Director Elisha Finney Sells Shares of Mettler-Toledo International Inc
Elisha Finney, a director at Mettler-Toledo International Inc (NYSE:MTD), sold 251 shares of the company on February 12, 2024, according to a recent SEC filing. Mettler-Toledo International Inc is a global supplier of precision instruments and services. The company provides weighing instruments for use in laboratory, industrial, and food retailing applications, as well as analytical instruments for use in life science, reaction engineering, and real-time analytic systems. The firm also offers end-of-line inspection systems used in production and packaging for food, pharmaceutical, and other industries.
Over the past year, the insider has sold a total of 251 shares and has not made any purchases of the company's stock.
The insider transaction history at Mettler-Toledo International Inc indicates a trend of more insider selling than buying over the past year, with 1 insider buy and 10 insider sells recorded.
On the date of the insider's recent transaction, shares of Mettler-Toledo International Inc were trading at $1,177.35, giving the company a market capitalization of $25.178 billion.
The stock's price-earnings ratio stands at 32.66, which is above the industry median of 25.58 but below the company's historical median price-earnings ratio.
With the current share price of $1,177.35 and a GuruFocus Value of $1,451.99, Mettler-Toledo International Inc has a price-to-GF-Value ratio of 0.81, indicating that the stock is considered Modestly Undervalued according to its GF Value.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
