Mission Produce executive chairman Stephen Barnard sells $446,177 in AVO stock
Mission Produce executive chairman Stephen Barnard sold a significant amount of the company's common stock, valued at $446,177, on September 18, 2026. The shares were sold in two transactions, with prices ranging from $12.54 to $13.00. The company's stock currently trades at $12.80, resulting in a market capitalization of $1.13 billion.
Following the sales, Mr. Barnard holds 287,459 shares directly, with additional indirect beneficial ownership through trusts. The sale comes as the stock appears overvalued according to InvestingPro data, with analysts maintaining price targets between $15 and $18. Despite this, Mission Produce reported strong fiscal third-quarter results, with revenue surpassing expectations and a robust adjusted EBITDA.
The company's strategic acquisition of Calavo has expanded its reach and is expected to bring benefits in the coming quarters, particularly in Peru and with the launch of blueberries.
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