Mettler-Toledo International, Inc. $MTD Shares Sold by Assenagon Asset Management S.A.

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Assenagon Asset Management S.A. significantly reduced its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 53.4% during the fourth quarter, selling 10,649 shares and retaining 9,286 shares valued at $12.95 million. Other institutional investors also adjusted their holdings in MTD, while a CFO sold 800 shares valued at over $1.1 million. Analysts have set an average “Moderate Buy” rating for the stock with an average price target of $1,463.75.

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