Bryce Point Capital LLC Buys New Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Bryce Point Capital LLC purchased a new position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 95,998 shares of the company's stock, valued at approximately $1,675,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MIR. Swiss National Bank raised its holdings in shares of Mirion Technologies by 0.5% in the fourth quarter. Swiss National Bank now owns 376,800 shares of the company's stock valued at $6,575,000 after purchasing an additional 2,000 shares during the last quarter. Xponance Inc. increased its stake in shares of Mirion Technologies by 15.9% during the 4th quarter. Xponance Inc. now owns 14,942 shares of the company's stock worth $261,000 after purchasing an additional 2,048 shares during the last quarter. KBC Group NV raised its holdings in shares of Mirion Technologies by 39.2% in the 4th quarter. KBC Group NV now owns 8,002 shares of the company's stock worth $140,000 after purchasing an additional 2,254 shares during the period. Pictet Asset Management Holding SA lifted its stake in Mirion Technologies by 14.2% in the fourth quarter. Pictet Asset Management Holding SA now owns 28,114 shares of the company's stock valued at $491,000 after purchasing an additional 3,496 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its holdings in Mirion Technologies by 10.5% during the fourth quarter. Handelsbanken Fonder AB now owns 61,031 shares of the company's stock valued at $1,065,000 after purchasing an additional 5,800 shares during the period. 78.51% of the stock is owned by hedge funds and other institutional investors.

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Mirion Technologies Price Performance

Shares of MIR stock traded up $0.20 during trading hours on Monday, reaching $12.90. The stock had a trading volume of 695,470 shares, compared to its average volume of 1,983,214. The stock's fifty day simple moving average is $15.23 and its 200 day simple moving average is $15.34. The firm has a market capitalization of $3.00 billion, a PE ratio of -68.02 and a beta of 0.75. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. On average, equities research analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MIR shares. Baird R W raised Mirion Technologies to a "strong-buy" rating in a research report on Thursday, December 19th. The Goldman Sachs Group upped their price objective on shares of Mirion Technologies from $16.00 to $21.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Finally, Robert W. Baird reduced their target price on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $18.75.

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.