Mirion Technologies, Inc. (NYSE:MIR) CEO Thomas D. Logan Sells 7,500 Shares

Mirion Technologies, Inc. (NYSE:MIR) CEO Thomas D. Logan sold 7,500 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $14.11, for a total transaction of $105,825.00. Following the sale, the chief executive officer now directly 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 filing with the Securities & Exchange Commission, which is available at the SEC website.

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 transaction 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 transaction of $82,500.00.

Mirion Technologies Stock Up 5.2 %

NYSE MIR opened at $14.80 on Thursday. The business’s fifty day simple moving average is $11.59 and its 200-day simple moving average is $10.94. 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 firm has a market cap of $3.44 billion, a PE ratio of -43.53 and a beta of 0.79. Mirion Technologies, Inc. has a 52 week low of $6.70 and a 52 week high of $14.98.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Thursday, August 1st. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.03. The company had revenue of $207.10 million for the quarter, compared to analyst estimates of $210.77 million. Mirion Technologies had a negative net margin of 7.80% and a positive return on equity of 3.81%. Mirion Technologies’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.08 EPS. As a group, equities analysts anticipate that Mirion Technologies, Inc. will post 0.31 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Innealta Capital LLC purchased a new stake in Mirion Technologies in the second quarter valued at $39,000. Central Pacific Bank Trust Division acquired a new stake in shares of Mirion Technologies during the 1st quarter worth about $85,000. Integrated Advisors Network LLC purchased a new stake in Mirion Technologies in the 3rd quarter valued at about $120,000. Algert Global LLC acquired a new position in Mirion Technologies in the second quarter valued at about $189,000. Finally, Bayesian Capital Management LP purchased a new position in Mirion Technologies during the first quarter worth about $226,000. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, B. Riley began coverage on Mirion Technologies in a research report on Thursday, September 26th. They issued a “buy” rating and a $14.00 price target for the company.

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.