Today it was reported that the President & CEO of Mettler-Toledo (MTD), Oliver Filliol, exercised options to sell 34,000 MTD shares at $90.76 a share, for a total transaction value of $22.59M.
Following Oliver Filliol’s last MTD Sell transaction on November 20, 2017, the stock climbed by 40.6%. In addition to Oliver Filliol, one other MTD executive reported Sell trades in the last month.
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Based on Mettler-Toledo’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $818 million and quarterly net profit of $181 million. In comparison, last year the company earned revenue of $778 million and had a net profit of $76.98 million. MTD’s market cap is $16.76B and the company has a P/E ratio of 33.74. The Company has a Price to Book ratio of 28.4034.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $617.00, reflecting a -7.9% downside.
The insider sentiment on Mettler-Toledo has been negative according to 54 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Oliver Filliol’s trades have generated a -16.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Mettler-Toledo International, Inc. manufactures and markets precision instruments for use in laboratory, industrial and food retailing applications. It also provides 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. Mettler-Toledo also supplies end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The company operates through five segments: U. S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The U.S. Operations segment represents certain of the company’s marketing and producing organizations located in the United States. The Western European Operations segment includes marketing and producing organizations in Western Europe, excluding operations located in Switzerland. The Swiss Operations segment includes marketing and producing organizations located in Switzerland as well as extensive R&D operations that are responsible for the development, production and marketing of precision instruments, including weighing, analytical and measurement technologies for use in a variety of industrial and laboratory applications. The Chinese Operations segment represents marketing and producing organizations located in China. Its market organizations are geographically focused and are responsible for all aspects of the company’s sales and service. The Operating segments that exist outside these reportable segments are included in other segment. Mettler-Toledo International was founded in 1991 and is headquartered in Columbus, OH.
