen J Barnard Unloads $446K Of Mission Produce Stock
Stephen J Barnard, Executive Chairman at Mission Produce (NASDAQ: AVO), sold 35,562 shares of company stock for a total of $446,177 on September 21, 2026. This transaction was reported in a new SEC filing. The article also provides an overview of Mission Produce's financial performance, including revenue growth, profitability, debt management, and valuation metrics, alongside a discussion of the general implications of insider transactions.
Mission Produce (NASDAQ:AVO) Chairman Stephen Barnard Sells 35,562 Shares of Stock
Mission Produce Chairman Stephen Barnard sold 35,562 shares of the company's stock for approximately $446,303. The transaction occurred as Mission Produce shares experienced a slight decline to $12.80, despite the company reporting quarterly earnings and revenue that exceeded analyst expectations. Analysts currently rate Mission Produce with a "Moderate Buy" consensus and an average price target of $16.50.
Mission Produce (AVO) executive chair sells thousands of shares
Mission Produce's Executive Chairman, Stephen J. Barnard, reported net open-market sales of 35,562 shares of common stock on September 18, 2026. These sales, conducted through affiliated entities Barnard Properties, LLC and the Stephen J. Barnard GT Trust, amounted to approximately $446,000. Following the transactions, Barnard Properties, LLC holds no shares, while the Stephen J. Barnard GT Trust and other affiliated trusts still hold significant indirect and direct shares.
Mission Produce's Blueberry Business: A Hidden Opportunity?
Mission Produce is expanding its business beyond avocados into blueberries, with recent sales growth in the blueberry segment signaling a potential new revenue stream despite current seasonality impacting profitability. The company expects increased blueberry activity to drive a meaningful improvement in fourth-quarter cash generation. This diversification could enhance Mission Produce's earnings base and returns from its Peruvian agricultural infrastructure, while also comparing its growth prospects to other agriculture companies like Corteva and Dole.
Mission Produce's Blueberry Business: A Hidden Opportunity?
Mission Produce is expanding its blueberry business, which is becoming a significant complementary venture to its core avocado operations. The company is investing in Peruvian blueberry acreage to create another seasonal earnings stream and expects increased blueberry activity to improve fourth-quarter cash generation. While the blueberry segment is currently small and seasonal, it shows potential for diversification and enhanced returns as more acreage matures.
Mission Produce, Inc. (AVO) stock price, news, quote and history
This article provides a comprehensive overview of Mission Produce, Inc. (AVO) stock, including its current price, performance charts, key statistics, and company profile. It details the company's business in sourcing and distributing avocados, mangoes, and blueberries, alongside its financial highlights and analyst ratings. The report also includes recent earnings trends and compares AVO's returns against the S&P 500.
Mission Produce executive chairman Stephen Barnard sells $446,177 in AVO stock
Stephen J. Barnard, Executive Chairman of Mission Produce (NASDAQ:AVO), sold 35,562 shares of company stock on September 18, 2026, totaling $446,177. The sales were conducted through two indirect holdings, BARNARD PROPERTIES, LLC and STEPHEN J. BARNARD GT TRUST, following which Barnard still directly holds 287,459 shares. This insider sale occurs as InvestingPro data suggests the stock might be overvalued, despite analysts maintaining price targets ranging from $15 to $18, and the company recently reporting strong fiscal third-quarter results.
Mission Produce executive chairman Stephen Barnard sells $446,177 in AVO stock
Stephen J. Barnard, Executive Chairman and Director of Mission Produce (NASDAQ:AVO), sold 35,562 shares of company stock worth $446,177 on September 18, 2026. These transactions, made at prices ranging from $12.54 to $13.0, occurred through indirectly held trusts and LLCs. The insider sale comes as InvestingPro data suggests the stock is overvalued, despite analysts maintaining price targets of $15 to $18 and the company reporting strong Q3 results with significant revenue growth.
Don't Ignore The Insider Selling In Mission Produce
The provided content is a placeholder and does not contain actual article text. Therefore, a summary cannot be generated.
Sell Alert: Stephen J Barnard Cashes Out $1.06M In Mission Produce Stock
Stephen J Barnard, Executive Chairman at Mission Produce, recently sold 81,496 shares of Mission Produce stock for a total of $1,061,960. The company, primarily known for producing and distributing Hass avocados, has shown positive revenue growth of 25.8% as of July 31, 2026, though it faces challenges with a low gross margin and negative EPS. The insider sale, reported via an SEC Form 4 filing, is an important data point for investors considering the stock.
