Mirion Technologies, Inc. [MIR] recently announced that Director and Chief Executive Officer, Logan Thomas D, has engaged in a series of share sales. On August 12, 2025, Mr. Thomas D sold 175,000 shares at a price of $21.79 per share. Furthermore, on August 11, 2025, he sold an additional 325,000 shares at a price of $21.31 per share. These transactions are in line with the company's ongoing efforts to manage its share capital and align with its strategic objectives.
Mirion Technologies, Inc. [MIR] recently announced that its Director and Chief Executive Officer, Logan Thomas D, has sold a significant number of shares. On August 11 and 12, 2025, Mr. Thomas D sold a total of 500,000 shares of Class A Common Stock. The sales were conducted at weighted average prices of $21.3143 and $21.7922, respectively, with prices ranging from $21.01 to $22.205. The total sale amount was $10,740,782 [1].
Following these transactions, Logan Thomas D directly owns 3,567,305 shares of Class A Common Stock and 1,544,017 shares of Class B Common Stock. This sale is part of the company's ongoing efforts to manage its share capital and align with its strategic objectives.
In addition to Mr. Thomas D's sales, another insider, Loic Eloy, Nuclear & Safety President at Mirion Technologies, disclosed an insider sell on August 6, 2025, selling 22,166 shares worth $472,138 [3].
Mirion Technologies has recently reported strong financial performance, with a 7.6% increase in revenue to $222.9 million and a notable turnaround to a GAAP net income of $8.5 million from a previous loss. The company's acquisition of Certrec and a $400 million convertible notes offering have also contributed to an optimistic outlook for future growth [2].
Despite these positive developments, Mirion Technologies faces challenges such as a low gross margin of 45.98%, below-average earnings per share (EPS) of 0.04, and a higher-than-average debt-to-equity ratio of 0.59. The company's P/E ratio of 430.8 and P/S ratio of 5.5 suggest overvaluation in the eyes of investors [3].
These insider sales should be considered in conjunction with Mirion Technologies' overall performance and strategic direction. Investors should conduct a comprehensive analysis to make informed decisions.
References:
[1] https://www.tradingview.com/news/tradingview:dfce5c8534072:0-mirion-technologies-ceo-sells-500-000-shares/
[2] https://www.tipranks.com/news/insider-trading/mirion-technologies-ceo-cashes-in-millions-with-major-stock-sale-insider-trading
[3] https://www.benzinga.com/insights/news/25/08/46967407/nuclear-safety-president-at-mirion-technologies-sells-472k-of-stock
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