Segall Bryant & Hamill LLC Purchases 236,766 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Segall Bryant & Hamill LLC grew its position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 49.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 711,349 shares of the company's stock after acquiring an additional 236,766 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.31% of Mirion Technologies worth $10,315,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Victory Capital Management Inc. lifted its holdings in Mirion Technologies by 3,556.6% during the 1st quarter. Victory Capital Management Inc. now owns 1,004,697 shares of the company's stock worth $14,568,000 after buying an additional 977,221 shares during the last quarter. Sumitomo Life Insurance Co. bought a new position in Mirion Technologies in the 1st quarter worth approximately $329,000. CWM LLC grew its holdings in Mirion Technologies by 1,026.3% in the 1st quarter. CWM LLC now owns 6,431 shares of the company's stock worth $93,000 after buying an additional 5,860 shares in the last quarter. Emerald Advisers LLC lifted its position in Mirion Technologies by 44.8% in the first quarter. Emerald Advisers LLC now owns 880,089 shares of the company's stock worth $12,761,000 after purchasing an additional 272,098 shares during the period. Finally, Arizona State Retirement System lifted its position in Mirion Technologies by 4.7% in the first quarter. Arizona State Retirement System now owns 58,214 shares of the company's stock worth $844,000 after purchasing an additional 2,608 shares during the period. Hedge funds and other institutional investors own 78.51% of the company's stock.

Insider Activity

In other Mirion Technologies news, Director Lawrence D. Kingsley sold 500,000 shares of Mirion Technologies 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.20% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on MIR. Citigroup raised their price objective on Mirion Technologies from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. B. Riley lowered 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. Finally, Robert W. Baird raised their price target on Mirion Technologies from $20.00 to $22.00 and gave the company an "outperform" rating in a research report on Wednesday, July 9th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Mirion Technologies presently has an average rating of "Buy" and an average target price of $21.00.

Mirion Technologies Stock Performance

Shares of MIR stock traded up $0.06 on Friday, reaching $21.79. The stock had a trading volume of 1,873,969 shares, compared to its average volume of 2,173,655. The company has a quick ratio of 1.69, a current ratio of 2.23 and a debt-to-equity ratio of 0.44. The firm's 50-day moving average is $19.76 and its two-hundred day moving average is $16.89. The firm has a market capitalization of $5.05 billion, a price-to-earnings ratio of -363.17 and a beta of 0.83. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $22.21.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $202.00 million for the quarter, compared to analysts' expectations 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 revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $0.06 earnings per share. On average, research analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

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.