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Mirion Technologies, Inc. (NYSE:MIR) Stock Holdings Boosted by Brown Advisory Inc.

Mirion Technologies logo with Business Services background

Brown Advisory Inc. grew its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 45.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,560,461 shares of the company's stock after purchasing an additional 1,748,437 shares during the quarter. Brown Advisory Inc. owned approximately 2.39% of Mirion Technologies worth $80,627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in Mirion Technologies by 4.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 19,386 shares of the company's stock worth $338,000 after acquiring an additional 865 shares during the last quarter. Principal Financial Group Inc. raised its position in Mirion Technologies by 14.9% during the first quarter. Principal Financial Group Inc. now owns 14,057 shares of the company's stock worth $204,000 after acquiring an additional 1,820 shares during the last quarter. Swiss National Bank raised its position in Mirion Technologies by 0.5% during the fourth quarter. Swiss National Bank now owns 376,800 shares of the company's stock worth $6,575,000 after acquiring an additional 2,000 shares during the last quarter. Summit Investment Advisors Inc. raised its position in Mirion Technologies by 10.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 21,611 shares of the company's stock worth $377,000 after acquiring an additional 2,031 shares during the last quarter. Finally, Xponance Inc. raised its position in Mirion Technologies by 15.9% during the fourth quarter. Xponance Inc. now owns 14,942 shares of the company's stock worth $261,000 after acquiring an additional 2,048 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Robert W. Baird lifted their target price on shares of Mirion Technologies from $20.00 to $22.00 and gave the stock an "outperform" rating in a research report on Wednesday. B. Riley cut their target price on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Finally, Citigroup cut their price objective on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $19.25.

View Our Latest Stock Report on Mirion Technologies

Insider Buying and Selling at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 500,000 shares of the company's stock in a transaction on Wednesday, May 21st. The shares were 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 directly owned 61,287 shares in the company, valued at approximately $1,099,488.78. This represents a 89.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 6.30% of the company's stock.

Mirion Technologies Trading Down 0.1%

MIR traded down $0.02 during trading on Friday, hitting $20.41. 1,440,811 shares of the company's stock were exchanged, compared to its average volume of 2,159,758. The company has a current ratio of 2.23, a quick ratio of 1.69 and a debt-to-equity ratio of 0.44. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $22.21. The stock has a 50 day moving average price of $19.25 and a 200 day moving average price of $16.76. The firm has a market cap of $4.73 billion, a P/E ratio of -340.08 and a beta of 0.83.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, beating 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 1.16% and a positive return on equity of 6.07%. The business's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 earnings per share. As a group, analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Mirion Technologies Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Mirion Technologies (NYSE:MIR)

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