Insiders Don’t Lie: The director of Mettler-Toledo International Inc. (NYSE:MTD), Robert Spoerry Sold 236 Shares of the Company

November 28, 2016 - By Peter Kolinski

Insiders Don't Lie: The director of Mettler Toledo International Inc. (NYSE:MTD), Robert Spoerry Sold 236 Shares of the Company

Robert Spoerry Insider Sell

Robert Spoerry who right now serves as the director of Mettler Toledo International Inc recently unloaded 236 shares of the stock exchange listed company. The substantial insider transaction has $99,120 U.S Dollars total value, at an average stock price per share of $420.0. This is not his first insider trade, in the last 30 days, he sold another 3,000 shares worth $1,275,000 USD. The prospect that this deal stays undiscovered are nil as a result of the massive amount of money involved. Now, Robert Spoerry owns 362,413 shares which are equivalent to roughly 1.38% of Mettler Toledo International Inc’s market capitalization. Dated November 28, 2016 the trade report is freely available for public review here.

Mettler-Toledo International Inc. (NYSE:MTD) Ratings Coverage

Out of 4 analysts covering Mettler-toledo International Inc. (NYSE:MTD), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $415 is the highest target while $305 is the lowest. The $355.50 average target is -15.51% below today’s ($420.78) stock price. Mettler-toledo International Inc. has been the topic of 11 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Citigroup upgraded Mettler-Toledo International Inc. (NYSE:MTD) on Tuesday, September 8 to “Buy” rating. The rating was downgraded by UBS to “Neutral” on Friday, August 5. The firm has “Neutral” rating given on Thursday, June 23 by Citigroup. The stock of Mettler-Toledo International Inc. (NYSE:MTD) has “Neutral” rating given on Thursday, September 10 by Bank of America. The stock has “Buy” rating given by Bank of America on Wednesday, August 31.

Insitutional Activity: The institutional sentiment is 0.99 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, as 29 funds sold all Mettler-Toledo International Inc. shares owned while 140 reduced positions. only 40 funds bought stakes while 127 increased positions. They now own 23.89 million shares or 9.25% less from 26.33 million shares in 2016Q1.

Price T Rowe Associate Md has 0.05% invested in the company for 598,784 shares. Los Angeles Equity Inc holds 0.06% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 18,249 shares. Principal Fin Gru holds 0.05% or 102,970 shares in its portfolio. Arizona State Retirement Sys reported 11,960 shares or 0.06% of all its holdings. Nuveen Asset Ltd Liability Corporation accumulated 11,190 shares or 0.03% of the stock. Blackrock Advsr Limited Liability Corporation holds 0.01% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 37,541 shares. The North Carolina-based Salem Investment Counselors Inc has invested 0.15% in Mettler-Toledo International Inc. (NYSE:MTD). Ny State Common Retirement Fund, a New York-based fund reported 163,914 shares. Barclays Public Limited Liability Company last reported 60,750 shares in the company. The Oklahoma-based Bokf Na has invested 0.09% in Mettler-Toledo International Inc. (NYSE:MTD). Alexandria Cap Limited Liability Corporation has 1 shares for 0% of their US portfolio. Evercore Wealth Ltd Com last reported 0.08% of its portfolio in the stock. Qs Invsts Ltd Com holds 0.04% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 12,609 shares. The Texas-based Dimensional Fund Advisors L P has invested 0.02% in Mettler-Toledo International Inc. (NYSE:MTD). Logan Capital Management has invested 1.08% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD).

Insider Transactions: Since June 9, 2016, the stock had 0 insider buys, and 19 selling transactions for $46.97 million net activity. DONNELLY WILLIAM P had sold 10,000 shares worth $4.03 million on Thursday, August 11. $190,454 worth of shares were sold by SALICE THOMAS P on Monday, August 1. The insider Caratsch Thomas sold $288,750. 3,042 shares were sold by Rauch Waldemar, worth $1.25 million. Shares for $2.11 million were sold by de la Guerroniere Marc on Monday, November 7. On Tuesday, August 2 the insider Kirk Simon sold $1.30M. Vadala Shawn sold 313 shares worth $133,968.

About 1,036 shares traded hands. Mettler-Toledo International Inc. (NYSE:MTD) has risen 15.96% since April 25, 2016 and is uptrending. It has outperformed by 9.95% the S&P500.

Mettler-Toledo International Inc. is a supplier of precision instruments and services. The company has a market cap of $11.02 billion. The Firm is a well-known provider of weighing instruments for use in laboratory, industrial and food retailing applications. It has a 31.07 P/E ratio. The Firm is also a well-known provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes.

According to Zacks Investment Research, “Mettler-Toledo is the world’s largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications. The Company focuses on the high value-added segments of the weighing instruments market by providing solutions for specific applications. The Company also manufactures and sells certain related laboratory measurement instruments, with one of the top three market positions worldwide in titrators, thermal analysis systems, pH meters and lab reactors.”

Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on February, 2. They expect $5.12 EPS, up 10.11% or $0.47 from last year’s $4.65 per share. MTD’s profit will be $134.09 million for 20.55 P/E if the $5.12 EPS becomes a reality. After $3.89 actual EPS reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts 31.62% EPS growth.

More important recent Mettler-Toledo International Inc. (NYSE:MTD) news were published by: Prnewswire.com which released: “Mettler-Toledo International Inc. Reports Second Quarter 2016 Results” on July 28, 2016, also Prnewswire.com published article titled: “Mettler-Toledo International Inc. Reports Fourth Quarter 2015 Results”, Finance.Yahoo.com published: “Mettler-Toledo International Inc. to Host Third Quarter 2016 Earnings ..” on October 27, 2016. More interesting news about Mettler-Toledo International Inc. (NYSE:MTD) was released by: Seekingalpha.com and their article: “Mettler-Toledo International, Inc.’s (MTD) CEO Olivier Filliol on Q2 2016 ..” with publication date: July 29, 2016.

MTD Company Profile

Mettler-Toledo International Inc., incorporated on December 6, 1991, is a supplier of precision instruments and services. The Firm is a well-known provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Firm is also a well-known provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, it is also a supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The Firm operates through five divisions: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company’s U.S. Operations represent certain of the Company’s marketing and producing organizations located in the United States. The Company’s Western European Operations include the Company’s marketing and producing organizations in Western Europe, excluding activities located in Switzerland. Swiss Operations include marketing and producing organizations located in Switzerland, as well as research and development (R&D) activities that are responsible for the development, production and marketing of precision instruments, including weighing, analytical and measurement technologies for use in various laboratory and industrial applications. Chinese Operations represent the Company’s marketing and producing organizations located in China. The Company’s market organizations are geographically focused and are responsible for all aspects of the Company’s sales and service.

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