Mission Produce Inc’s recent filing unveils that its Director Taylor Family Investments, LLC acquired Company’s shares for reported $6.61 million on Sep 13 ’24. In the deal valued at $13.21 per share,500,000 shares were bought.
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Then, Stephen J. Barnard bought 36,200 shares, generating $471,324 in total proceeds.
Before that, Gonzalez Luis A sold 51,615 shares. Mission Produce Inc shares valued at $685,447 were divested by the Director at a price of $13.28 per share. As a result of the transaction, Gonzalez Luis A now holds 7,219,614 shares, worth roughly $95.15 million.
Lake Street initiated its Mission Produce Inc [AVO] rating to a Buy in a research note published on May 17, 2024; the price target was $15. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Citigroup also remained covering AVO and has decreased its forecast on March 23, 2021 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on March 11, 2021. It rated AVO as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of AVO
On Friday, Mission Produce Inc [NASDAQ:AVO] saw its stock fall -0.53% to $13.18. Over the last five days, the stock has gained 22.83%. Mission Produce Inc shares have risen nearly 30.62% since the year began. Nevertheless, the stocks have risen 41.11% over the past one year. While a 52-week high of $13.45 was reached on 09/11/24, a 52-week low of $8.19 was recorded on 07/10/24. SMA at 50 days reached $10.73, while 200 days put it at $10.76.
Levels Of Support And Resistance For AVO Stock
The 24-hour chart illustrates a support level at 12.93, which if violated will result in even more drops to 12.69. On the upside, there is a resistance level at 13.37. A further resistance level may holdings at 13.57. The Relative Strength Index (RSI) on the 14-day chart is 82.41, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.85%. Stochastics %K at 92.59% indicates the stock is a selling.
How much short interest is there in Mission Produce Inc?
A steep rise in short interest was recorded in Mission Produce Inc stocks on 2024-08-30, growing by 53272.0 shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 0.94 million shares. There was a rise of 5.35%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 27, 2020 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $17 price target.
