Mettler-Toledo International Inc. (NYSE:MTD) Insider Gerry Keller Sells 600 Shares

Mettler-Toledo International Inc. (NYSE:MTD - Get Free Report) insider Gerry Keller sold 600 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $1,351.34, for a total transaction of $810,804.00. Following the transaction, the insider now directly owns 6 shares of the company's stock, valued at approximately $8,108.04. This trade represents a 99.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Gerry Keller also recently made the following trade(s):

• On Tuesday, December 3rd, Gerry Keller sold 140 shares of Mettler-Toledo International stock. The shares were sold at an average price of $1,254.09, for a total transaction of $175,572.60.

Mettler-Toledo International Stock Performance

Shares of NYSE MTD traded down $23.70 during midday trading on Friday, reaching $1,273.44. 121,069 shares of the company traded hands, compared to its average volume of 114,468. The firm has a market cap of $26.87 billion, a PE ratio of 31.42, a PEG ratio of 4.80 and a beta of 1.13. The stock's 50-day simple moving average is $1,284.29 and its 200-day simple moving average is $1,338.69. Mettler-Toledo International Inc. has a 12 month low of $1,142.91 and a 12 month high of $1,546.93.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its earnings results on Thursday, February 13th. The medical instruments supplier reported $12.41 earnings per share for the quarter, topping analysts' consensus estimates of $11.76 by $0.65. Mettler-Toledo International had a net margin of 22.29% and a negative return on equity of 564.51%. On average, equities research analysts expect that Mettler-Toledo International Inc. will post 41.94 EPS for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on MTD. Wolfe Research began coverage on shares of Mettler-Toledo International in a report on Friday, December 13th. They issued a "peer perform" rating for the company. Citigroup raised shares of Mettler-Toledo International from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $1,200.00 to $1,300.00 in a report on Wednesday, December 11th. Wells Fargo & Company boosted their price target on shares of Mettler-Toledo International from $1,350.00 to $1,400.00 and gave the stock an "equal weight" rating in a research report on Monday, February 10th. Stifel Nicolaus dropped their price target on shares of Mettler-Toledo International from $1,550.00 to $1,450.00 and set a "buy" rating on the stock in a research report on Monday, November 11th. Finally, Robert W. Baird boosted their price target on shares of Mettler-Toledo International from $1,362.00 to $1,369.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $1,368.00.

Institutional Investors Weigh In On Mettler-Toledo International

Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new position in Mettler-Toledo International during the fourth quarter valued at approximately $372,954,000. Proficio Capital Partners LLC acquired a new position in Mettler-Toledo International during the fourth quarter valued at approximately $163,216,000. T. Rowe Price Investment Management Inc. grew its holdings in Mettler-Toledo International by 36.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 363,107 shares of the medical instruments supplier's stock valued at $444,327,000 after purchasing an additional 96,300 shares during the period. International Assets Investment Management LLC grew its holdings in Mettler-Toledo International by 149,870.0% during the third quarter. International Assets Investment Management LLC now owns 89,982 shares of the medical instruments supplier's stock valued at $134,946,000 after purchasing an additional 89,922 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Mettler-Toledo International by 53.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 214,281 shares of the medical instruments supplier's stock valued at $262,211,000 after buying an additional 74,187 shares during the period. 95.07% of the stock is owned by institutional investors.

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.