Congress Asset Management Co. reduced its stake in shares of Mirion Technologies, Inc. (NYSE:MIR – Free Report) by 9.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,034,528 shares of the company’s stock after selling 650,906 shares during the period. Congress Asset Management Co.’s holdings in Mirion Technologies were worth $85,208,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Versant Capital Management Inc lifted its holdings in shares of Mirion Technologies by 42.8% in the third quarter. Versant Capital Management Inc now owns 2,505 shares of the company’s stock worth $35,000 after buying an additional 751 shares in the last quarter. Altshuler Shaham Ltd grew its stake in Mirion Technologies by 12.3% during the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company’s stock valued at $244,000 after acquiring an additional 1,443 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Mirion Technologies by 3.5% during the fourth quarter. Daiwa Securities Group Inc. now owns 47,000 shares of the company’s stock valued at $1,100,000 after acquiring an additional 1,600 shares in the last quarter. Swiss National Bank increased its holdings in Mirion Technologies by 0.4% in the 1st quarter. Swiss National Bank now owns 465,900 shares of the company’s stock valued at $8,661,000 after acquiring an additional 1,700 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Mirion Technologies by 0.4% in the 1st quarter. Sei Investments Co. now owns 458,359 shares of the company’s stock worth $8,521,000 after purchasing an additional 1,847 shares in the last quarter. Institutional investors own 78.51% of the company’s stock.
Mirion Technologies Price Performance
Mirion Technologies stock traded up $1.34 during mid-day trading on Tuesday, reaching $16.26. 5,580,693 shares of the company’s stock traded hands, compared to its average volume of 3,745,033. Mirion Technologies, Inc. has a 12-month low of $14.04 and a 12-month high of $30.28. The company has a quick ratio of 2.63, a current ratio of 3.20 and a debt-to-equity ratio of 0.64. The stock has a 50 day moving average of $15.50 and a two-hundred day moving average of $17.21. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 162.64 and a beta of 1.10.
Analyst Ratings Changes
Several research analysts have commented on the stock. The Goldman Sachs Group reissued a “buy” rating and set a $23.00 price objective on shares of Mirion Technologies in a report on Wednesday, July 29th. Jefferies Financial Group started coverage on Mirion Technologies in a report on Thursday, September 3rd. They issued a “buy” rating and a $20.00 target price on the stock. B. Riley Financial decreased their target price on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings raised Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Finally, Citigroup cut their price target on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $25.12.
View Our Latest Stock Analysis on Mirion Technologies
About Mirion Technologies
Mirion Technologies, Inc provides radiation detection, measurement, and analysis solutions for customers operating in highly regulated and safety-sensitive environments. The company develops hardware, software, and services used to monitor radiation, protect personnel, manage nuclear materials, and support compliance with industry and government standards.
Its offerings include radiation detectors and spectrometers, personal dosimetry and health-physics systems, nuclear instrumentation and control equipment, contamination monitoring systems, and related data-management software.
Featured Articles
- Five stocks we like better than Mirion Technologies
- Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI
- Lamb Weston’s Turnaround Is Starting to Look Real
- These 3 Stocks Got the Most Love From Analysts in September
- Record French Debt Could Create Opportunities for U.S. Market Operators
Want to see what other hedge funds are holding MIR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mirion Technologies, Inc. (NYSE:MIR – Free Report).
Receive News & Ratings for Mirion Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mirion Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
