Mettler-Toledo International Inc. (NYSE:MTD) Insider La Guerroniere Marc De Sells 4,625 Shares

Mettler-Toledo International Inc. (NYSE:MTD) insider La Guerroniere Marc De sold 4,625 shares of the company’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $750.00, for a total transaction of $3,468,750.00. Following the completion of the transaction, the insider now owns 16,610 shares of the company’s stock, valued at approximately $12,457,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Thursday, May 16th, La Guerroniere Marc De sold 4,600 shares of Mettler-Toledo International stock. The shares were sold at an average price of $730.00, for a total transaction of $3,358,000.00.

Shares of NYSE:MTD traded up $6.45 during midday trading on Friday, hitting $840.00. 171,000 shares of the company’s stock traded hands, compared to its average volume of 143,542. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.80. The firm has a market capitalization of $20.47 billion, a P/E ratio of 41.34, a PEG ratio of 2.65 and a beta of 1.28. The firm has a fifty day moving average price of $764.26. Mettler-Toledo International Inc. has a twelve month low of $500.74 and a twelve month high of $840.00.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, May 9th. The medical instruments supplier reported $4.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.06 by $0.04. Mettler-Toledo International had a net margin of 17.98% and a return on equity of 95.67%. The firm had revenue of $679.50 million for the quarter, compared to the consensus estimate of $673.55 million. During the same quarter in the previous year, the firm posted $3.74 EPS. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. On average, equities research analysts forecast that Mettler-Toledo International Inc. will post 22.7 EPS for the current fiscal year.

MTD has been the subject of a number of recent research reports. Zacks Investment Research cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Thursday, May 16th. Wolfe Research assumed coverage on shares of Mettler-Toledo International in a research note on Thursday, May 30th. They set a “peer perform” rating for the company. Barclays reaffirmed a “hold” rating on shares of Mettler-Toledo International in a research note on Wednesday, May 15th. ValuEngine cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $755.00 target price (up from $725.00) on shares of Mettler-Toledo International in a research note on Tuesday, April 16th. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company’s stock. Mettler-Toledo International has a consensus rating of “Hold” and a consensus price target of $672.60.

A number of institutional investors have recently added to or reduced their stakes in MTD. Lindbrook Capital LLC acquired a new position in Mettler-Toledo International during the 4th quarter valued at about $27,000. Permanens Capital L.P. acquired a new position in Mettler-Toledo International during the 1st quarter valued at about $29,000. Executive Wealth Management LLC acquired a new position in Mettler-Toledo International during the 4th quarter valued at about $33,000. MARSHALL WACE ASIA Ltd acquired a new position in Mettler-Toledo International during the 1st quarter valued at about $44,000. Finally, CWM LLC lifted its stake in shares of Mettler-Toledo International by 108.9% in the 4th quarter. CWM LLC now owns 94 shares of the medical instruments supplier’s stock worth $53,000 after acquiring an additional 49 shares during the period. 95.38% of the stock is currently owned by hedge funds and other institutional investors.

Mettler-Toledo International Company Profile

Mettler-Toledo International Inc manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; metal detection and other end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries; and solutions that are used in various process analytics applications.

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

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