Mirion Technologies (NYSE:MIR) CAO Christopher Moore Sells 8,400 Shares of Stock

Mirion Technologies, Inc. (NYSE:MIR) CAO Christopher Moore sold 8,400 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer owned 22,157 shares in the company, valued at approximately $435,163.48. This represents a 27.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Mirion Technologies Stock Down 4.0%

Mirion Technologies stock opened at $18.97 on Friday. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63. The firm has a market cap of $4.75 billion, a P/E ratio of 189.68 and a beta of 1.07. The business has a fifty day moving average of $19.73 and a two-hundred day moving average of $23.05. Mirion Technologies, Inc. has a twelve month low of $16.06 and a twelve month high of $30.28.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $257.60 million for the quarter, compared to the consensus estimate of $244.78 million. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The business’s revenue was up 27.5% compared to the same quarter last year. During the same period last year, the business posted $0.10 EPS. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, analysts forecast that Mirion Technologies, Inc. will post 0.51 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Mirion Technologies

Several hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its stake in Mirion Technologies by 17.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 21,485 shares of the company’s stock worth $399,000 after purchasing an additional 3,221 shares in the last quarter. Madison Asset Management LLC increased its stake in Mirion Technologies by 119.5% during the 1st quarter. Madison Asset Management LLC now owns 124,323 shares of the company’s stock valued at $2,311,000 after purchasing an additional 67,679 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Mirion Technologies by 14.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,694,288 shares of the company’s stock valued at $87,240,000 after purchasing an additional 591,730 shares in the last quarter. KBC Group NV raised its holdings in shares of Mirion Technologies by 1,907.1% in the first quarter. KBC Group NV now owns 153,925 shares of the company’s stock worth $2,861,000 after buying an additional 146,256 shares during the last quarter. Finally, Swiss National Bank raised its holdings in shares of Mirion Technologies by 0.4% in the first quarter. Swiss National Bank now owns 465,900 shares of the company’s stock worth $8,661,000 after buying an additional 1,700 shares during the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on MIR. Citigroup decreased their price target on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Morgan Stanley cut their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 11th. The Goldman Sachs Group reduced their price objective on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. JPMorgan Chase & Co. decreased their target price on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, March 26th. Finally, Melius Research upgraded shares of Mirion Technologies to a “strong-buy” rating in a research note 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 assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.