Central Pacific Bank Trust Division Trims Stake in Mirion Technologies, Inc. (NYSE:MIR)

Central Pacific Bank Trust Division cut its stake in Mirion Technologies, Inc. (NYSE:MIR) by 34.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,000 shares of the company’s stock after selling 2,600 shares during the period. Central Pacific Bank Trust Division’s holdings in Mirion Technologies were worth $87,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Quest Partners LLC boosted its stake in Mirion Technologies by 680.5% during the third quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock worth $74,000 after acquiring an additional 5,866 shares in the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of Mirion Technologies in the 3rd quarter worth approximately $111,000. Integrated Advisors Network LLC bought a new position in Mirion Technologies during the 3rd quarter valued at approximately $120,000. Paloma Partners Management Co purchased a new position in Mirion Technologies during the third quarter valued at $122,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Mirion Technologies in the third quarter worth $147,000. 78.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the stock. Robert W. Baird assumed coverage on shares of Mirion Technologies in a research report on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective on the stock. Citigroup raised their price target on shares of Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Baird R W raised Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. B. Riley assumed coverage on Mirion Technologies in a report on Thursday, September 26th. They issued a “buy” rating and a $14.00 target price for the company. Finally, The Goldman Sachs Group upped their price target on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $19.25.

Insider Activity at Mirion Technologies

In other news, insider Emmanuelle Lee sold 3,405 shares of Mirion Technologies stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $14.27, for a total transaction of $48,589.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Thomas D. Logan sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $14.11, for a total value of $105,825.00. Following the transaction, the chief executive officer now owns 1,544,017 shares of the company’s stock, valued at approximately $21,786,079.87. This trade represents a 0.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.

Mirion Technologies Price Performance

Shares of MIR opened at $17.23 on Monday. The firm has a fifty day simple moving average of $16.58 and a two-hundred day simple moving average of $13.00. The firm has a market cap of $4.00 billion, a PE ratio of -50.68 and a beta of 0.76. 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 1-year low of $9.11 and a 1-year high of $18.81.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $206.80 million for the quarter, compared to analysts’ expectations of $203.67 million. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.03 EPS. On average, equities analysts anticipate that Mirion Technologies, Inc. will post 0.33 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.