Insider Selling: Mirion Technologies, Inc. (NYSE:MIR) Insider Sells 5,000 Shares of Stock

Mirion Technologies, Inc. (NYSE:MIR) insider Emmanuelle Lee sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $10.60, for a total transaction of $53,000.00. Following the transaction, the insider now owns 138,193 shares in the company, valued at approximately $1,464,845.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Emmanuelle Lee also recently made the following trade(s):

• On Wednesday, July 24th, Emmanuelle Lee sold 5,000 shares of Mirion Technologies stock. The shares were sold at an average price of $10.80, for a total transaction of $54,000.00.

Mirion Technologies Price Performance

Shares of NYSE:MIR opened at $11.05 on Friday. Mirion Technologies, Inc. has a twelve month low of $6.70 and a twelve month high of $11.78. The company’s 50 day moving average is $10.40 and its 200 day moving average is $10.59. The company has a current ratio of 2.18, a quick ratio of 1.55 and a debt-to-equity ratio of 0.44. The company has a market cap of $2.57 billion, a PE ratio of -26.95 and a beta of 0.79.

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Mirion Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Innealta Capital LLC acquired a new stake in shares of Mirion Technologies during the 2nd quarter worth approximately $39,000. Central Pacific Bank Trust Division acquired a new stake in shares of Mirion Technologies during the 1st quarter worth approximately $85,000. Algert Global LLC acquired a new stake in shares of Mirion Technologies during the 2nd quarter worth approximately $189,000. Bayesian Capital Management LP acquired a new stake in shares of Mirion Technologies during the 1st quarter worth approximately $226,000. Finally, Lazard Asset Management LLC grew its stake in shares of Mirion Technologies by 19.8% during the 1st quarter. Lazard Asset Management LLC now owns 22,751 shares of the company’s stock worth $258,000 after purchasing an additional 3,753 shares during the period. Institutional investors and hedge funds own 78.51% of the company’s stock.

About Mirion Technologies

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.