Mettler-Toledo International, Inc. (NYSE:MTD) Director Wah-Hui Chu sold 1,000 shares of Mettler-Toledo International stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $579.51, for a total value of $579,510.00. Following the sale, the director now directly owns 3,243 shares of the company’s stock, valued at $1,879,350.93. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Wah-Hui Chu also recently made the following trade(s):

  • On Thursday, May 25th, Wah-Hui Chu sold 500 shares of Mettler-Toledo International stock. The stock was sold at an average price of $575.00, for a total value of $287,500.00.
  • On Monday, May 22nd, Wah-Hui Chu sold 500 shares of Mettler-Toledo International stock. The stock was sold at an average price of $567.00, for a total value of $283,500.00.

Mettler-Toledo International, Inc. (MTD) traded up 0.07% during midday trading on Wednesday, reaching $575.57. The company had a trading volume of 129,111 shares. The company has a market capitalization of $14.77 billion, a P/E ratio of 35.39 and a beta of 1.13. The company’s 50 day moving average is $593.77 and its 200-day moving average is $523.43. Mettler-Toledo International, Inc. has a 52-week low of $386.01 and a 52-week high of $618.13.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, July 27th. The medical instruments supplier reported $3.92 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.89 by $0.03. Mettler-Toledo International had a net margin of 16.60% and a return on equity of 95.28%. The company had revenue of $653.70 million for the quarter, compared to analyst estimates of $646.68 million. During the same period in the prior year, the business earned $3.22 earnings per share. Mettler-Toledo International’s quarterly revenue was up 7.5% on a year-over-year basis. Equities analysts expect that Mettler-Toledo International, Inc. will post $16.89 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in the company. Israel Discount Bank of New York bought a new position in shares of Mettler-Toledo International during the first quarter worth about $102,000. First Personal Financial Services raised its position in shares of Mettler-Toledo International by 2.8% in the second quarter. First Personal Financial Services now owns 186 shares of the medical instruments supplier’s stock worth $109,000 after buying an additional 5 shares during the last quarter. YorkBridge Wealth Partners LLC raised its position in shares of Mettler-Toledo International by 11.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 222 shares of the medical instruments supplier’s stock worth $115,000 after buying an additional 22 shares during the last quarter. TLP Group LLC bought a new position in shares of Mettler-Toledo International during the first quarter worth about $144,000. Finally, Penserra Capital Management LLC raised its position in shares of Mettler-Toledo International by 9.5% in the first quarter. Penserra Capital Management LLC now owns 414 shares of the medical instruments supplier’s stock worth $198,000 after buying an additional 36 shares during the last quarter. Institutional investors own 96.22% of the company’s stock.

MTD has been the subject of several research reports. BidaskClub raised Mettler-Toledo International from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 22nd. Cleveland Research raised Mettler-Toledo International from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 19th. Bank of America Corporation upped their price objective on Mettler-Toledo International from $590.00 to $630.00 and gave the company a “buy” rating in a research note on Wednesday, May 31st. Zacks Investment Research upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $538.00 target price on the stock in a research report on Wednesday, April 12th. Finally, Wells Fargo & Company upgraded Mettler-Toledo International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, July 12th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $569.80.

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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