Insider Selling: Mirion Technologies (NYSE:MIR) CAO Sells $164,976.00 in Stock

Mirion Technologies, Inc. (NYSE:MIR) CAO Christopher Moore sold 8,400 shares of Mirion Technologies stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $19.64, for a total transaction of $164,976.00. Following the completion of the transaction, the chief accounting officer owned 22,157 shares of the company’s stock, valued at $435,163.48. This trade represents a 27.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Mirion Technologies Stock Down 4.0%

Mirion Technologies stock traded down $0.78 during mid-day trading on Friday, reaching $18.97. 3,113,743 shares of the company’s stock were exchanged, compared to its average volume of 3,427,150. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63. Mirion Technologies, Inc. has a twelve month low of $16.06 and a twelve month high of $30.28. The company has a market cap of $4.75 billion, a P/E ratio of 189.68 and a beta of 1.07. The company has a fifty day moving average of $19.73 and a 200-day moving average of $23.05.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The business had revenue of $257.60 million for the quarter, compared to analyst estimates of $244.78 million. During the same quarter in the prior year, the company earned $0.10 earnings per share. The company’s revenue was up 27.5% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Sell-side analysts expect that Mirion Technologies, Inc. will post 0.51 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MIR shares. Weiss Ratings downgraded shares of Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday. Morgan Stanley lowered their target price on shares of Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 11th. JPMorgan Chase & Co. decreased their price target on Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. The Goldman Sachs Group dropped their price objective on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Finally, Melius Research raised Mirion Technologies to a “strong-buy” rating in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.13.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in shares of Mirion Technologies by 258.2% in the first quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock valued at $1,433,000 after acquiring an additional 71,241 shares during the period. AQR Capital Management LLC boosted its stake in Mirion Technologies by 124.3% during the 1st quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock worth $2,889,000 after purchasing an additional 110,399 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Mirion Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock worth $1,783,000 after purchasing an additional 5,366 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Mirion Technologies by 8.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company’s stock valued at $6,301,000 after purchasing an additional 34,973 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of Mirion Technologies during the second quarter worth about $288,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

Mirion Technologies Company Profile

Mirion Technologies Inc (NYSE: MIR) is a leading global provider of radiation detection, measurement and monitoring solutions. The company’s portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion’s product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.