The Head of Industrial of Mettler-Toledo is Exercising Options

By Carrie Williams

Today, the Head of Industrial of Mettler-Toledo, Michael Heidingsfelder, exercised options of Mettler-Toledo for $1.77M.

Following Michael Heidingsfelder’s last MTD Sell transaction on March 02, 2018, the stock climbed by 6.7%. In addition to Michael Heidingsfelder, 8 other MTD executives reported Sell trades in the last month.

Based on Mettler-Toledo’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $778 million and quarterly net profit of $76.98 million. In comparison, last year the company earned revenue of $710 million and had a net profit of $138 million. The company has a one-year high of $697.26 and a one-year low of $471.14. MTD’s market cap is $15.15B and the company has a P/E ratio of 42.13.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $649, reflecting a -7.3% downside.

The insider sentiment on Mettler-Toledo has been negative according to 67 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Michael Heidingsfelder’s trades have generated a -7.9% 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.