Insider Selling: Mission Produce (NASDAQ:AVO) Chairman Sells 15,000 Shares of Stock
Mission Produce (NASDAQ:AVO) Chairman Stephen Barnard sold 15,000 shares of the company's stock for $196,500, reducing his direct stake by nearly 30%. The sale occurred on September 11th, with shares trading at $13.10 each. Despite this insider selling, the company recently reported strong quarterly earnings, beating analyst estimates, and authorized a $100 million share repurchase program.
Mission Produce (NASDAQ:AVO) Chairman Sells 66,496 Shares of Stock
Mission Produce Chairman Stephen Barnard sold 66,496 shares of the company's stock for approximately $865,778. This transaction reduced his ownership by 3.66%, though he still retains over 1.7 million shares. The sale comes as Mission Produce exceeded quarterly earnings expectations and its board authorized a $100 million share repurchase program.
Mission Produce, Inc. (NASDAQ:AVO) Receives Average Rating of "Moderate Buy" from Brokerages
Mission Produce, Inc. (NASDAQ:AVO) has received a "Moderate Buy" consensus rating from brokerages, with an average 12-month price target of $16.50, significantly higher than its current price. The company recently surpassed quarterly earnings estimates and authorized a $100 million share-repurchase program, signaling confidence in its valuation alongside significant insider buying.
Is Mission Produce (AVO) Outperforming Other Consumer Staples Stocks This Year?
Mission Produce, Inc. (AVO) has outperformed the Consumer Staples sector year-to-date, returning 12.2% compared to the sector's 8.1% average. The company holds a Zacks Rank #2 (Buy) due to improving analyst sentiment and a 13.3% increase in full-year earnings estimates. While outperforming its sector, AVO is slightly underperforming its specific Agriculture - Operations industry.
Squarepoint Ops LLC Invests $2.84 Million in Mission Produce, Inc. $AVO
Squarepoint Ops LLC recently invested $2.84 million in Mission Produce, Inc. (NASDAQ:AVO) by purchasing 240,553 shares. This makes institutional investors and hedge funds collectively own 63.57% of the company. Mission Produce also reported strong quarterly earnings, beating revenue and EPS estimates, and announced a $100 million share-repurchase program.
Wall Street Zen Upgrades Mission Produce (NASDAQ:AVO) to "Hold"
Wall Street Zen has upgraded Mission Produce (NASDAQ:AVO) from a "sell" to a "hold" rating. This upgrade comes as the company reported strong quarterly earnings, exceeding analyst estimates, and authorized a $100 million share repurchase program. Despite mixed analyst ratings, Mission Produce holds an overall "Moderate Buy" consensus with an average price target of $16.50.
Mission Produce (NASDAQ:AVO) Given Buy Rating at Roth Capital
Roth Capital has reaffirmed its "Buy" rating on Mission Produce (NASDAQ:AVO), setting a $17 price target, which suggests a 30% upside. The company recently reported strong quarterly earnings, beating analyst expectations for both EPS and revenue, and has authorized a $100 million share repurchase program. Insider buying has also been significant, with over 3.3 million shares purchased in the last 90 days.
Mission Produce (NASDAQ:AVO) Trading 4.9% Higher Following Better-Than-Expected Earnings
Mission Produce (NASDAQ:AVO) saw its shares rise 4.9% after announcing better-than-expected quarterly earnings, with EPS of $0.18 and revenue of $450 million, significantly surpassing analyst estimates. The company's board also authorized a $100 million share repurchase program, indicating confidence in its valuation. Analysts maintain a "Moderate Buy" rating with a $16.50 price target, and insiders have shown strong buying activity in the past 90 days.
Mission Produce, Inc. (AVO) Q3 Earnings and Revenues Top Estimates
Mission Produce, Inc. (AVO) reported Q3 earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of $0.12, though lower than last year's $0.26. The company also surpassed revenue estimates, posting $450 million for the quarter, outperforming the $357.7 million from a year ago. Despite underperforming the S&P 500 year-to-date, the stock currently holds a Zacks Rank #3 (Hold) based on mixed estimate revisions.
Transcript : Mission Produce, Inc., Q3 2026 Earnings Call, Sep 08, 2026
This article provides the transcript for Mission Produce, Inc.'s Q3 2026 Earnings Call, which took place on September 8, 2026. It also mentions other recent news related to the company, including its fiscal Q3 adjusted earnings falling while revenue rose, and details about insider share purchases. The full transcript is reserved for subscribers.
