Mettler-Toledo International Inc. (NYSE:MTD) CFO Shawn Vadala sold 300 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $605.20, for a total value of $181,560.00. Following the sale, the chief financial officer now owns 5,599 shares of the company’s stock, valued at approximately $3,388,514.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shawn Vadala also recently made the following trade(s):
- On Monday, November 20th, Shawn Vadala sold 300 shares of Mettler-Toledo International stock. The stock was sold at an average price of $630.00, for a total value of $189,000.00.
Shares of Mettler-Toledo International Inc. (NYSE:MTD) traded up $6.47 during trading hours on Wednesday, reaching $620.16. The company’s stock had a trading volume of 108,401 shares, compared to its average volume of 172,624. The company has a market cap of $15,637.01, a P/E ratio of 43.10, a PEG ratio of 2.55 and a beta of 1.08. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.46 and a quick ratio of 1.09. Mettler-Toledo International Inc. has a 52-week low of $460.26 and a 52-week high of $697.26.
Several equities research analysts recently issued reports on the company. Morgan Stanley upped their price target on Mettler-Toledo International from $550.00 to $580.00 and gave the stock an “equal weight” rating in a report on Friday, February 9th. Citigroup upgraded Mettler-Toledo International from a “neutral” rating to a “buy” rating and upped their price target for the stock from $685.00 to $692.00 in a report on Friday, February 9th. Robert W. Baird decreased their price target on Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating for the company in a report on Friday, February 9th. Evercore ISI assumed coverage on Mettler-Toledo International in a report on Wednesday, January 3rd. They set an “in-line” rating and a $625.00 price target for the company. Finally, Zacks Investment Research downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $651.44.
A number of large investors have recently made changes to their positions in MTD. Renaissance Technologies LLC grew its stake in Mettler-Toledo International by 201.0% in the 4th quarter. Renaissance Technologies LLC now owns 210,100 shares of the medical instruments supplier’s stock valued at $130,161,000 after purchasing an additional 140,300 shares during the period. First Manhattan Co. grew its stake in Mettler-Toledo International by 98,611.4% in the 4th quarter. First Manhattan Co. now owns 86,866 shares of the medical instruments supplier’s stock valued at $53,815,000 after purchasing an additional 86,778 shares during the period. APG Asset Management N.V. grew its stake in Mettler-Toledo International by 888.1% in the 3rd quarter. APG Asset Management N.V. now owns 60,502 shares of the medical instruments supplier’s stock valued at $37,884,000 after purchasing an additional 54,379 shares during the period. Amundi Pioneer Asset Management Inc. bought a new position in shares of Mettler-Toledo International during the 4th quarter worth $31,608,000. Finally, Eagle Asset Management Inc. bought a new position in shares of Mettler-Toledo International during the 3rd quarter worth $30,957,000. Hedge funds and other institutional investors own 91.79% of the company’s stock.
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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.
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