3,041,016 Shares in Mirion Technologies, Inc. (NYSE:MIR) Bought by William Blair Investment Management LLC

William Blair Investment Management LLC bought a new position in shares of Mirion Technologies, Inc. (NYSE:MIR) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,041,016 shares of the company’s stock, valued at approximately $53,066,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MIR. Artemis Investment Management LLP acquired a new position in Mirion Technologies during the 4th quarter worth $38,155,000. Corsair Capital Management L.P. grew its stake in Mirion Technologies by 83.9% during the 3rd quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock worth $34,991,000 after purchasing an additional 1,441,846 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Mirion Technologies during the 4th quarter worth $17,164,000. Allspring Global Investments Holdings LLC grew its stake in Mirion Technologies by 1,532.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company’s stock worth $8,810,000 after purchasing an additional 488,790 shares in the last quarter. Finally, Telemark Asset Management LLC acquired a new position in Mirion Technologies during the 3rd quarter worth $4,428,000. 78.51% of the stock is owned by institutional investors and hedge funds.

Mirion Technologies Stock Up 2.2 %

Mirion Technologies stock opened at $14.78 on Tuesday. Mirion Technologies, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $18.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The company has a market capitalization of $3.43 billion, a P/E ratio of -77.76 and a beta of 0.74. The stock has a 50-day simple moving average of $15.81 and a 200-day simple moving average of $14.87.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Equities research analysts expect that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. The Goldman Sachs Group upped their price objective on Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Citigroup upped their price objective on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Baird R W raised Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. Finally, Robert W. Baird assumed coverage on Mirion Technologies in a research report on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective for the company. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $19.25.

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.