Globalharvest boosts Mission Produce (AVO) stake with 217K-share open-market buy
Rhea-AI Filing Summary
Mission Produce, Inc. large shareholder Globalharvest Holdings Venture Ltd reported open-market purchases of the company’s common stock. On March 13, 2026, it bought 40,509 shares at a weighted average price of $11.99 per share, in multiple trades priced between $11.95 and $12.00. On March 16, 2026, it bought an additional 176,765 shares at a weighted average price of $11.87 per share, across trades between $11.81 and $12.00. After these net purchases of 217,274 shares, Globalharvest directly holds 9,987,882 shares of Mission Produce common stock.
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Insights
Large 10% holder increased its Mission Produce stake via open-market purchases.
Globalharvest Holdings Venture Ltd, identified as a more-than-10% owner of Mission Produce, Inc., executed two open-market purchase transactions in the company’s common stock. Open-market purchases generally reflect a deliberate decision to add exposure rather than automatic grants or option exercises.
The filing shows net buying of 217,274 shares at weighted average prices around $11.99 and $11.87, with no reported sales or derivative exercises. Following these trades, Globalharvest directly owns 9,987,882 shares, indicating a substantial ongoing position in the stock.
Because the document does not provide total shares outstanding or additional context on trading plans, it is difficult to gauge the precise impact of these purchases on overall ownership percentages. Based on the available information, this appears as an incremental increase by a significant shareholder rather than a transformative event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 176,765 | $11.87 | $2.10M |
| Purchase | Common Stock | 40,509 | $11.99 | $486K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.95 to $12.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.81 to $12.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.