Mettler-Toledo International Inc. (NYSE:MTD) Insider Gerry Keller Sells 600 Shares of Stock

Mettler-Toledo International Inc. (NYSE:MTD) insider Gerry Keller sold 600 shares of Mettler-Toledo International stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $1,351.34, for a total value of $810,804.00. Following the completion of the transaction, the insider now owns 6 shares in the company, valued at $8,108.04. This trade represents a 99.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

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

Mettler-Toledo International Price Performance

Shares of MTD stock opened at $1,313.20 on Thursday. The business has a fifty day moving average of $1,281.95 and a 200 day moving average of $1,341.62. Mettler-Toledo International Inc. has a 1 year low of $1,133.46 and a 1 year high of $1,546.93. The firm 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 (NYSE:MTD) last announced its quarterly earnings data on Thursday, February 13th. The medical instruments supplier reported $12.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.76 by $0.65. Mettler-Toledo International had a negative return on equity of 564.51% and a net margin of 22.29%. As a group, equities research analysts expect that Mettler-Toledo International Inc. will post 41.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MTD. Citigroup upgraded shares of Mettler-Toledo International from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $1,200.00 to $1,300.00 in a research note on Wednesday, December 11th. Wolfe Research began coverage on Mettler-Toledo International in a research report on Friday, December 13th. They set a “peer perform” rating on the stock. Wells Fargo & Company raised their price objective on Mettler-Toledo International from $1,350.00 to $1,400.00 and gave the stock an “equal weight” rating in a research report on Monday. Evercore ISI boosted their target price on Mettler-Toledo International from $1,450.00 to $1,475.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Stifel Nicolaus decreased 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 research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $1,368.00.

Institutional Trading of Mettler-Toledo International

Several institutional investors and hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Mettler-Toledo International during the fourth quarter worth $372,954,000. Proficio Capital Partners LLC acquired a new stake in Mettler-Toledo International during the 4th quarter worth about $163,216,000. International Assets Investment Management LLC raised its stake in shares of Mettler-Toledo International by 149,870.0% during the 3rd quarter. International Assets Investment Management LLC now owns 89,982 shares of the medical instruments supplier’s stock valued at $134,946,000 after buying an additional 89,922 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Mettler-Toledo International by 53.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 214,281 shares of the medical instruments supplier’s stock valued at $262,211,000 after buying an additional 74,187 shares during the period. Finally, Seilern Investment Management Ltd purchased a new stake in shares of Mettler-Toledo International in the fourth quarter worth about $89,221,000. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Mettler-Toledo International Company Profile

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.