GuruFocus - Mirion Technologies Inc (NYSE:MIR), a company specializing in radiation detection, measurement, analysis, and monitoring products, witnessed a significant insider transaction recently. Loic Eloy, President of the Technologies Group at Mirion Technologies Inc, sold 22,139 shares of the company on August 6, 2024. The transaction was filed with the SEC and can be viewed in detail here.
Following this transaction, the insider now owns 177,663 shares of Mirion Technologies Inc. Over the past year, the insider has sold a total of 22,139 shares and has not purchased any shares.
The shares were sold at a price of $9.91, valuing the transaction at approximately $219,297.29. This sale occurred at a time when the stock has a market cap of approximately $2.27 billion and is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.26, according to GuruFocus Value estimation.
The valuation metrics of Mirion Technologies Inc show a GF Value of $7.88, suggesting that the current share price is above the estimated fair value. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.
Insider transaction trends at Mirion Technologies Inc over the past year show a total of 9 insider sells and no insider buys, indicating a possible trend among insiders in their trading activities.
This recent sale by the insider might be of interest to current and potential investors, providing insights into insider confidence and stock valuation perceptions at Mirion Technologies Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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