Earnings Flash (AVO) Mission Produce, Inc. Posts Q3 Adjusted EPS $0.18 per Share, vs. FactSet Est of $0.12
Mission Produce, Inc. (AVO) reported Q3 adjusted earnings per share of $0.18, surpassing FactSet's estimate of $0.12. This positive earnings surprise indicates stronger financial performance than anticipated by analysts for the quarter. The company also reported Q3 revenue of $450.0 million, significantly higher than FactSet's estimate of $367.6 million.
Mission Produce® Announces Fiscal 2026 Third Quarter Financial Results
Mission Produce, Inc. reported its fiscal third quarter 2026 financial results, with total revenue increasing 26% to $450 million and avocado volume growth of 38%. Despite a net loss attributable to Mission Produce of $6.5 million due to Calavo acquisition-related costs, adjusted net income was $15.0 million and Adjusted EBITDA exceeded expectations at $32.4 million. The company raised its annualized Calavo synergy outlook to more than $30 million and reaffirmed its second-half fiscal 2026 Adjusted EBITDA guidance of $84 million to $88 million.
Will Higher Peru Output Strengthen Mission Produce's Outlook?
Mission Produce (AVO) anticipates a significant increase in avocado output from its Peruvian operations in the second half of fiscal 2026, with exportable production projected to be 20% higher year over year. This surge, expected to reach an all-time high of 120-130 million pounds, is poised to improve the company's sourcing mix and profitability, particularly in the fourth quarter. While third-quarter avocado prices are forecast to decline, the higher Peru volumes and improved pricing stability are expected to drive a stronger international farming contribution and contribute to a consolidated second-half adjusted EBITDA of $84-$88 million.
Corient Private Wealth LP Invests $2.52 Million in Mission Produce, Inc. $AVO
Corient Private Wealth LP has invested $2.52 million in Mission Produce, Inc., acquiring 213,417 shares, representing a 0.24% stake in the company. Institutional investors now own 63.57% of Mission Produce, which recently authorized a $100 million share-repurchase program. Despite some recent analyst downgrades, the stock maintains a "Moderate Buy" consensus rating with a target price of $16.67.
BlackRock Inc. Buys 1,286,263 Shares of Mission Produce, Inc. $AVO
BlackRock Inc. increased its stake in Mission Produce, Inc. (NASDAQ:AVO) by 36.9% in the second quarter, acquiring an additional 1,286,263 shares. This brings BlackRock's total holdings to 4,775,250 shares, valued at $56.3 million, representing 5.41% of the company. Other institutional investors have also adjusted their positions, and Mission Produce has a current market capitalization of $1.12 billion.
Mission Produce (AVO) Expected to Announce Earnings on Tuesday
Mission Produce (AVO) is expected to report its Q3 2026 earnings on Tuesday, September 8th, with analysts projecting earnings of $0.115 per share and revenue around $367.6 million. The company recently authorized a $100 million share repurchase plan, and insiders have been actively purchasing shares. AVO currently holds a "Moderate Buy" consensus rating with an average price target of $16.67.
Ancora Advisors LLC Takes $2.51 Million Position in Mission Produce, Inc. $AVO
Ancora Advisors LLC has acquired a new position in Mission Produce, Inc. (NASDAQ:AVO) worth $2.51 million, purchasing 213,190 shares during the second quarter. Mission Produce holds a "Moderate Buy" consensus rating from analysts, with an average price target of $16.67. The company has also authorized a $100 million share-repurchase program, and insiders have bought over 3.35 million shares totaling approximately $42.5 million recently.
Bank of America Corp DE Has $6.11 Million Stock Position in Mission Produce, Inc. $AVO
Bank of America Corp DE significantly increased its stake in Mission Produce, Inc. by 809.2% in the first quarter, now holding 444,135 shares valued at $6.11 million. Institutional investors collectively own 63.57% of the company, while insiders own 30.85%, with recent activities including a director purchase and a CFO sale. Analysts currently rate Mission Produce with a "Moderate Buy" consensus and an average price target of $16.67, alongside a recently authorized $100 million share buyback program.
Mission Produce Q3FY26 Results: Earnings release set for Sept 8
Mission Produce (NASDAQ: AVO) will announce its fiscal third-quarter results for the period ending July 30, 2026, after the market closes on Tuesday, September 8, 2026. The avocado supplier will host a conference call and webcast on the same day at 5:00 pm ET to discuss the financial performance. A replay of the call will be available until September 22, 2026.
