Mettler-Toledo International Inc. (NYSE:MTD) Insider Sells $810,804.00 in Stock

Mettler-Toledo International Inc. (NYSE:MTD) insider Gerry Keller sold 600 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $1,351.34, for a total transaction of $810,804.00. Following the sale, the insider now owns 6 shares in the company, valued at approximately $8,108.04. This represents a 99.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Gerry Keller also recently made the following trade(s):

• On Tuesday, December 3rd, Gerry Keller sold 140 shares of Mettler-Toledo International stock. The stock was sold at an average price of $1,254.09, for a total transaction of $175,572.60.

Mettler-Toledo International Stock Down 1.4 %

Shares of NYSE MTD opened at $1,313.20 on Thursday. The firm has a 50-day simple moving average of $1,281.95 and a 200-day simple moving average of $1,341.62. The stock has a market capitalization of $27.71 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 4.80 and a beta of 1.13. Mettler-Toledo International Inc. has a 52 week low of $1,133.46 and a 52 week high of $1,546.93.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings data on Thursday, February 13th. The medical instruments supplier reported $12.41 EPS for the quarter, beating analysts’ consensus estimates of $11.76 by $0.65. Mettler-Toledo International had a net margin of 22.29% and a negative return on equity of 564.51%. As a group, equities research analysts expect that Mettler-Toledo International Inc. will post 41.94 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Stifel Nicolaus reduced their price target on Mettler-Toledo International from $1,550.00 to $1,450.00 and set a “buy” rating for the company in a report on Monday, November 11th. Wells Fargo & Company boosted their price objective on Mettler-Toledo International from $1,350.00 to $1,400.00 and gave the company an “equal weight” rating in a research report on Monday. Citigroup raised shares of Mettler-Toledo International from a “sell” rating to a “neutral” rating and lifted their price target for the company from $1,200.00 to $1,300.00 in a research note on Wednesday, December 11th. Wolfe Research started coverage on shares of Mettler-Toledo International in a research report on Friday, December 13th. They set a “peer perform” rating for the company. Finally, Robert W. Baird lifted their target price on shares of Mettler-Toledo International from $1,362.00 to $1,369.00 and gave the company a “neutral” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $1,368.00.

Institutional Trading of Mettler-Toledo International

Several hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new position in Mettler-Toledo International in the fourth quarter valued at approximately $33,000. Blue Trust Inc. raised its position in Mettler-Toledo International by 242.9% in the third quarter. Blue Trust Inc. now owns 24 shares of the medical instruments supplier’s stock valued at $34,000 after purchasing an additional 17 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of Mettler-Toledo International in the 3rd quarter valued at $37,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Mettler-Toledo International in the 4th quarter valued at $44,000. Finally, Whipplewood Advisors LLC purchased a new position in shares of Mettler-Toledo International during the 4th quarter worth $54,000. Hedge funds and other institutional investors own 95.07% of the company’s stock.

About Mettler-Toledo International

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.