Mission Produce Inc's (AVO, Financial) Chief Financial Officer, Bryan Giles, sold 4,458 shares of the company on September 12, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 122,137 shares of Mission Produce Inc.
Mission Produce Inc, headquartered in Oxnard, California, is a global leader in sourcing, producing, and distributing fresh avocados, serving retail, wholesale, and foodservice customers. The company also provides value-added services such as ripening, bagging, custom packing, and logistical management.
Over the past year, Bryan Giles has sold a total of 5,958 shares of the company and has not made any purchases. The insider transaction history for Mission Produce Inc shows a trend with 17 insider sells and no insider buys over the same timeframe.
On the day of the sale, shares of Mission Produce Inc were trading at $13.2. This pricing gives the company a market cap of approximately $939.566 million. The price-earnings ratio of the company stands at 40.15, significantly above both the industry median of 15.99 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Mission Produce Inc is $13.33 per share, making the stock fairly valued with a price-to-GF-Value ratio of 0.99 on the day of the transaction.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
