Mettler-Toledo International, Inc. (NYSE:MTD) insider Thomas Caratsch sold 150 shares of Mettler-Toledo International stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $578.00, for a total transaction of $86,700.00. Following the completion of the sale, the insider now directly owns 920 shares in the company, valued at approximately $531,760. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Thomas Caratsch also recently made the following trade(s):

  • On Friday, August 4th, Thomas Caratsch sold 1,350 shares of Mettler-Toledo International stock. The stock was sold at an average price of $578.00, for a total transaction of $780,300.00.
  • On Monday, May 15th, Thomas Caratsch sold 2,000 shares of Mettler-Toledo International stock. The stock was sold at an average price of $557.00, for a total transaction of $1,114,000.00.

Mettler-Toledo International, Inc. (NYSE:MTD) traded up 0.07% during trading on Wednesday, hitting $575.57. 129,111 shares of the stock traded hands. Mettler-Toledo International, Inc. has a 52-week low of $386.01 and a 52-week high of $618.13. The firm has a 50-day moving average price of $593.77 and a 200 day moving average price of $523.43. The company has a market cap of $14.77 billion, a P/E ratio of 35.39 and a beta of 1.13.

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

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Large investors have recently modified their holdings of the stock. BlackRock Inc. raised its stake in shares of Mettler-Toledo International by 1,735.6% in the first quarter. BlackRock Inc. now owns 1,748,149 shares of the medical instruments supplier’s stock worth $837,207,000 after buying an additional 1,652,915 shares in the last quarter. Clearbridge Investments LLC increased its position in shares of Mettler-Toledo International by 97.4% in the first quarter. Clearbridge Investments LLC now owns 180,393 shares of the medical instruments supplier’s stock worth $86,392,000 after buying an additional 89,000 shares during the last quarter. Morgan Stanley increased its position in shares of Mettler-Toledo International by 37.8% in the first quarter. Morgan Stanley now owns 269,128 shares of the medical instruments supplier’s stock worth $128,890,000 after buying an additional 73,762 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Mettler-Toledo International by 15.4% in the second quarter. Acadian Asset Management LLC now owns 549,695 shares of the medical instruments supplier’s stock worth $323,520,000 after buying an additional 73,217 shares during the last quarter. Finally, Pictet Asset Management Ltd. increased its position in shares of Mettler-Toledo International by 125.6% in the first quarter. Pictet Asset Management Ltd. now owns 104,398 shares of the medical instruments supplier’s stock worth $49,998,000 after buying an additional 58,120 shares during the last quarter. Hedge funds and other institutional investors own 96.22% of the company’s stock.

Several equities analysts have recently weighed in on MTD shares. Zacks Investment Research upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $538.00 target price for the company in a research note on Wednesday, April 12th. Jefferies Group LLC reiterated a “hold” rating and issued a $550.00 target price on shares of Mettler-Toledo International in a research note on Thursday, July 27th. Bank of America Corporation lifted their target price on shares of Mettler-Toledo International from $590.00 to $630.00 and gave the stock a “buy” rating in a research note on Wednesday, May 31st. Cleveland Research upgraded shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 19th. Finally, BidaskClub upgraded shares of Mettler-Toledo International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $569.80.

About Mettler-Toledo International

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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