385,130 Shares in Mirion Technologies, Inc. (NYSE:MIR) Acquired by Roubaix Capital LLC

Roubaix Capital LLC acquired a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 385,130 shares of the company's stock, valued at approximately $4,263,000. Mirion Technologies comprises 2.3% of Roubaix Capital LLC's portfolio, making the stock its 18th biggest holding. Roubaix Capital LLC owned 0.17% of Mirion Technologies at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Mirion Technologies by 0.8% in the first quarter. Vanguard Group Inc. now owns 21,308,031 shares of the company's stock worth $242,272,000 after buying an additional 159,404 shares in the last quarter. Swedbank AB purchased a new stake in Mirion Technologies in the first quarter worth about $122,546,000. Dimensional Fund Advisors LP increased its position 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 worth $65,642,000 after buying an additional 1,031,966 shares in the last quarter. American Century Companies Inc. increased its position in Mirion Technologies by 61.9% in the second quarter. American Century Companies Inc. now owns 3,942,571 shares of the company's stock worth $42,343,000 after buying an additional 1,507,101 shares in the last quarter. Finally, Schwartz Investment Counsel Inc. increased its position in Mirion Technologies by 1.3% in the second quarter. Schwartz Investment Counsel Inc. now owns 1,519,300 shares of the company's stock worth $16,317,000 after buying an additional 20,000 shares in the last quarter. Hedge funds and other institutional investors own 78.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. B. Riley assumed coverage on Mirion Technologies in a research report on Thursday, September 26th. They issued a "buy" rating and a $14.00 price target for the company. Citigroup increased their target price on Mirion Technologies from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, The Goldman Sachs Group increased their target price on Mirion Technologies from $13.00 to $16.00 and gave the stock a "buy" rating in a research report on Thursday.

Insider Activity at Mirion Technologies

In related news, insider Loic Eloy sold 22,139 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $9.91, for a total transaction of $219,397.49. Following the completion of the transaction, the insider now directly owns 177,663 shares of the company's stock, valued at approximately $1,760,640.33. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Thomas D. Logan sold 7,500 shares of the firm's stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $14.11, for a total value of $105,825.00. Following the completion of the sale, the chief executive officer now directly owns 1,544,017 shares of the company's stock, valued at $21,786,079.87. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Loic Eloy sold 22,139 shares of the firm's stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $9.91, for a total value of $219,397.49. Following the completion of the sale, the insider now directly owns 177,663 shares of the company's stock, valued at $1,760,640.33. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 49,639 shares of company stock valued at $539,247. Insiders own 2.20% of the company's stock.

Mirion Technologies Price Performance

Shares of NYSE:MIR traded up $0.05 during trading on Thursday, hitting $14.80. 4,177,039 shares of the company's stock were exchanged, compared to its average volume of 1,295,640. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.18 and a quick ratio of 1.55. Mirion Technologies, Inc. has a 52-week low of $6.70 and a 52-week high of $15.17. The business's 50-day simple moving average is $11.67 and its 200 day simple moving average is $10.96. The company has a market cap of $3.44 billion, a price-to-earnings ratio of -43.53 and a beta of 0.79.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. Mirion Technologies had a positive return on equity of 3.81% and a negative net margin of 7.80%. The firm had revenue of $207.10 million during the quarter, compared to analysts' expectations of $210.77 million. During the same quarter last year, the business posted $0.08 earnings per share. The firm's revenue was up 5.0% on a year-over-year basis. As a group, equities analysts predict that Mirion Technologies, Inc. will post 0.31 EPS for the current 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.