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Mettler-Toledo International (NYSE:MTD) CEO Oliver A. Filliol sold 12,500 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The stock was sold at an average price of $260.38, for a total transaction of $3,254,750.00. Following the completion of the transaction, the chief executive officer now directly owns 16,279 shares of the company’s stock, valued at approximately $4,238,726. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Mettler-Toledo International (NYSE:MTD) traded up 1.33% on Wednesday, hitting $262.50. The stock had a trading volume of 65,448 shares. Mettler-Toledo International has a 52-week low of $217.82 and a 52-week high of $267.22. The stock has a 50-day moving average of $255.7 and a 200-day moving average of $244.7. The company has a market cap of $7.583 billion and a price-to-earnings ratio of 24.74.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, July 24th. The company reported $2.57 earnings per share for the quarter, meeting the analysts’ consensus estimate of $2.57. The company had revenue of $608.80 million for the quarter, compared to the consensus estimate of $601.17 million. During the same quarter last year, the company posted $2.35 earnings per share. Mettler-Toledo International’s revenue was up 5.2% compared to the same quarter last year. Analysts expect that Mettler-Toledo International will post $11.59 EPS for the current fiscal year.

A number of research firms have recently commented on MTD. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Mettler-Toledo International in a research note on Monday, July 28th. They now have a $280.00 price target on the stock, up previously from $270.00. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mettler-Toledo International in a research note on Friday, July 25th. They now have a $275.00 price target on the stock, up previously from $240.00. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Mettler-Toledo International in a research note on Friday, July 25th. They now have a $250.00 price target on the stock, up previously from $235.00. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $262.29.

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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