Mission Produce surged to a 12-month high on Jan. 22, 2026, on insider buying and a new shareholder rights plan, despite mixed earnings.

Mission Produce (AVO) hit a 12-month high of $14.23 on January 22, 2026, fueled by major insider buying from Holdings Venture Globalharvest, which acquired over 1.6 million shares for nearly $19.3 million in late January, increasing its stake to about 9.46 million shares. The surge followed the board’s adoption of a new stockholder rights plan to guard against hostile takeovers. Despite mixed quarterly results—slightly missing earnings and a 10% year-over-year revenue decline—analysts maintain a “Moderate Buy” rating with a $17.00 average target. The stock trades at a P/E of 26.56, with strong liquidity and low volatility, though concerns persist over thin margins and operational sensitivity.