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EdgarHawk

Barnard Stephen J

CEO

Director Officer
2 filings analyzed · 1 company · Latest 2024-12-30

Companies

Company Buys Sells Direction
Mission Produce, Inc. AVO 0 6 Net selling

Activity

December 2024
medium
Sell
110,879 shares
$1,611,261
Significance 5/10

CEO Barnard sold 110,879 shares ($1.6M) at $14.53 blended avg; holds 1.79M post-sale; stock up 8.6% (30d), 12.8% (90d).

CEO Stephen J Barnard executed 4 separate sales totaling 110,879 shares for $1,611,260.93 on 2024-12-26 and 2024-12-30, reducing his holdings from 1,898,329 to 1,787,450 shares (-5.8%). The sales occurred near the 52-week high ($14.45), with the blended average price of $14.53 within 0.1% of that peak. His prior trades at AVO show a 0-of-4 well-timed record at the 90-day mark (two 2024-09-12 sales declined -6.8% in 30 days but rose 1.9% in 90 days; two 2023-10-09 sales declined -1.7% in 30 days but rose 11.3% in 90 days), indicating a pattern of selling before upside. The current stock remains up +8.6% over 30 days and +12.8% over 90 days from the transaction dates, consistent with his prior AVO timing experience. With strong fundamentals (revenue growth +29.4% YoY, P/E 16.22, $324M latest-quarter revenue), the sale does not signal fundamental distress but reflects execution near technical resistance.

September 2024
high
Sell
52,920 shares
$689,018
Significance 7/10

CEO Stephen Barnard completely exits 52.9K shares of Mission Produce at $13.02, eliminating entire stake

CEO Stephen Barnard executed 2 separate sales totaling 52,920 shares for $689,018.40, divesting his complete shareholding in Mission Produce on 2024-09-12 at $13.02 per share. The transaction comes as AVO trades near its 52-week high of $13.25 and has appreciated 32.8% over the preceding 30 days, positioning the exit at near-peak valuations. Critically, the company remains fundamentally challenged: it posted negative full-year net income despite quarterly revenue of $324,000,000.00, carries a P/E of 40.15, and experienced -8.8% annual revenue decline. Barnard's prior 2 sales at AVO (both 2023-10-09) demonstrated poor timing outcomes, with 90-day returns of +11.3% in both instances—meaning the stock rose after those exits—yet this complete elimination of his remaining shares warrants investor attention given the weak underlying profitability trend and his loss of directional skin-in-the-game.

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