Mirion Technologies, Inc. (NYSE:MIR) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 20.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,111,933 shares of the company’s stock after purchasing an additional 1,031,966 shares during the period. Dimensional Fund Advisors LP owned approximately 2.69% of Mirion Technologies worth $65,642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MIR. Innealta Capital LLC bought a new stake in shares of Mirion Technologies in the second quarter worth $39,000. Central Pacific Bank Trust Division acquired a new stake in Mirion Technologies in the first quarter worth about $85,000. Bayesian Capital Management LP bought a new stake in Mirion Technologies in the first quarter worth about $226,000. Lazard Asset Management LLC raised its position in Mirion Technologies by 19.8% in the first quarter. Lazard Asset Management LLC now owns 22,751 shares of the company’s stock worth $258,000 after acquiring an additional 3,753 shares in the last quarter. Finally, Trexquant Investment LP bought a new stake in Mirion Technologies in the fourth quarter worth about $361,000. Institutional investors own 78.51% of the company’s stock.

Insider Activity at Mirion Technologies

In related news, insider Emmanuelle Lee sold 5,000 shares of the stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $10.80, for a total value of $54,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Thomas D. Logan sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The stock was sold at an average price of $10.87, for a total value of $81,525.00. Following the sale, the chief executive officer now directly owns 1,544,017 shares in the company, valued at approximately $16,783,464.79. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Emmanuelle Lee sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $10.80, for a total value of $54,000.00. The disclosure for this sale can be found here. Insiders sold a total of 54,639 shares of company stock worth $568,947 in the last 90 days. 2.20% of the stock is owned by company insiders.

Mirion Technologies Price Performance

Shares of MIR opened at $11.05 on Friday. The business’s 50-day moving average is $10.40 and its 200-day moving average is $10.59. Mirion Technologies, Inc. has a fifty-two week low of $6.70 and a fifty-two week high of $11.78. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of -26.95 and a beta of 0.79. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.18 and a quick ratio of 1.55.

Mirion Technologies (NYSE:MIR) last posted its 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. The firm 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 company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.08 EPS.

Wall Street Analyst Weigh In

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

Mirion Technologies 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.