Mettler-Toledo International, Inc. (NYSE:MTD) Director Wah-Hui Chu sold 500 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $585.00, for a total value of $292,500.00. Following the transaction, the director now owns 3,243 shares in the company, valued at $1,897,155. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Tuesday, August 8th, Wah-Hui Chu sold 1,000 shares of Mettler-Toledo International stock. The shares were sold at an average price of $579.51, for a total value of $579,510.00.
  • On Thursday, May 25th, Wah-Hui Chu sold 500 shares of Mettler-Toledo International stock. The shares were 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 shares were sold at an average price of $567.00, for a total value of $283,500.00.

Mettler-Toledo International, Inc. (NYSE MTD) traded up 0.590% during trading on Wednesday, reaching $584.205. The company had a trading volume of 34,672 shares. Mettler-Toledo International, Inc. has a one year low of $386.01 and a one year high of $618.13. The company has a market capitalization of $15.00 billion, a PE ratio of 35.925 and a beta of 1.13. The firm’s 50 day moving average is $590.31 and its 200 day moving average is $533.00.

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

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A number of large investors have recently modified their holdings of the stock. First Personal Financial Services increased its stake 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 period. Sun Life Financial INC increased its stake in shares of Mettler-Toledo International by 2,585.7% in the second quarter. Sun Life Financial INC now owns 188 shares of the medical instruments supplier’s stock worth $111,000 after buying an additional 181 shares during the period. Acrospire Investment Management LLC bought a new stake in shares of Mettler-Toledo International during the second quarter worth about $118,000. Israel Discount Bank of New York bought a new stake in shares of Mettler-Toledo International during the first quarter worth about $102,000. Finally, YorkBridge Wealth Partners LLC increased its stake 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 period. Institutional investors and hedge funds own 95.23% of the company’s stock.

Several brokerages have recently commented on MTD. BidaskClub upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday. Jefferies Group LLC reiterated a “hold” rating and set a $550.00 price objective on shares of Mettler-Toledo International in a research report on Thursday, July 27th. Morgan Stanley reiterated an “equal weight” rating and set a $565.00 price objective (up from $533.00) on shares of Mettler-Toledo International in a research report on Saturday, July 22nd. Zacks Investment Research upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $684.00 price objective on the stock in a research report on Friday, July 21st. 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 research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target 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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