Gilder Gagnon Howe & Co. LLC Acquires Shares of 22,234 Mirion Technologies, Inc. (NYSE:MIR)

Gilder Gagnon Howe & Co. LLC acquired a new stake in Mirion Technologies, Inc. (NYSE:MIR) during the fourth quarter, HoldingsChannel reports. The fund acquired 22,234 shares of the company’s stock, valued at approximately $388,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in Mirion Technologies by 1,532.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company’s stock valued at $8,810,000 after acquiring an additional 488,790 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Mirion Technologies by 291.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 88,830 shares of the company’s stock worth $1,550,000 after purchasing an additional 66,132 shares in the last quarter. Artemis Investment Management LLP bought a new position in shares of Mirion Technologies during the fourth quarter worth $38,155,000. Barclays PLC boosted its position in shares of Mirion Technologies by 325.0% during the third quarter. Barclays PLC now owns 307,680 shares of the company’s stock worth $3,405,000 after purchasing an additional 235,288 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Mirion Technologies during the fourth quarter worth $394,000. 78.51% of the stock is owned by institutional investors.

Mirion Technologies Trading Up 2.7 %

MIR opened at $15.33 on Monday. The stock has a market capitalization of $3.56 billion, a P/E ratio of -80.68 and a beta of 0.75. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The firm’s fifty day simple moving average is $14.53 and its 200 day simple moving average is $15.62. 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 (NYSE:MIR) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. As a group, research analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on MIR shares. Citigroup reduced their price target on shares of Mirion Technologies from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Robert W. Baird reduced their price target on shares of Mirion Technologies from $22.00 to $20.00 and set an “outperform” rating on the stock in a research report on Friday, April 4th. Finally, B. Riley reduced their price target on shares of Mirion Technologies from $19.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Mirion Technologies currently has an average rating of “Buy” and an average target price of $18.75.

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.