Chief Executive Officer At Mirion Technologies Sells $10.74M Of Stock

On August 13, a recent SEC filing unveiled that Thomas D Logan, Chief Executive Officer at Mirion Technologies (NYSE:MIR) made an insider sell.

What Happened: Logan's recent move involves selling 500,000 shares of Mirion Technologies. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $10,740,782.

Mirion Technologies's shares are actively trading at $22.24, experiencing a up of 0.5% during Thursday's morning session.

Delving into Mirion Technologies's Background

Mirion Technologies Inc provides products, services, and software that allow customers to safely leverage the power of ionizing radiation for applications that benefit the health, safety, vitality, and technological progress of the human experience. The Company manages its operations through two segments: Nuclear & Safety and Medical. The Medical segment improves the quality and safety of cancer care delivery and supports applications across medical diagnostics and practitioner safety. The Nuclear & Safety segment powers advancements in nuclear energy and critical radiation safety, measurement and analysis applications across laboratories, research and other industrial markets such as defense.

Mirion Technologies's Financial Performance

Revenue Growth: Mirion Technologies's remarkable performance in 3 months is evident. As of 30 June, 2025, the company achieved an impressive revenue growth rate of 7.63%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.

Insights into Profitability:

  • Gross Margin: The company faces challenges with a low gross margin of 45.98%, suggesting potential difficulties in cost control and profitability compared to its peers.

  • Earnings per Share (EPS): Mirion Technologies's EPS is below the industry average. The company faced challenges with a current EPS of 0.04. This suggests a potential decline in earnings.

Debt Management: Mirion Technologies's debt-to-equity ratio is below the industry average at 0.59, reflecting a lower dependency on debt financing and a more conservative financial approach.

Evaluating Valuation:

  • Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 442.6 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.

  • Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 5.65 as compared to the industry average, the stock might be considered overvalued based on sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): A high EV/EBITDA ratio of 28.01 reflects market recognition of Mirion Technologies's value, positioning it as more highly valued compared to industry peers.

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

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Unmasking the Significance of Insider Transactions

While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.

Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.

However, insider sells may not always signal a bearish view and can be influenced by various factors.

Exploring Key Transaction Codes

Surveying the realm of stock transactions, investors often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Mirion Technologies's Insider Trades.

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