Artemis Investment Management LLP Purchases Shares of 2,186,553 Mirion Technologies, Inc. (NYSE:MIR)

Artemis Investment Management LLP acquired a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,186,553 shares of the company's stock, valued at approximately $38,155,000. Artemis Investment Management LLP owned approximately 0.94% of Mirion Technologies as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MIR. Quest Partners LLC boosted 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 acquiring an additional 5,866 shares during the last quarter. SkyView Investment Advisors LLC bought a new stake in Mirion Technologies during the third quarter worth approximately $111,000. Integrated Advisors Network LLC purchased a new stake in Mirion Technologies during the third quarter valued at approximately $120,000. Paloma Partners Management Co purchased a new stake in Mirion Technologies during the third quarter valued at approximately $122,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Mirion Technologies in the third quarter worth $147,000. 78.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MIR has been the topic of several recent analyst reports. Robert W. Baird started coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They issued an "outperform" rating and a $22.00 target price on the stock. Baird R W raised shares of Mirion Technologies to a "strong-buy" rating in a research report on Thursday, December 19th. B. Riley started coverage on Mirion Technologies in a research report on Thursday, September 26th. They set a "buy" rating and a $14.00 target price for the company. Citigroup increased their price target on Mirion Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a report on Wednesday, December 4th. Finally, The Goldman Sachs Group boosted their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $19.25.

Insider Transactions at Mirion Technologies

In other news, CEO Thomas D. Logan sold 7,500 shares of the business's stock in a transaction dated 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 owns 1,544,017 shares in the company, valued at approximately $21,786,079.87. The trade was a 0.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Emmanuelle Lee sold 3,405 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $14.27, for a total transaction of $48,589.35. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company's stock.

Mirion Technologies Stock Up 1.7 %

Shares of MIR stock traded up $0.27 on Monday, hitting $16.53. The stock had a trading volume of 1,229,014 shares, compared to its average volume of 1,466,836. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $18.81. The business has a 50 day moving average price of $16.90 and a 200 day moving average price of $13.42. The company has a market cap of $3.84 billion, a PE ratio of -48.63 and a beta of 0.75. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43.

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

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.