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 Mirion Technologies stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $14.27, for a total transaction of $48,589.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $10.60, for a total transaction of $53,000.00.

Mirion Technologies Price Performance

Shares of MIR opened at $15.70 on Thursday. Mirion Technologies, Inc. has a 52-week low of $7.97 and a 52-week high of $15.75. The stock has a fifty day simple moving average of $12.07 and a two-hundred day simple moving average of $11.12. 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 posted its earnings results on Tuesday, October 29th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $203.67 million. During the same quarter in the prior year, the firm earned $0.03 EPS. Mirion Technologies’s revenue for the quarter was up 8.2% compared to the same quarter last year. Analysts predict that Mirion Technologies, Inc. will post 0.36 EPS for the current year.

Institutional Investors Weigh In On Mirion Technologies

Several institutional investors and hedge funds have recently modified their holdings of MIR. Innealta Capital LLC purchased a new position in shares of Mirion Technologies in the second quarter valued at approximately $39,000. Central Pacific Bank Trust Division purchased a new stake in Mirion Technologies during the 1st quarter worth about $85,000. Integrated Advisors Network LLC purchased a new position in shares of Mirion Technologies in the 3rd quarter valued at about $120,000. Algert Global LLC purchased a new stake in shares of Mirion Technologies during the second quarter worth approximately $189,000. Finally, Bayesian Capital Management LP purchased a new position in Mirion Technologies in the first quarter worth approximately $226,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on MIR. The Goldman Sachs Group raised their price objective on Mirion Technologies from $13.00 to $16.00 and gave the stock 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 issued a “buy” rating and a $14.00 price objective on the stock. Finally, Citigroup raised their target price on Mirion Technologies from $17.00 to $18.00 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.