We wouldn't blame Mettler-Toledo International Inc. (NYSE:MTD) shareholders if they were a little worried about the fact that Peter Aggersbjerg, the Head of Divisions & Operations recently netted about US$988k selling shares at an average price of US$1,424. That diminished their holding by a very significant 100%, which arguably implies a strong desire to reallocate capital.
Mettler-Toledo International Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Independent Presiding Director, Thomas Salice, sold US$17m worth of shares at a price of US$1,487 per share. So we know that an insider sold shares at around the present share price of US$1,408. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
Insiders in Mettler-Toledo International didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
I will like Mettler-Toledo International better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership of Mettler-Toledo International
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Mettler-Toledo International insiders own 1.6% of the company, worth about US$499m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Mettler-Toledo International Tell Us?
An insider hasn't bought Mettler-Toledo International stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Mettler-Toledo International makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mettler-Toledo International. In terms of investment risks, we've identified 2 warning signs with Mettler-Toledo International and understanding these should be part of your investment process.
Of course Mettler-Toledo International may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.