Mettler-Toledo International Inc. (NYSE:MTD – Get Rating) Director Wah-Hui Chu sold 56 shares of the company’s stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $1,308.00, for a total transaction of $73,248.00. Following the completion of the transaction, the director now owns 3,719 shares in the company, valued at approximately $4,864,452. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Wah-Hui Chu also recently made the following trade(s):
- On Thursday, May 19th, Wah-Hui Chu sold 100 shares of Mettler-Toledo International stock. The shares were sold at an average price of $1,228.00, for a total transaction of $122,800.00.
- On Friday, May 13th, Wah-Hui Chu sold 300 shares of Mettler-Toledo International stock. The stock was sold at an average price of $1,268.00, for a total transaction of $380,400.00.
Shares of Mettler-Toledo International stock traded down $37.83 during trading on Wednesday, reaching $1,248.29. The company’s stock had a trading volume of 940 shares, compared to its average volume of 150,324. The business’s 50-day moving average price is $1,304.90 and its 200-day moving average price is $1,429.19. The firm has a market cap of $28.39 billion, a PE ratio of 37.77, a P/E/G ratio of 1.81 and a beta of 1.07. Mettler-Toledo International Inc. has a 52 week low of $1,168.31 and a 52 week high of $1,714.75. The company has a quick ratio of 0.79, a current ratio of 1.20 and a debt-to-equity ratio of 20.89.
Several research analysts recently weighed in on MTD shares. StockNews.com began coverage on shares of Mettler-Toledo International in a research note on Thursday, March 31st. They set a “buy” rating on the stock. Robert W. Baird boosted their target price on shares of Mettler-Toledo International from $1,531.00 to $1,595.00 in a report on Friday, February 11th. The Goldman Sachs Group downgraded shares of Mettler-Toledo International from a “neutral” rating to a “sell” rating and set a $1,240.00 price objective on the stock. in a report on Thursday, March 10th. Finally, Wells Fargo & Company upgraded shares of Mettler-Toledo International from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $1,600.00 to $1,410.00 in a report on Monday, April 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,449.25.
Institutional investors and hedge funds have recently bought and sold shares of the stock. CVA Family Office LLC bought a new stake in Mettler-Toledo International during the fourth quarter worth about $25,000. Rockbridge Investment Management LCC acquired a new position in Mettler-Toledo International during the fourth quarter worth about $25,000. Amplius Wealth Advisors LLC acquired a new position in Mettler-Toledo International during the fourth quarter worth about $39,000. Moors & Cabot Inc. acquired a new position in Mettler-Toledo International during the third quarter worth about $51,000. Finally, Glassman Wealth Services raised its stake in Mettler-Toledo International by 57.9% during the fourth quarter. Glassman Wealth Services now owns 30 shares of the medical instruments supplier’s stock worth $51,000 after acquiring an additional 11 shares in the last quarter. 93.88% of the stock is owned by institutional investors and hedge funds.
Mettler-Toledo International Company Profile (Get Rating)
Mettler-Toledo International Inc engages in the manufacture and supply of precision instruments and services worldwide. It operates in 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, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.
- Get a free copy of the StockNews.com research report on Mettler-Toledo International (MTD)
- The Analysts Like The Fit Of Victoria’s Secret & Co
- Ambarella Is A Buy For Patient Investors
- Don’t Bet On A Big Rebound For Salesforce.com Stock
- 3 Specialty Retailers with Special Upside
- Is Roku (NASDAQ: ROKU) Bottoming Out?
Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.