Mirion Technologies, Inc. (NYSE:MIR) Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC increased its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 50.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 134,005 shares of the company's stock after buying an additional 45,175 shares during the period. Exchange Traded Concepts LLC owned about 0.06% of Mirion Technologies worth $1,943,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Mirion Technologies by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 23,909,802 shares of the company's stock worth $417,226,000 after buying an additional 227,178 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in Mirion Technologies by 1.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 20,388,146 shares of the company's stock worth $355,774,000 after buying an additional 216,258 shares during the period. Janus Henderson Group PLC grew its holdings in Mirion Technologies by 2.8% during the 4th quarter. Janus Henderson Group PLC now owns 8,330,495 shares of the company's stock worth $145,367,000 after acquiring an additional 229,718 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Mirion Technologies by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,185,694 shares of the company's stock worth $125,391,000 after acquiring an additional 171,918 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Mirion Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 4,571,828 shares of the company's stock worth $79,796,000 after acquiring an additional 69,373 shares in the last quarter. 78.51% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 500,000 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $17.94, for a total transaction of $8,970,000.00. Following the completion of the sale, the director now owns 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.30% of the company's stock.

Analyst Upgrades and Downgrades

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

Mirion Technologies Stock Performance

NYSE MIR traded down $0.60 during trading hours on Thursday, hitting $19.58. The company had a trading volume of 1,821,140 shares, compared to its average volume of 1,985,298. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.69 and a current ratio of 2.23. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $20.80. The company has a market cap of $4.54 billion, a PE ratio of 50.13 and a beta of 0.80. The business has a 50 day moving average of $17.18 and a 200-day moving average of $16.43.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. Mirion Technologies had a negative net margin of 1.16% and a positive return on equity of 6.07%. The company had revenue of $202.00 million during the quarter, compared to the consensus estimate of $199.34 million. During the same quarter in the prior year, the firm posted $0.06 earnings per share. Mirion Technologies's revenue for the quarter was up 4.9% on a year-over-year basis. As a group, equities research analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current 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.