Hollow Brook Wealth Management LLC Has $2.40 Million Position in Mirion Technologies, Inc. (NYSE:MIR)

Hollow Brook Wealth Management LLC lifted its position in Mirion Technologies, Inc. (NYSE:MIR) by 4.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 217,178 shares of the company’s stock after purchasing an additional 9,572 shares during the period. Hollow Brook Wealth Management LLC’s holdings in Mirion Technologies were worth $2,404,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Innealta Capital LLC acquired a new position in Mirion Technologies in the 2nd quarter valued at approximately $39,000. Quest Partners LLC raised its stake in Mirion Technologies by 680.5% during the third quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock worth $74,000 after acquiring an additional 5,866 shares in the last quarter. Integrated Advisors Network LLC acquired a new stake in Mirion Technologies in the 3rd quarter valued at about $120,000. Paloma Partners Management Co acquired a new position in shares of Mirion Technologies during the third quarter worth approximately $122,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Mirion Technologies during the third quarter valued at approximately $147,000. 78.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MIR has been the topic of a number of recent research reports. Citigroup increased their price objective on Mirion Technologies from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. The Goldman Sachs Group boosted 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. Finally, B. Riley initiated coverage on shares of Mirion Technologies in a report on Thursday, September 26th. They set a “buy” rating and a $14.00 target price for the company.

Insider Activity at Mirion Technologies

In other news, CEO Thomas D. Logan sold 7,500 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $14.11, for a total transaction of $105,825.00. Following the transaction, the chief executive officer now directly owns 1,544,017 shares in the company, valued at $21,786,079.87. The trade was a 0.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Emmanuelle Lee sold 3,405 shares of Mirion Technologies stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $14.27, for a total transaction of $48,589.35. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,405 shares of company stock valued at $285,939. Corporate insiders own 2.20% of the company’s stock.

Mirion Technologies Trading Up 0.2 %

NYSE MIR opened at $16.91 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The firm has a market cap of $3.93 billion, a P/E ratio of -49.62 and a beta of 0.73. The stock’s 50-day moving average is $14.04 and its 200-day moving average is $11.76. Mirion Technologies, Inc. has a one year low of $8.89 and a one year high of $17.03.

Mirion Technologies (NYSE:MIR) last issued its quarterly 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). The firm had revenue of $206.80 million during the quarter, compared to the consensus estimate of $203.67 million. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.03 earnings per share. Sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.36 earnings per share for the current fiscal year.

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.