Mirion Technologies, Inc. (NYSE:MIR) Shares Bought by Barclays PLC

Barclays PLC raised its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 325.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 307,680 shares of the company's stock after acquiring an additional 235,288 shares during the quarter. Barclays PLC owned approximately 0.13% of Mirion Technologies worth $3,405,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its holdings in shares of Mirion Technologies by 61.9% in the 2nd quarter. American Century Companies Inc. now owns 3,942,571 shares of the company's stock valued at $42,343,000 after buying an additional 1,507,101 shares in the last quarter. Corsair Capital Management L.P. lifted its position in Mirion Technologies by 83.9% in the third quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company's stock valued at $34,991,000 after acquiring an additional 1,441,846 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Mirion Technologies by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 6,111,933 shares of the company's stock valued at $65,642,000 after acquiring an additional 1,031,966 shares in the last quarter. Nicholas Investment Partners LP purchased a new position in shares of Mirion Technologies during the second quarter worth about $5,223,000. Finally, Millennium Management LLC increased its position in shares of Mirion Technologies by 509.8% during the second quarter. Millennium Management LLC now owns 533,534 shares of the company's stock worth $5,730,000 after purchasing an additional 446,034 shares in the last quarter. Institutional investors and hedge funds own 78.51% of the company's stock.

Insider Activity

In related news, CEO Thomas D. Logan sold 7,500 shares of Mirion Technologies 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Emmanuelle Lee sold 3,405 shares of the business's stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $14.27, for a total value 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 Price Performance

Shares of MIR traded up $0.31 during trading hours on Tuesday, reaching $17.91. 635,723 shares of the company traded hands, compared to its average volume of 1,443,492. The stock has a fifty day simple moving average of $15.99 and a 200 day simple moving average of $12.56. Mirion Technologies, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $18.81. The stock has a market capitalization of $4.16 billion, a PE ratio of -52.68 and a beta of 0.76. 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 announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. The company had revenue of $206.80 million for the quarter, compared to analysts' expectations of $203.67 million. During the same quarter in the previous year, the company earned $0.03 earnings per share. The company's revenue was up 8.2% on a year-over-year basis. As a group, research analysts predict that Mirion Technologies, Inc. will post 0.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MIR. Citigroup increased their price objective on Mirion Technologies from $18.00 to $20.00 and gave the company a "buy" rating in a report on Wednesday, December 4th. Robert W. Baird started coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They set an "outperform" rating and a $22.00 price target for the company. Baird R W upgraded shares of Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. The Goldman Sachs Group upped their target price 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, B. Riley started coverage on Mirion Technologies in a report on Thursday, September 26th. They set a "buy" rating and a $14.00 price target on the stock. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $19.25.

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.