BNP Paribas Financial Markets Takes $480,000 Position in Mirion Technologies, Inc. (NYSE:MIR)

BNP Paribas Financial Markets purchased a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,520 shares of the company's stock, valued at approximately $480,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of Mirion Technologies by 1,532.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company's stock worth $8,810,000 after buying an additional 488,790 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Mirion Technologies by 291.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 88,830 shares of the company's stock worth $1,550,000 after acquiring an additional 66,132 shares during the last quarter. Barclays PLC lifted its position in shares of Mirion Technologies by 325.0% in the third quarter. Barclays PLC now owns 307,680 shares of the company's stock worth $3,405,000 after buying an additional 235,288 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Mirion Technologies in the fourth quarter worth $394,000. Finally, Legal & General Group Plc grew its stake in shares of Mirion Technologies by 5.1% in the 4th quarter. Legal & General Group Plc now owns 219,698 shares of the company's stock worth $3,834,000 after buying an additional 10,673 shares in the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on MIR shares. B. Riley decreased their price target on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Citigroup dropped their target price on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Robert W. Baird lowered their price target on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research report on Friday, April 4th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $18.75.

Insider Buying and Selling at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 500,000 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $17.94, for a total value of $8,970,000.00. Following the completion of the transaction, the director now owns 61,287 shares in the company, valued at $1,099,488.78. This trade represents a 89.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 6.30% of the stock is currently owned by company insiders.

Mirion Technologies Trading Up 3.2%

Shares of MIR stock traded up $0.60 during trading hours on Tuesday, hitting $19.44. The company had a trading volume of 5,056,139 shares, compared to its average volume of 1,840,096. Mirion Technologies, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $19.53. 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 company's fifty day moving average is $15.34 and its 200 day moving average is $15.98. The stock has a market capitalization of $4.51 billion, a PE ratio of -102.32 and a beta of 0.74.

Mirion Technologies (NYSE:MIR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $202.00 million during the quarter, compared to the consensus estimate of $199.34 million. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The company's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 earnings per share. Research analysts expect that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Mirion Technologies 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.