Mirion Technologies, Inc. (NYSE:MIR) CEO Sells $105,825.00 in Stock

Mirion Technologies, Inc. (NYSE:MIR) CEO Thomas D. Logan sold 7,500 shares of Mirion Technologies stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $14.11, for a total value of $105,825.00. Following the transaction, the chief executive officer now owns 1,544,017 shares of the company’s stock, valued at $21,786,079.87. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Tuesday, September 24th, Thomas D. Logan sold 7,500 shares of Mirion Technologies stock. The stock was sold at an average price of $10.47, for a total value of $78,525.00.
• On Friday, August 23rd, Thomas D. Logan sold 7,500 shares of Mirion Technologies stock. The shares were sold at an average price of $11.00, for a total value of $82,500.00.

Mirion Technologies Trading Up 5.2 %

Shares of Mirion Technologies stock opened at $14.80 on Thursday. The firm has a 50-day simple moving average of $11.59 and a two-hundred day simple moving average of $10.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.55 and a current ratio of 2.18. Mirion Technologies, Inc. has a fifty-two week low of $6.70 and a fifty-two week high of $14.98. The company has a market cap of $3.44 billion, a P/E ratio of -43.53 and a beta of 0.79.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. Mirion Technologies had a positive return on equity of 3.81% and a negative net margin of 7.80%. The company had revenue of $207.10 million during the quarter, compared to analysts’ expectations of $210.77 million. During the same quarter in the prior year, the firm posted $0.08 EPS. Mirion Technologies’s quarterly revenue was up 5.0% compared to the same quarter last year. As a group, equities analysts predict that Mirion Technologies, Inc. will post 0.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Rice Hall James & Associates LLC increased its holdings in Mirion Technologies by 59.4% in the 3rd quarter. Rice Hall James & Associates LLC now owns 352,737 shares of the company’s stock worth $3,905,000 after acquiring an additional 131,453 shares in the last quarter. Roubaix Capital LLC acquired a new stake in shares of Mirion Technologies in the third quarter valued at about $4,263,000. Integrated Advisors Network LLC purchased a new stake in shares of Mirion Technologies during the third quarter worth about $120,000. Essex Investment Management Co. LLC raised its position in shares of Mirion Technologies by 0.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 351,478 shares of the company’s stock worth $3,891,000 after purchasing an additional 980 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in Mirion Technologies by 90.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 22,698 shares of the company’s stock valued at $251,000 after buying an additional 10,781 shares in the last quarter. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, B. Riley initiated coverage on shares of Mirion Technologies in a research note on Thursday, September 26th. They set a “buy” rating and a $14.00 price objective 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.