Stock Traders Purchase Large Volume of Mirion Technologies Call Options (NYSE:MIR)

Key Points

• Mirion Technologies saw unusually high bullish options activity, with investors purchasing 13,224 call options—576% above its average volume.
• Third-quarter revenue increased 24.5% year over year to $277.8 million, exceeding estimates, while adjusted EPS of $0.12 matched expectations. Nuclear orders rose 105%, and the company raised its guidance.
• Despite a “Moderate Buy” analyst consensus and a $25.12 average price target, Mirion trades at a high price-to-earnings ratio of 164.22 and has a thin 2.39% net margin, creating valuation risk if growth slows.

Mirion Technologies, Inc. (NYSE:MIR - Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 13,224 call options on the company. This is an increase of 576% compared to the average volume of 1,955 call options.

Hedge Funds Weigh In On Mirion Technologies

A number of hedge funds have recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Mirion Technologies by 387.7% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 75,100 shares of the company's stock valued at $1,060,000 after buying an additional 59,700 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of Mirion Technologies by 30.7% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 7,096 shares of the company's stock worth $100,000 after buying an additional 1,667 shares in the last quarter. Moody Aldrich Partners LLC purchased a new position in shares of Mirion Technologies in the third quarter worth $1,918,000. Oppenheimer & Co. Inc. boosted its position in shares of Mirion Technologies by 10.9% during the third quarter. Oppenheimer & Co. Inc. now owns 45,620 shares of the company's stock worth $644,000 after acquiring an additional 4,474 shares during the last quarter. Finally, Verdence Capital Advisors LLC bought a new position in shares of Mirion Technologies during the third quarter worth $180,000. 78.51% of the stock is currently owned by institutional investors.

Key Stories Impacting Mirion Technologies

Here are the key news stories impacting Mirion Technologies this week:

• Positive Sentiment: Third-quarter revenue rose 24.5% year over year to $277.8 million, exceeding the approximately $275.4 million analyst estimate. Adjusted earnings of $0.12 per share matched expectations and improved substantially from $0.01 per share a year earlier. Mirion Technologies Profit Advances in Q3
• Positive Sentiment: Nuclear orders reportedly surged 105%, and Mirion raised its guidance, signaling stronger demand and improved confidence in its outlook. These developments may support expectations for continued revenue growth. Mirion Technologies Q3 2026 Earnings
• Positive Sentiment: Options activity was unusually elevated, with investors purchasing 13,224 call options—about 576% above typical daily call volume. This suggests increased bullish speculation, although options activity does not guarantee sustained buying in the shares.
• Neutral Sentiment: The company delivered an earnings-per-share result in line with consensus rather than exceeding it. The revenue beat and guidance increase were therefore more meaningful positives than the headline earnings figure. Mirion Technologies Matches Q3 Earnings Estimates
• Negative Sentiment: Mirion continues to trade at a high earnings multiple, while its reported net margin was only 2.39%. That valuation and relatively thin profitability could limit upside if growth or guidance momentum slows.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley cut their target price on shares of Mirion Technologies from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Monday, July 13th. Weiss Ratings raised Mirion Technologies from a "sell (d)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Jefferies Financial Group began coverage on Mirion Technologies in a research report on Thursday, September 3rd. They issued a "buy" rating and a $20.00 target price for the company. B. Riley Financial dropped their price target on Mirion Technologies from $29.00 to $27.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, Citigroup reduced their price target on Mirion Technologies from $28.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $25.12.

Mirion Technologies Stock Performance

Shares of NYSE:MIR traded up $1.00 during trading on Wednesday, hitting $16.41. The company's stock had a trading volume of 5,699,217 shares, compared to its average volume of 3,785,531. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.20 and a quick ratio of 2.63. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 164.22 and a beta of 1.10. The company has a 50-day moving average of $15.53 and a 200-day moving average of $18.48. Mirion Technologies has a 12 month low of $14.04 and a 12 month high of $30.28.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its earnings results on Tuesday, October 27th. The company reported $0.12 EPS for the quarter, meeting analysts' consensus estimates of $0.12. Mirion Technologies had a net margin of 2.39% and a return on equity of 6.59%. The business had revenue of $277.80 million during the quarter, compared to analysts' expectations of $275.35 million. During the same period in the prior year, the company earned $0.01 earnings per share. The firm's revenue was up 24.5% on a year-over-year basis. On average, sell-side analysts expect that Mirion Technologies will post 0.55 earnings per share for the current year.

About Mirion Technologies

Mirion Technologies, Inc develops, manufactures and supplies radiation detection, measurement and analysis technologies. Its products are designed to detect and measure ionizing radiation, monitor exposure and contamination, and support the safe management of radioactive materials and environments.

The company serves a range of end markets, including nuclear power, healthcare, defense and national security, scientific research, industrial operations and laboratories. Its offerings include radiation detectors, dosimetry systems, spectroscopy and monitoring equipment, radiation safety software, and related services.

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