Emerald Advisers LLC Takes $10.61 Million Position in Mirion Technologies, Inc. (NYSE:MIR)

Emerald Advisers LLC bought a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 607,991 shares of the company's stock, valued at approximately $10,609,000. Emerald Advisers LLC owned approximately 0.26% of Mirion Technologies at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Mirion Technologies by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 23,909,802 shares of the company's stock valued at $417,226,000 after buying an additional 227,178 shares in the last quarter. LPL Financial LLC acquired a new position in Mirion Technologies during the fourth quarter worth $211,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Mirion Technologies in the 4th quarter valued at $654,000. Sei Investments Co. bought a new stake in shares of Mirion Technologies in the 4th quarter worth about $3,279,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Mirion Technologies during the 4th quarter worth about $120,000. 78.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the company. The Goldman Sachs Group increased their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Citigroup raised their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. Baird R W raised shares of Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Finally, Robert W. Baird began coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They issued an "outperform" rating and a $22.00 price objective on the stock. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $19.25.

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Mirion Technologies Trading Down 0.6 %

Shares of MIR stock traded down $0.09 on Thursday, reaching $14.96. The company had a trading volume of 1,555,595 shares, compared to its average volume of 1,600,926. The stock has a market cap of $3.48 billion, a PE ratio of -78.76 and a beta of 0.74. The company has a 50-day moving average of $15.62 and a 200-day moving average of $15.08. 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, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81.

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

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.