Exchange Traded Concepts LLC Has $1.94 Million Holdings in Mirion Technologies, Inc. (NYSE:MIR)

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

Other hedge funds have also modified their holdings of the company. US Bancorp DE raised its holdings in shares of Mirion Technologies by 3,248.7% during the fourth quarter. US Bancorp DE now owns 6,262 shares of the company's stock worth $109,000 after acquiring an additional 6,075 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Mirion Technologies by 162.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company's stock valued at $116,000 after purchasing an additional 4,120 shares during the period. Harvest Fund Management Co. Ltd acquired a new stake in Mirion Technologies in the 4th quarter valued at approximately $120,000. GAMMA Investing LLC raised its position in Mirion Technologies by 2,310.3% in the 1st quarter. GAMMA Investing LLC now owns 7,279 shares of the company's stock valued at $106,000 after buying an additional 6,977 shares during the last quarter. Finally, Corient Private Wealth LLC acquired a new stake in shares of Mirion Technologies in the fourth quarter valued at approximately $187,000. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MIR. Robert W. Baird lowered their price objective on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating on the stock in a report on Friday, April 4th. B. Riley lowered their target price on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Finally, Citigroup lowered their target price on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research 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. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $18.75.

Mirion Technologies Price Performance

NYSE:MIR traded up $0.10 during trading hours on Friday, reaching $19.65. 4,052,868 shares of the company were exchanged, compared to its average volume of 1,997,651. The company has a market capitalization of $4.56 billion, a P/E ratio of -327.42 and a beta of 0.80. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $20.80. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.23 and a quick ratio of 1.69. The business has a 50 day moving average of $17.42 and a 200 day moving average of $16.47.

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

Insider Buying and Selling at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 500,000 shares of Mirion Technologies stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $17.94, for a total transaction of $8,970,000.00. Following the sale, the director now directly owns 61,287 shares of the company's stock, valued at approximately $1,099,488.78. This trade represents a 89.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 6.30% of the company's stock.

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.