Mirion Technologies, Inc. (NYSE:MIR) Insider Sells $48,589.35 in Stock

Mirion Technologies, Inc. (NYSE:MIR) insider Emmanuelle Lee sold 3,405 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $14.27, for a total transaction of $48,589.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Emmanuelle Lee also recently made the following trade(s):

• On Tuesday, September 24th, Emmanuelle Lee sold 5,000 shares of Mirion Technologies stock. The shares were sold at an average price of $10.60, for a total transaction of $53,000.00.

Mirion Technologies Stock Up 4.6 %

Shares of MIR opened at $15.70 on Thursday. Mirion Technologies, Inc. has a 12-month low of $7.97 and a 12-month high of $15.75. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The firm has a fifty day moving average price of $12.07 and a 200-day moving average price of $11.12.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $206.80 million for the quarter, compared to analysts’ expectations of $203.67 million. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 earnings per share. On average, equities analysts expect that Mirion Technologies, Inc. will post 0.36 EPS for the current year.

Institutional Trading of Mirion Technologies

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Mirion Technologies by 0.8% in the first quarter. Vanguard Group Inc. now owns 21,308,031 shares of the company’s stock worth $242,272,000 after acquiring an additional 159,404 shares during the period. Swedbank AB purchased a new stake in Mirion Technologies in the first quarter worth about $122,546,000. Dimensional Fund Advisors LP lifted its stake in Mirion Technologies by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 6,111,933 shares of the company’s stock worth $65,642,000 after acquiring an additional 1,031,966 shares during the period. American Century Companies Inc. lifted its stake in Mirion Technologies by 61.9% in the second quarter. American Century Companies Inc. now owns 3,942,571 shares of the company’s stock worth $42,343,000 after acquiring an additional 1,507,101 shares during the period. Finally, Schwartz Investment Counsel Inc. lifted its stake in Mirion Technologies by 1.3% in the second quarter. Schwartz Investment Counsel Inc. now owns 1,519,300 shares of the company’s stock worth $16,317,000 after acquiring an additional 20,000 shares during the period. 78.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MIR. B. Riley began coverage on shares of Mirion Technologies in a research report on Thursday, September 26th. They set a “buy” rating and a $14.00 price objective on the stock. Citigroup boosted their price objective on shares of Mirion Technologies from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, The Goldman Sachs Group boosted their price objective on shares of Mirion Technologies from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, October 31st.

About Mirion Technologies

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.