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Mettler-Toledo International (NYSE:MTD) CEO Oliver A. Filliol unloaded 10,000 shares of the company’s stock on the open market in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $247.84, for a total transaction of $2,478,400.00. Following the completion of the sale, the chief executive officer now directly owns 16,279 shares of the company’s stock, valued at approximately $4,034,587. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Mettler-Toledo International (NYSE:MTD) traded up 0.24% during mid-day trading on Thursday, hitting $244.39. The stock had a trading volume of 80,369 shares. Mettler-Toledo International has a 1-year low of $196.00 and a 1-year high of $258.31. The stock’s 50-day moving average is $248.3 and its 200-day moving average is $241.3. The company has a market cap of $7.182 billion and a price-to-earnings ratio of 24.48.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $3.82 EPS for the quarter, beating the Thomson Reuters consensus estimate of $3.74 by $0.08. The company had revenue of $684.30 million for the quarter, compared to the consensus estimate of $673.49 million. During the same quarter in the prior year, the company posted $3.47 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. Analysts expect that Mettler-Toledo International will post $11.60 EPS for the current fiscal year.

MTD has been the subject of a number of recent research reports. Analysts at Wells Fargo & Co. initiated coverage on shares of Mettler-Toledo International in a research note on Tuesday, February 11th. They set a “market perform” rating on the stock. Separately, analysts at UBS AG upgraded shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating in a research note on Thursday, February 6th. They now have a $263.00 price target on the stock, up previously from $245.00. Finally, analysts at ISI Group raised their price target on shares of Mettler-Toledo International from $243.00 to $253.00 in a research note on Thursday, February 6th. They now have a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $251.83.

Mettler-Toledo International Inc is a global supplier of precision instruments and services. The Company is a provider of weighing instruments for use in laboratory, industrial and food retailing applications.

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