TPI Composites files for Chapter 11 bankruptcy, plans delisting from Nasdaq
Mirion Technologies (NASDAQ:MIR) Chief Executive Officer Thomas D. Logan sold a total of 500,000 shares of Class A Common Stock on August 11 and 12. The sales, conducted in multiple transactions, resulted in proceeds of approximately $10.74 million. The transactions come as MIR trades near its 52-week high of $22.80, having delivered an impressive 113% return over the past year.
On August 11, Logan sold 325,000 shares at a weighted average price of $21.3143, with individual prices ranging from $21.01 to $21.47. This transaction amounted to $6,927,167.50. The following day, August 12, he sold an additional 175,000 shares at a weighted average price of $21.7922, with prices ranging from $21.31 to $22.205, totaling $3,813,635.
Following these transactions, Logan directly owns 3,567,305 shares of Class A Common Stock and 1,544,017 shares of Class B Common Stock.
In other recent news, Mirion Technologies Inc. reported its Q2 2025 earnings, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.11, exceeding the forecasted $0.10, marking a 10% surprise. Revenue for the quarter reached $222.9 million, which also surpassed the anticipated $217.04 million by 2.7%. These results highlight Mirion Technologies’ ability to outperform market projections in both earnings and revenue. Despite this positive financial performance, the company’s stock experienced a decline in after-hours trading. This development occurred amidst broader market volatility, which may have influenced investor reactions. No additional analyst upgrades or downgrades were mentioned in the recent reports.
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