M&T Bank Corp Purchases 5,602 Shares of Mirion Technologies, Inc. (NYSE:MIR)

M&T Bank Corp raised its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 246,308 shares of the company’s stock after purchasing an additional 5,602 shares during the quarter. M&T Bank Corp’s holdings in Mirion Technologies were worth $2,525,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Campbell & CO Investment Adviser LLC purchased a new position in shares of Mirion Technologies in the third quarter worth approximately $121,000. Amalgamated Bank grew its position in shares of Mirion Technologies by 15.9% during the 3rd quarter. Amalgamated Bank now owns 19,587 shares of the company’s stock valued at $146,000 after acquiring an additional 2,690 shares during the period. Jump Financial LLC raised its holdings in Mirion Technologies by 7.9% in the 3rd quarter. Jump Financial LLC now owns 19,722 shares of the company’s stock worth $147,000 after purchasing an additional 1,450 shares during the period. Versor Investments LP purchased a new position in Mirion Technologies during the third quarter valued at $185,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Mirion Technologies by 47.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,605 shares of the company’s stock valued at $281,000 after purchasing an additional 12,163 shares during the period. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Insider Buying and Selling

In other Mirion Technologies news, CFO Brian Schopfer sold 90,910 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $11.00, for a total transaction of $1,000,010.00. Following the completion of the sale, the chief financial officer now directly owns 211,167 shares of the company’s stock, valued at approximately $2,322,837. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

MIR has been the topic of several recent research reports. Citigroup raised their price objective on Mirion Technologies from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. TheStreet raised shares of Mirion Technologies from a “d” rating to a “b-” rating in a report on Wednesday, February 14th.

Mirion Technologies Price Performance

MIR opened at $10.11 on Thursday. Mirion Technologies, Inc. has a fifty-two week low of $6.70 and a fifty-two week high of $11.49. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.57 and a current ratio of 2.19. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of -24.65 and a beta of 0.81. The firm’s fifty day moving average is $10.64 and its 200 day moving average is $9.76.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.12 EPS for the quarter. Mirion Technologies had a positive return on equity of 3.44% and a negative net margin of 9.87%. The business had revenue of $230.40 million for the quarter.

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.