Landscape Capital Management L.L.C. Makes New $147,000 Investment in Mirion Technologies, Inc. (NYSE:MIR)

Landscape Capital Management L.L.C. bought a new position in Mirion Technologies, Inc. (NYSE:MIR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,251 shares of the company’s stock, valued at approximately $147,000.

Several other hedge funds also recently bought and sold shares of MIR. Swedbank AB acquired a new position in Mirion Technologies in the 1st quarter worth about $122,546,000. American Century Companies Inc. increased its position in Mirion Technologies by 61.9% in the 2nd quarter. American Century Companies Inc. now owns 3,942,571 shares of the company’s stock worth $42,343,000 after purchasing an additional 1,507,101 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Mirion Technologies by 20.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,111,933 shares of the company’s stock worth $65,642,000 after purchasing an additional 1,031,966 shares during the last quarter. Nicholas Investment Partners LP acquired a new position in shares of Mirion Technologies during the 2nd quarter valued at about $5,223,000. Finally, Millennium Management LLC increased its holdings in shares of Mirion Technologies by 509.8% during the 2nd quarter. Millennium Management LLC now owns 533,534 shares of the company’s stock valued at $5,730,000 after acquiring an additional 446,034 shares during the last quarter. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Mirion Technologies Price Performance

Shares of NYSE:MIR opened at $16.60 on Tuesday. The business has a 50 day moving average price of $13.39 and a 200 day moving average price of $11.54. Mirion Technologies, Inc. has a twelve month low of $8.65 and a twelve month high of $17.03. The company has a market cap of $3.86 billion, a price-to-earnings ratio of -48.82 and a beta of 0.73. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, October 29th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. The business had revenue of $206.80 million for the quarter, compared to the consensus estimate of $203.67 million. During the same quarter in the previous year, the company earned $0.03 EPS. Mirion Technologies’s revenue for the quarter was up 8.2% compared to the same quarter last year. Research analysts predict that Mirion Technologies, Inc. will post 0.36 earnings per share for the current year.

Insider Activity at Mirion Technologies

In other Mirion Technologies news, insider Emmanuelle Lee sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $10.60, for a total value of $53,000.00. Following the completion of the sale, the insider now owns 138,193 shares in the company, valued at approximately $1,464,845.80. This trade represents a 3.49 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Thomas D. Logan sold 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $14.11, for a total value of $105,825.00. Following the completion of the sale, the chief executive officer now owns 1,544,017 shares of the company’s stock, valued at $21,786,079.87. This represents a 0.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,405 shares of company stock worth $285,939 in the last 90 days. 2.20% of the stock is owned by company insiders.

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.