Mirion Technologies, Inc. (NYSE:MIR) Shares Purchased by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust raised its stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 123.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 507,116 shares of the company's stock after purchasing an additional 280,437 shares during the period. Emerald Mutual Fund Advisers Trust owned about 0.22% of Mirion Technologies worth $7,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in MIR. Vanguard Group Inc. lifted its holdings 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 last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of 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 acquiring an additional 216,258 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Mirion Technologies by 2.8% in the fourth quarter. Janus Henderson Group PLC now owns 8,330,495 shares of the company's stock valued at $145,367,000 after purchasing an additional 229,718 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Mirion Technologies by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,185,694 shares of the company's stock valued at $125,391,000 after purchasing an additional 171,918 shares in the last quarter. Finally, Brown Advisory Inc. increased its stake in Mirion Technologies by 45.9% in the first quarter. Brown Advisory Inc. now owns 5,560,461 shares of the company's stock valued at $80,627,000 after purchasing an additional 1,748,437 shares during the last quarter. Hedge funds and other institutional investors own 78.51% of the company's stock.

Insider Buying and Selling at Mirion Technologies

In other Mirion Technologies news, Director Lawrence D. Kingsley sold 500,000 shares of the business'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 transaction, the director directly owned 61,287 shares of the company's stock, valued at approximately $1,099,488.78. The trade was a 89.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 6.30% of the stock is currently owned by corporate insiders.

Mirion Technologies Stock Down 0.1%

Shares of NYSE:MIR opened at $20.41 on Friday. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $22.21. 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 stock has a market cap of $4.73 billion, a P/E ratio of -340.08 and a beta of 0.83. The firm has a fifty day moving average price of $19.25 and a 200 day moving average price of $16.77.

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, 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 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 quarter in the prior year, the firm earned $0.06 earnings per share. Sell-side analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MIR shares. B. Riley dropped their target price on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Citigroup dropped their price objective on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Robert W. Baird boosted their target price on Mirion Technologies from $20.00 to $22.00 and gave the company an "outperform" rating in a report on Wednesday. Four investment 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 stock presently has an average rating of "Buy" and an average target price of $19.25.

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.

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