Register Financial Advisors LLC purchased a new position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 29,300 shares of the company's stock, valued at approximately $425,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Rhumbline Advisers increased its position in Mirion Technologies by 2.7% during the fourth quarter. Rhumbline Advisers now owns 318,467 shares of the company's stock worth $5,557,000 after buying an additional 8,288 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in shares of Mirion Technologies by 10.5% during the 4th quarter. Handelsbanken Fonder AB now owns 61,031 shares of the company's stock worth $1,065,000 after acquiring an additional 5,800 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Mirion Technologies during the 4th quarter valued at about $2,827,000. Y Intercept Hong Kong Ltd bought a new position in shares of Mirion Technologies in the 4th quarter valued at approximately $394,000. Finally, Bank of New York Mellon Corp lifted its holdings in Mirion Technologies by 2.0% in the 4th quarter. Bank of New York Mellon Corp now owns 661,429 shares of the company's stock worth $11,542,000 after purchasing an additional 13,248 shares during the last quarter. Institutional investors own 78.51% of the company's stock.
Mirion Technologies Stock Performance
NYSE MIR traded down $0.09 during trading on Tuesday, hitting $20.26. The company's stock had a trading volume of 2,977,877 shares, compared to its average volume of 2,014,805. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $21.51. The firm has a market cap of $4.70 billion, a P/E ratio of -337.65 and a beta of 0.80. The firm has a 50 day moving average price of $17.55 and a 200 day moving average price of $16.47. The company has a quick ratio of 1.69, a current ratio of 2.23 and a debt-to-equity ratio of 0.44.
Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings data 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 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%. Mirion Technologies's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $0.06 earnings per share. Equities research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
MIR has been the topic of a number of recent analyst reports. Citigroup dropped their price target 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. 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 report on Wednesday, April 16th. Finally, Robert W. Baird cut their target price on shares of 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 given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $18.75.
Get Our Latest Stock Report on Mirion Technologies
Insider Transactions at Mirion Technologies
In related 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 value 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 trade represents a 89.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.20% of the company's stock.
About Mirion Technologies
(
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.
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