Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTBrendan Coffey, The Motley FoolSat, June 20, 2026 at 5:41 PM GMT+2 4 min readLong-time Mission Produce Inc (NASDAQ:AVO) director Jay Pack recently bought 189,000 shares of the avocado and mango supplier for $2.1 million.On June 15, 2026, Pack reported the acquisition of 188,550 shares of the company, mostly in his name, and some by his spouse, in two open market transactions, as detailed in the SEC Form 4 filing.Transaction summaryMetricValueShares traded188,550Transaction value$2.1 millionPost-transaction shares (direct)539,965Post-transaction value (direct ownership)~$6.04 millionTransaction value based on SEC Form 4 weighted average purchase price ($11.34); post-transaction value based on June 15, 2026 market close ($11.34).Key questionsHow does this acquisition compare to Pack’s historical trading activity?This 188,550-share purchase represents the largest single transaction by Pack in the past two years, exceeding prior trades (mean sell size: 85,121 shares) and reversing a multi-period reduction in direct ownership.What is the impact on Pack’s ownership structure?The purchase increases direct holdings by 54%, while Pack’s aggregate exposure remains diversified through indirect entities, maintaining a total economic interest of 1,891,397 shares across all classes.Does the transaction timing align with market valuation trends?The purchase was executed at a weighted average price of $11.34 per share, close to the June 15, 2026, market close of $11.18 and during a period when Mission Produce shares were down 8% over the prior year, suggesting opportunistic accumulation following a price decline.Are there capacity or cadence considerations underpinning the trade size?With only 25% of Pack’s pre-transaction holdings remaining after sustained sales since 2024, the magnitude of this acquisition signals renewed conviction and the use of available capacity for direct ownership expansion.Company overviewMetricValueRevenue (TTM)$1.25 billionNet income (TTM)$22.80 millionEmployees3,1001-year price change-0.95%Note: 1-year price performance calculated using June 19th, 2026 as the reference date.Company snapshotOffers avocados and related value-added services, including ripening, packaging, and logistics management, with revenue primarily from the sale and distribution of fresh avocados.Operates an integrated business model spanning international farming, marketing, and distribution, generating income through global supply chain management and service offerings.Serves retailers, wholesalers, and foodservice providers across domestic and international markets.Mission Produce, Inc. is a leading vertically integrated avocado supplier with a global footprint and a diversified customer base. The company leverages its scale and expertise in both farming and distribution to optimize supply chain efficiency and deliver consistent product quality. Its strategic focus on value-added services and international reach positions it competitively within the food distribution sector.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info