UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stake in Mirion Technologies, Inc. (NYSE:MIR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 11.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 292,837 shares of the company’s stock after selling 36,378 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.13% of Mirion Technologies worth $3,242,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MIR. Innealta Capital LLC bought a new stake in Mirion Technologies during the second quarter valued at approximately $39,000. Quest Partners LLC raised its position in shares of Mirion Technologies by 680.5% during the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock valued at $74,000 after buying an additional 5,866 shares in the last quarter. Integrated Advisors Network LLC bought a new stake in shares of Mirion Technologies during the 3rd quarter worth $120,000. Landscape Capital Management L.L.C. bought a new stake in shares of Mirion Technologies during the 3rd quarter worth $147,000. Finally, Algert Global LLC purchased a new position in Mirion Technologies in the second quarter worth $189,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Analyst Ratings Changes

MIR has been the subject of several research analyst reports. The Goldman Sachs Group lifted their price target on Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday. B. Riley started coverage on Mirion Technologies in a research report on Thursday, September 26th. They issued a “buy” rating and a $14.00 target price for the company. Finally, Citigroup increased their price target on shares of Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th.

Insider Buying and Selling at Mirion Technologies

In other news, CEO Thomas D. Logan sold 7,500 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $14.11, for a total transaction of $105,825.00. Following the sale, the chief executive officer now owns 1,544,017 shares in the company, valued at approximately $21,786,079.87. The trade was a 0.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Emmanuelle Lee sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $10.60, for a total transaction of $53,000.00. Following the completion of the sale, the insider now directly owns 138,193 shares in the company, valued at $1,464,845.80. This represents a 3.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,405 shares of company stock valued at $285,939 in the last quarter. Company insiders own 2.20% of the company’s stock.

Mirion Technologies Trading Up 1.7 %

Shares of MIR stock opened at $18.05 on Friday. The business has a 50-day moving average of $15.24 and a 200 day moving average of $12.17. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $18.67. The stock has a market capitalization of $4.19 billion, a PE ratio of -53.07 and a beta of 0.76.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. The company had revenue of $206.80 million for the quarter, compared to analysts’ expectations of $203.67 million. During the same period last year, the company posted $0.03 EPS. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.33 earnings per share for the current year.

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.