UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Holdings in Mirion Technologies, Inc. (NYSE:MIR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 11.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 292,837 shares of the company's stock after selling 36,378 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.13% of Mirion Technologies worth $3,242,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in Mirion Technologies by 20.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,111,933 shares of the company's stock valued at $65,642,000 after buying an additional 1,031,966 shares in the last quarter. American Century Companies Inc. boosted its stake in Mirion Technologies by 61.9% in the 2nd quarter. American Century Companies Inc. now owns 3,942,571 shares of the company's stock worth $42,343,000 after purchasing an additional 1,507,101 shares in the last quarter. Corsair Capital Management L.P. boosted its stake in Mirion Technologies by 83.9% in the 3rd quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company's stock worth $34,991,000 after purchasing an additional 1,441,846 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Mirion Technologies by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,559,576 shares of the company's stock valued at $17,265,000 after purchasing an additional 38,474 shares during the last quarter. Finally, Schwartz Investment Counsel Inc. increased its stake in Mirion Technologies by 1.3% during the 2nd quarter. Schwartz Investment Counsel Inc. now owns 1,519,300 shares of the company's stock valued at $16,317,000 after purchasing an additional 20,000 shares in the last quarter. 78.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MIR has been the topic of several analyst reports. Citigroup upped their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. 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 objective on the stock. Finally, The Goldman Sachs Group lifted their target price on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a report on Thursday.

Insider Buying and Selling

In related news, insider Emmanuelle Lee sold 5,000 shares of the company's stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $10.60, for a total transaction of $53,000.00. Following the sale, the insider now owns 138,193 shares of the company's stock, valued at $1,464,845.80. This represents a 3.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas D. Logan sold 7,500 shares of the stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $10.47, for a total transaction of $78,525.00. Following the transaction, the chief executive officer now owns 1,544,017 shares of the company's stock, valued at $16,165,857.99. This trade represents a 0.48 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,405 shares of company stock worth $285,939. 2.20% of the stock is owned by insiders.

Mirion Technologies Price Performance

Shares of MIR stock traded up $0.28 on Friday, hitting $18.03. 1,617,212 shares of the stock traded hands, compared to its average volume of 1,422,544. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $18.67. The firm has a 50 day simple moving average of $15.38 and a two-hundred day simple moving average of $12.23. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of -53.03 and a beta of 0.76.

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 for the quarter, missing analysts' consensus estimates 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 business had revenue of $206.80 million during the quarter, compared to the consensus estimate of $203.67 million. During the same period last year, the company earned $0.03 EPS. The business's revenue was up 8.2% on a year-over-year basis. As a group, equities research analysts predict that Mirion Technologies, Inc. will post 0.33 earnings per share for the current fiscal 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.