Mettler-Toledo International, Inc. (NYSE:MTD – Get Free Report) CFO Shawn Vadala sold 1,025 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $1,452.00, for a total value of $1,488,300.00. Following the completion of the sale, the chief financial officer directly owned 5,288 shares in the company, valued at approximately $7,678,176. The trade was a 16.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shawn Vadala also recently made the following trade(s):
- On Tuesday, November 25th, Shawn Vadala sold 1,000 shares of Mettler-Toledo International stock. The shares were sold at an average price of $1,511.00, for a total value of $1,511,000.00.
- On Tuesday, November 11th, Shawn Vadala sold 1,895 shares of Mettler-Toledo International stock. The stock was sold at an average price of $1,455.52, for a total value of $2,758,210.40.
Mettler-Toledo International Price Performance
Shares of Mettler-Toledo International stock opened at $1,485.25 on Thursday. The stock has a market capitalization of $30.34 billion, a price-to-earnings ratio of 37.61, a price-to-earnings-growth ratio of 4.19 and a beta of 1.41. The business has a 50-day moving average of $1,360.59 and a 200 day moving average of $1,269.64. Mettler-Toledo International, Inc. has a 12 month low of $946.69 and a 12 month high of $1,525.17.
Analysts Set New Price Targets
Several analysts have recently issued reports on the company. Bank of America increased their price objective on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research note on Monday, September 22nd. Citigroup upped their target price on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. lifted their price target on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Robert W. Baird boosted their price target on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a research report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,406.50.
Get Our Latest Stock Analysis on MTD
Institutional Trading of Mettler-Toledo International
Hedge funds and other institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc grew its stake in Mettler-Toledo International by 42.1% during the 3rd quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier’s stock worth $33,000 after buying an additional 8 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in shares of Mettler-Toledo International by 2,700.0% in the third quarter. SJS Investment Consulting Inc. now owns 28 shares of the medical instruments supplier’s stock valued at $34,000 after acquiring an additional 27 shares during the period. WPG Advisers LLC acquired a new stake in shares of Mettler-Toledo International in the first quarter valued at approximately $41,000. NewSquare Capital LLC grew its position in shares of Mettler-Toledo International by 94.4% during the second quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock worth $41,000 after acquiring an additional 17 shares during the last quarter. Finally, MV Capital Management Inc. increased its holdings in shares of Mettler-Toledo International by 50.0% in the 2nd quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock valued at $42,000 after acquiring an additional 12 shares during the period. Institutional investors and hedge funds own 95.07% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Mettler-Toledo International
- How to Calculate Return on Investment (ROI)
- Amazon Enters Correction Zone—Time to Panic, or to Load Up?
- Where Do I Find 52-Week Highs and Lows?
- Tesla Just Got Called a “Must Own” Stock—Here’s Why
- How to Find Undervalued Stocks
- Why Gold Loves Trump as Much as Trump Loves Gold
Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.
