Did a Major Insider Share Sale Just Shift Mirion Technologies' (MIR) Investment Narrative?
Mirion Technologies director Lawrence D. Kingsley sold 300,000 shares, raising concerns about insider sentiment and future growth plans. Despite this, Mirion's growth catalysts remain unchanged, with a focus on nuclear and medical radiation safety. The sale contrasts with previous share buybacks, highlighting capital allocation challenges. Mirion projects $1.1 billion revenue and $105.2 million earnings by 2028, requiring 7.9% yearly growth. Fair value estimates vary widely, reflecting differing views on acquisition risks and growth potential.
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