Mirion Technologies, Inc. (NYSE:MIR) Insider Sells $53,000.00 in Stock

Mirion Technologies, Inc. (NYSE:MIR) insider Emmanuelle Lee sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $10.60, for a total transaction of $53,000.00. Following the completion of the sale, the insider now directly owns 138,193 shares of the company’s stock, valued at $1,464,845.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Wednesday, July 24th, Emmanuelle Lee sold 5,000 shares of Mirion Technologies stock. The stock was sold at an average price of $10.80, for a total transaction of $54,000.00.

Mirion Technologies Stock Up 3.3 %

NYSE:MIR opened at $11.03 on Friday. Mirion Technologies, Inc. has a 1-year low of $6.70 and a 1-year high of $11.78. The company has a market capitalization of $2.56 billion, a PE ratio of -26.89 and a beta of 0.79. The firm’s 50-day moving average price is $10.40 and its 200-day moving average price is $10.59. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.18 and a quick ratio of 1.55.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Thursday, August 1st. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03. Mirion Technologies had a negative net margin of 7.80% and a positive return on equity of 3.81%. The business had revenue of $207.10 million during the quarter, compared to the consensus estimate of $210.77 million. During the same quarter last year, the firm earned $0.08 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis.

Institutional Investors Weigh In On Mirion Technologies

A number of institutional investors have recently modified their holdings of MIR. Dimensional Fund Advisors LP grew its position in Mirion Technologies by 40.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,738,900 shares of the company’s stock valued at $38,325,000 after purchasing an additional 1,071,810 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Mirion Technologies by 0.8% during the first quarter. Vanguard Group Inc. now owns 21,308,031 shares of the company’s stock valued at $242,272,000 after buying an additional 159,404 shares during the last quarter. P2 Capital Partners LLC increased its position in shares of Mirion Technologies by 8.8% during the fourth quarter. P2 Capital Partners LLC now owns 5,847,122 shares of the company’s stock valued at $59,933,000 after acquiring an additional 474,414 shares in the last quarter. Nomura Holdings Inc. raised its holdings in Mirion Technologies by 11.2% in the 4th quarter. Nomura Holdings Inc. now owns 4,916,574 shares of the company’s stock worth $50,395,000 after acquiring an additional 493,939 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D bought a new position in Mirion Technologies in the 2nd quarter valued at approximately $1,890,000. 78.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, B. Riley initiated coverage on Mirion Technologies in a report on Thursday. They set a “buy” rating and a $14.00 target price on the stock.

Mirion Technologies Company Profile

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.