Mirion Technologies, Inc. (NYSE:MIR) CEO Sells $78,525.00 in Stock

Mirion Technologies, Inc. (NYSE:MIR) CEO Thomas D. Logan sold 7,500 shares of Mirion Technologies stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $10.47, for a total value of $78,525.00. Following the completion of the sale, the chief executive officer now directly owns 1,544,017 shares of the company’s stock, valued at approximately $16,165,857.99. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Thomas D. Logan also recently made the following trade(s):

• On Friday, August 23rd, Thomas D. Logan sold 7,500 shares of Mirion Technologies stock. The stock was sold at an average price of $11.00, for a total value of $82,500.00.
• On Wednesday, July 24th, Thomas D. Logan sold 7,500 shares of Mirion Technologies stock. The shares were sold at an average price of $10.87, for a total transaction of $81,525.00.

Mirion Technologies Trading Up 0.3 %

MIR stock opened at $11.05 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.18 and a debt-to-equity ratio of 0.44. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -26.95 and a beta of 0.79. The business has a fifty day simple moving average of $10.41 and a 200-day simple moving average of $10.60. Mirion Technologies, Inc. has a 52 week low of $6.70 and a 52 week high of $11.78.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. The company had revenue of $207.10 million during the quarter, compared to analyst estimates of $210.77 million. Mirion Technologies had a positive return on equity of 3.81% and a negative net margin of 7.80%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 earnings per share.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Swedbank AB purchased a new stake in Mirion Technologies during the first quarter worth approximately $122,546,000. American Century Companies Inc. increased its holdings in Mirion Technologies by 61.9% in the 2nd quarter. American Century Companies Inc. now owns 3,942,571 shares of the company’s stock valued at $42,343,000 after purchasing an additional 1,507,101 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Mirion Technologies by 40.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,738,900 shares of the company’s stock valued at $38,325,000 after purchasing an additional 1,071,810 shares during the period. Nomura Holdings Inc. lifted its stake in shares of Mirion Technologies by 11.2% during the fourth quarter. Nomura Holdings Inc. now owns 4,916,574 shares of the company’s stock worth $50,395,000 after purchasing an additional 493,939 shares in the last quarter. Finally, Nicholas Investment Partners LP acquired a new position in shares of Mirion Technologies during the second quarter worth about $5,223,000. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, B. Riley started coverage on shares of Mirion Technologies in a research report on Thursday. They issued a “buy” rating and a $14.00 target price on the stock.

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.