HighTower Advisors LLC reduced its stake in Mettler-Toledo International, Inc. by 8.3%, selling 3,373 shares and retaining 37,089 shares valued at approximately $45.53 million. This reduction comes as institutional investors collectively own 95.07% of the company’s stock, and company insiders have recently sold over $13 million worth of shares. Mettler-Toledo International (MTD) recently surpassed quarterly earnings and revenue estimates, reporting $13.36 EPS and $1.13 billion in revenue, with a “Hold” consensus rating from analysts and an average price target of $1,435.42.
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HighTower Advisors LLC Sells 3,373 Shares of Mettler-Toledo International, Inc. $MTD
HighTower Advisors LLC reduced its stake in Mettler-Toledo International, Inc. by 8.3%, selling 3,373 shares and retaining 37,089 shares valued at approximately $45.53 million. This reduction comes as institutional investors collectively own 95.07% of the company’s stock, and company insiders have recently sold over $13 million worth of shares. Mettler-Toledo International (MTD) recently surpassed quarterly earnings and revenue estimates, reporting $13.36 EPS and $1.13 billion in revenue, with a “Hold” consensus rating from analysts and an average price target of $1,435.42.