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.
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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