Mirion Technologies Sees Unusually Large Options Volume (NYSE:MIR)

Key Points

• Investors purchased 12,137 call options on Mirion on Wednesday — an approximately 892% increase versus the typical volume of 1,224 calls, indicating unusually large bullish options activity.
• Mirion beat quarterly expectations with $0.10 EPS vs. $0.09 expected and revenue of $257.6M (up 27.5% YoY); the company set FY2026 guidance of 0.480–0.550 EPS, roughly in line with the sell-side consensus of 0.51.
• The stock traded at $20.18 with a market cap of $5.06B and high institutional ownership (~78.5%); analysts have a consensus rating of "Moderate Buy" and an average target price of $27.13.

Mirion Technologies, Inc. (NYSE:MIR - Get Free Report) was the target of unusually large options trading on Wednesday. Stock investors purchased 12,137 call options on the company. This represents an increase of approximately 892% compared to the typical volume of 1,224 call options.

Hedge Funds Weigh In On Mirion Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in shares of Mirion Technologies during the 3rd quarter valued at approximately $25,000. Wolff Wiese Magana LLC purchased a new position in shares of Mirion Technologies during the 3rd quarter valued at approximately $26,000. Salomon & Ludwin LLC purchased a new position in shares of Mirion Technologies during the 3rd quarter valued at approximately $30,000. UMB Bank n.a. boosted its stake in shares of Mirion Technologies by 175.4% during the 4th quarter. UMB Bank n.a. now owns 1,344 shares of the company's stock valued at $31,000 after buying an additional 856 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Mirion Technologies by 470.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company's stock valued at $35,000 after buying an additional 1,354 shares during the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Stock Up 0.2%

Shares of NYSE:MIR traded up $0.04 during trading on Wednesday, hitting $20.18. The company's stock had a trading volume of 326,575 shares, compared to its average volume of 3,413,461. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.63 and a current ratio of 3.19. Mirion Technologies has a fifty-two week low of $15.98 and a fifty-two week high of $30.28. The stock's 50-day moving average price is $19.76 and its two-hundred day moving average price is $23.11. The company has a market capitalization of $5.06 billion, a PE ratio of 201.91 and a beta of 1.07.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $257.60 million during the quarter, compared to analyst estimates of $244.78 million. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.Mirion Technologies's quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, sell-side analysts expect that Mirion Technologies will post 0.51 EPS for the current year.

Wall Street Analyst Weigh In

MIR has been the subject of a number of research reports. Robert W. Baird decreased their target price on Mirion Technologies from $29.00 to $26.00 and set an "outperform" rating for the company in a report on Monday, March 30th. Morgan Stanley decreased their target price on Mirion Technologies from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Wednesday, March 11th. The Goldman Sachs Group decreased their price target on Mirion Technologies from $33.00 to $29.00 and set a "buy" rating for the company in a report on Thursday, February 12th. JPMorgan Chase & Co. decreased their price target on Mirion Technologies from $30.00 to $27.00 and set an "overweight" rating for the company in a report on Thursday, March 26th. Finally, Melius Research upgraded Mirion Technologies to a "strong-buy" rating in a report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $27.13.

Mirion Technologies Company Profile

Mirion Technologies Inc NYSE: MIR is a leading global provider of radiation detection, measurement and monitoring solutions. The company's portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion's product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.

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