Insider Selling: Mirion Technologies, Inc. (NYSE:MIR) Insider Sells 5,000 Shares of Stock

Mirion Technologies, Inc. (NYSE:MIR) insider Emmanuelle Lee sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $10.60, for a total transaction of $53,000.00. Following the completion of the transaction, the insider now directly owns 138,193 shares of the company’s stock, valued at approximately $1,464,845.80. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 shares were sold at an average price of $10.80, for a total value of $54,000.00.

Mirion Technologies Stock Up 0.3 %

Shares of NYSE:MIR opened at $11.05 on Friday. Mirion Technologies, Inc. has a fifty-two week low of $6.70 and a fifty-two week high of $11.78. The firm’s 50 day moving average price is $10.41 and its 200 day moving average price is $10.60. The company has a quick ratio of 1.55, a current ratio of 2.18 and a debt-to-equity ratio of 0.44. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of -26.95 and a beta of 0.79.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data 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. The business had revenue of $207.10 million for the quarter, compared to analyst estimates of $210.77 million. Mirion Technologies had a negative net margin of 7.80% and a positive return on equity of 3.81%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.08 EPS.

Institutional Trading of Mirion Technologies

A number of institutional investors have recently bought and sold shares of MIR. Vanguard Group Inc. increased its holdings in shares of Mirion Technologies by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 21,308,031 shares of the company’s stock valued at $242,272,000 after acquiring an additional 159,404 shares during the last quarter. Swedbank AB acquired a new position in Mirion Technologies in the first quarter valued at approximately $122,546,000. Dimensional Fund Advisors LP increased 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 valued at $65,642,000 after purchasing an additional 1,031,966 shares during the last quarter. P2 Capital Partners LLC raised its holdings in Mirion Technologies by 8.8% during the fourth quarter. P2 Capital Partners LLC now owns 5,847,122 shares of the company’s stock worth $59,933,000 after purchasing an additional 474,414 shares in the last quarter. Finally, Nomura Holdings Inc. lifted its position in shares of Mirion Technologies by 11.2% during the 4th quarter. Nomura Holdings Inc. now owns 4,916,574 shares of the company’s stock worth $50,395,000 after buying an additional 493,939 shares during the last quarter. 78.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, B. Riley began coverage on Mirion Technologies in a research note on Thursday. They set a “buy” rating and a $14.00 target price for the company.

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.