Squarepoint Ops LLC Sells 135,086 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Squarepoint Ops LLC lessened its stake in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 71.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,528 shares of the company's stock after selling 135,086 shares during the period. Squarepoint Ops LLC's holdings in Mirion Technologies were worth $952,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MIR. State of Wyoming lifted its position in shares of Mirion Technologies by 26.8% during the 4th quarter. State of Wyoming now owns 104,750 shares of the company's stock worth $1,828,000 after purchasing an additional 22,126 shares during the last quarter. Silvercrest Asset Management Group LLC bought a new position in Mirion Technologies in the 4th quarter worth approximately $16,901,000. Polar Asset Management Partners Inc. acquired a new position in shares of Mirion Technologies during the fourth quarter worth approximately $3,052,000. ProShare Advisors LLC boosted its position in shares of Mirion Technologies by 54.1% in the fourth quarter. ProShare Advisors LLC now owns 58,179 shares of the company's stock valued at $1,015,000 after acquiring an additional 20,414 shares during the period. Finally, Paradoxiom Capital L.P. acquired a new stake in shares of Mirion Technologies in the fourth quarter worth $4,892,000. Institutional investors own 78.51% of the company's stock.

Insider Buying and Selling at Mirion Technologies

In other 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 sale, the director now owns 61,287 shares in the company, valued at approximately $1,099,488.78. The trade was a 89.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MIR. Citigroup dropped their price objective on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Monday, April 14th. B. Riley lowered their price target on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Robert W. Baird reduced their price objective on 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 assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $18.75.

Mirion Technologies Price Performance

Shares of NYSE:MIR traded up $0.15 during midday trading on Tuesday, reaching $19.42. 3,994,992 shares of the company's stock were exchanged, compared to its average volume of 1,885,959. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The company's 50 day simple moving average is $15.74 and its two-hundred day simple moving average is $16.13. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $19.70. The firm has a market capitalization of $4.50 billion, a PE ratio of -102.19 and a beta of 0.74.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The firm had revenue of $202.00 million during the quarter, compared to analysts' expectations of $199.34 million. During the same quarter last year, the company earned $0.06 earnings per share. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. Equities research analysts expect that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal 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.