Mission Produce® to Release Fiscal Third Quarter 2026 Financial Results on Tuesday, September 8, 2026
Mission Produce, Inc. (NASDAQ: AVO) announced it will release its fiscal third quarter 2026 financial results after the market closes on Tuesday, September 8, 2026. The company will host a conference call and webcast on the same day at 5:00 PM Eastern Time to discuss the results. Mission Produce is a global leader in sourcing, producing, and distributing fresh Hass avocados and other produce.
Mission Produce will report on its fresh Hass avocado business Sept. 8
Mission Produce (NASDAQ: AVO) announced it will release its fiscal third-quarter financial results on Tuesday, September 8, 2026, after the market closes. The company will host a conference call and live webcast on the same day at 5:00 PM Eastern Time to discuss the results for the quarter ended July 30, 2026. This announcement includes details on how investors can access the call and webcast, as well as replay information.
Can Higher Volumes Offset Mission Produce's Pricing Pressure?
Mission Produce (AVO) is experiencing robust avocado demand and higher sales volumes, which partially cushions the impact of significantly lower pricing. While revenues and gross profit declined in Q2 fiscal 2026 due to pricing pressures, the company expects moderation in pricing declines and record Peruvian avocado production in the coming quarter. Similar volume-driven cushions against pricing and cost pressures are also observed in other agricultural companies like Corteva (CTVA) and Dole (DOLE).
Heartland Advisors Inc. Acquires New Position in Mission Produce, Inc. $AVO
Heartland Advisors Inc. recently acquired a new position in Mission Produce, Inc. (NASDAQ:AVO), purchasing 329,279 shares valued at approximately $3.88 million. This move gives Heartland Advisors a 0.37% stake in the company, which has seen significant insider buying and a share repurchase authorization. Despite some analyst downgrades, the stock holds a "Moderate Buy" consensus rating with a target price of $16.67.
Mission Produce, Inc. (NASDAQ:AVO) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Mission Produce, Inc. (NASDAQ:AVO) has received a consensus "Moderate Buy" rating from six brokerages, with an average 1-year target price of $16.6667. The company recently authorized a $100 million stock buyback program, indicating the board believes its shares are undervalued. Insider trading activity includes a director purchasing 40,000 shares and the CFO selling 5,000 shares, while institutional investors and hedge funds have significantly modified their holdings.
US Canada Tariff Relief Puts Mission Produce Stock And Agribusiness Exporters In Focus
A new US-Canada trade deal, promising zero tariffs on US farm exports and a pause on planned duties, has brought agricultural exporters back into focus. This article highlights three companies – AGT Food and Ingredients (TSX:AGTF), Village Farms International (VFF), and Mission Produce (AVO) – that stand to benefit from these shifting tariff expectations. These companies represent various segments of the agribusiness sector, from pulse processing to greenhouse produce and avocado distribution, all positioned to gain from smoother cross-border trade.
Nuance Investments LLC Has $5.91 Million Holdings in Mission Produce, Inc. $AVO
Nuance Investments LLC significantly increased its stake in Mission Produce, Inc. (NASDAQ:AVO) by 66.2% in the second quarter, now holding 501,087 shares valued at $5.91 million. This increase makes Mission Produce its 26th largest holding. The company also saw substantial insider purchases totaling $42.46 million over the last 90 days and authorized a $100 million share repurchase program, indicating confidence from both institutional investors and company leadership.
Alberta Investment Management Corp Invests $3.25 Million in Mission Produce, Inc. $AVO
Alberta Investment Management Corp (AIMCo) has invested approximately $3.25 million in Mission Produce, Inc. ($AVO) by acquiring 275,539 shares, representing about 0.31% of the company. Institutional investors now collectively own 63.57% of Mission Produce, while insiders have purchased over 3.35 million shares valued at $42.46 million in the last 90 days. The company recently authorized a $100 million share buyback program, indicating management believes the stock is undervalued, despite some recent analyst downgrades.
Mission Produce Faces $84 Million Margin Recovery as Avocado Exports Resume
Mission Produce is facing a challenge to achieve its target of $84-$88 million in adjusted EBITDA for the second half of fiscal 2026, as Mexican avocado exports have fully resumed. While the resumption ensures supply, it may also depress avocado prices, which had previously fallen 36% for Mission. The company's recent acquisition of Calavo aims to diversify its offerings and achieve cost synergies, but integration risks and increased debt levels add to the uncertainty.
