Mirion Technologies, Inc. (NYSE:MIR) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. grew its stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 3,556.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,004,697 shares of the company's stock after purchasing an additional 977,221 shares during the quarter. Victory Capital Management Inc. owned approximately 0.43% of Mirion Technologies worth $14,568,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. KBC Group NV grew its position in shares of Mirion Technologies by 31.0% in the first quarter. KBC Group NV now owns 10,485 shares of the company's stock valued at $152,000 after purchasing an additional 2,483 shares during the period. Principal Financial Group Inc. boosted its position in Mirion Technologies by 14.9% during the first quarter. Principal Financial Group Inc. now owns 14,057 shares of the company's stock worth $204,000 after acquiring an additional 1,820 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in Mirion Technologies during the fourth quarter worth about $480,000. Xponance Inc. boosted its position in Mirion Technologies by 5.7% during the first quarter. Xponance Inc. now owns 15,793 shares of the company's stock worth $229,000 after acquiring an additional 851 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its position in Mirion Technologies by 86.7% during the first quarter. Teacher Retirement System of Texas now owns 29,565 shares of the company's stock worth $429,000 after acquiring an additional 13,733 shares during the last quarter. Institutional investors and hedge funds own 78.51% of the company's stock.

Mirion Technologies Stock Up 0.9%

MIR traded up $0.19 during trading hours on Friday, hitting $21.94. 1,384,924 shares of the company's stock were exchanged, compared to its average volume of 2,813,753. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $22.22. The firm has a 50 day moving average of $20.20 and a 200 day moving average of $17.04. The firm has a market cap of $5.09 billion, a P/E ratio of -365.72 and a beta of 0.83. The company has a current ratio of 2.23, a quick ratio of 1.69 and a debt-to-equity ratio of 0.44.

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. Mirion Technologies had a negative net margin of 1.16% and a positive return on equity of 6.07%. The firm had revenue of $202.00 million for the quarter, compared to the consensus estimate of $199.34 million. During the same period in the prior year, the firm earned $0.06 EPS. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. Analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other Mirion Technologies news, Director Lawrence D. Kingsley sold 500,000 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $17.94, for a total transaction of $8,970,000.00. Following the completion of the transaction, the director owned 61,287 shares in the company, valued at $1,099,488.78. The trade was a 89.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. B. Riley restated a "buy" rating and set a $22.00 price target (up from $17.00) on shares of Mirion Technologies in a research report on Wednesday. Robert W. Baird boosted their price target on shares of Mirion Technologies from $20.00 to $22.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. Finally, Citigroup boosted their price target on shares of Mirion Technologies from $23.00 to $24.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $22.25.

Mirion Technologies Company 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.