Insider Selling: Mirion Technologies, Inc. (NYSE:MIR) CEO Sells 7,500 Shares of Stock

Mirion Technologies, Inc. (NYSE:MIR) CEO Thomas D. Logan sold 7,500 shares of the stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $10.89, for a total value of $81,675.00. Following the transaction, the chief executive officer now owns 1,544,017 shares of the company’s stock, valued at $16,814,345.13. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, May 28th, Thomas D. Logan sold 7,500 shares of Mirion Technologies stock. The shares were sold at an average price of $10.86, for a total transaction of $81,450.00.

Mirion Technologies Stock Down 0.9 %

Shares of MIR stock opened at $10.71 on Friday. Mirion Technologies, Inc. has a 1 year low of $6.70 and a 1 year high of $11.49. The stock’s 50 day simple moving average is $10.55 and its two-hundred day simple moving average is $10.32. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.57 and a current ratio of 2.19.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, April 30th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $192.60 million for the quarter. Mirion Technologies had a positive return on equity of 3.44% and a negative net margin of 9.87%.

Institutional Investors Weigh In On Mirion Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in MIR. Essex Investment Management Co. LLC boosted its stake in shares of Mirion Technologies by 0.6% during the 1st quarter. Essex Investment Management Co. LLC now owns 259,500 shares of the company’s stock worth $2,951,000 after purchasing an additional 1,427 shares during the period. Rhumbline Advisers boosted its position in shares of Mirion Technologies by 0.8% during the third quarter. Rhumbline Advisers now owns 318,674 shares of the company’s stock valued at $2,380,000 after buying an additional 2,591 shares during the period. ProShare Advisors LLC boosted its position in shares of Mirion Technologies by 8.5% during the first quarter. ProShare Advisors LLC now owns 36,017 shares of the company’s stock valued at $410,000 after buying an additional 2,833 shares during the period. New York State Common Retirement Fund raised its holdings in shares of Mirion Technologies by 4.3% in the fourth quarter. New York State Common Retirement Fund now owns 84,315 shares of the company’s stock worth $864,000 after buying an additional 3,468 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in shares of Mirion Technologies by 19.8% during the 1st 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 during the last quarter. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Analysts Set New Price Targets

Separately, Citigroup boosted their target price on shares of Mirion Technologies from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Monday, April 8th.

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.