Mettler-Toledo International Inc. (MTD) Insider Sells $1,920,000.00 in Stock

Mettler-Toledo International Inc. (NYSE:MTD) insider La Guerroniere Marc De sold 3,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $640.00, for a total transaction of $1,920,000.00. Following the completion of the transaction, the insider now directly owns 3,000 shares of the company’s stock, valued at $1,920,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

La Guerroniere Marc De also recently made the following trade(s):

  • On Thursday, February 15th, La Guerroniere Marc De sold 2,000 shares of Mettler-Toledo International stock. The shares were sold at an average price of $630.00, for a total transaction of $1,260,000.00.

Shares of Mettler-Toledo International Inc. (MTD) traded up $4.44 on Friday, hitting $629.41. 18,486 shares of the stock were exchanged, compared to its average volume of 165,085. The stock has a market capitalization of $16,012.48, a price-to-earnings ratio of 44.23, a P/E/G ratio of 2.60 and a beta of 1.08. Mettler-Toledo International Inc. has a 1 year low of $470.76 and a 1 year high of $697.26. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.46 and a quick ratio of 1.09.

Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $5.93 by $0.04. The firm had revenue of $778.03 million during the quarter, compared to analyst estimates of $764.26 million. Mettler-Toledo International had a net margin of 13.80% and a return on equity of 94.54%. The business’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.28 earnings per share. equities analysts forecast that Mettler-Toledo International Inc. will post 20.15 EPS for the current year.

Several research analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Mettler-Toledo International from $550.00 to $580.00 and gave the stock an “equal weight” rating in a research note on Friday, February 9th. Robert W. Baird dropped their price objective on shares of Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating for the company in a research note on Friday, February 9th. Citigroup raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $685.00 to $692.00 in a research note on Friday, February 9th. Zacks Investment Research lowered shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Evercore ISI assumed coverage on shares of Mettler-Toledo International in a research note on Wednesday, January 3rd. They set an “in-line” rating and a $625.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $651.44.

Institutional investors and hedge funds have recently modified their holdings of the company. USA Mutuals Advisors Inc. purchased a new stake in shares of Mettler-Toledo International during the fourth quarter valued at $101,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Mettler-Toledo International during the third quarter valued at $125,000. Quantbot Technologies LP purchased a new stake in shares of Mettler-Toledo International during the third quarter valued at $193,000. Lourd Capital LLC bought a new stake in shares of Mettler-Toledo International in the fourth quarter valued at about $211,000. Finally, Quadrant Private Wealth Management LLC bought a new stake in shares of Mettler-Toledo International in the fourth quarter valued at about $232,000. 92.22% of the stock is owned by hedge funds and other institutional investors.

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Mettler-Toledo International Company Profile

Mettler-Toledo International Inc is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics and food retailing applications.

Insider Buying and Selling by Quarter for Mettler-Toledo International (NYSE:MTD)

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