Dynamic Advisor Solutions LLC raised its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG – Get Rating) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,587 shares of the medical equipment provider’s stock after purchasing an additional 248 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Intuitive Surgical were worth $686,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also bought and sold shares of ISRG. BlackRock Inc. lifted its position in Intuitive Surgical by 5.6% during the third quarter. BlackRock Inc. now owns 27,887,777 shares of the medical equipment provider’s stock valued at $5,227,284,000 after purchasing an additional 1,477,885 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Intuitive Surgical by 3.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 25,692,735 shares of the medical equipment provider’s stock worth $5,156,788,000 after acquiring an additional 816,066 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Intuitive Surgical by 49.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,888,228 shares of the medical equipment provider’s stock worth $378,987,000 after acquiring an additional 621,063 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Intuitive Surgical by 244.5% in the 3rd quarter. Mackenzie Financial Corp now owns 730,312 shares of the medical equipment provider’s stock worth $136,890,000 after acquiring an additional 518,321 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in shares of Intuitive Surgical by 23.1% in the 1st quarter. Clearbridge Investments LLC now owns 2,428,635 shares of the medical equipment provider’s stock worth $732,671,000 after acquiring an additional 455,461 shares during the last quarter. Institutional investors own 81.96% of the company’s stock.
Analyst Ratings Changes
ISRG has been the subject of several analyst reports. Wells Fargo & Company lowered their target price on shares of Intuitive Surgical from $305.00 to $289.00 and set an “overweight” rating for the company in a report on Wednesday, January 25th. StockNews.com initiated coverage on shares of Intuitive Surgical in a report on Thursday, March 16th. They issued a “hold” rating for the company. Deutsche Bank Aktiengesellschaft raised their target price on shares of Intuitive Surgical from $230.00 to $245.00 in a report on Wednesday, January 25th. Citigroup reduced their price target on shares of Intuitive Surgical from $318.00 to $305.00 and set a “buy” rating on the stock in a research note on Wednesday, January 25th. Finally, William Blair initiated coverage on shares of Intuitive Surgical in a research note on Thursday. They issued an “outperform” rating on the stock. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, Intuitive Surgical currently has an average rating of “Moderate Buy” and a consensus price target of $273.83.
Intuitive Surgical Stock Performance
Intuitive Surgical (NASDAQ:ISRG – Get Rating) last issued its quarterly earnings data on Tuesday, January 24th. The medical equipment provider reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.02). Intuitive Surgical had a return on equity of 11.27% and a net margin of 21.25%. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the firm earned $1.30 EPS. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Equities analysts expect that Intuitive Surgical, Inc. will post 4.21 earnings per share for the current fiscal year.
Insider Transactions at Intuitive Surgical
In other news, EVP David J. Rosa sold 45,025 shares of Intuitive Surgical stock in a transaction that occurred on Monday, February 6th. The shares were sold at an average price of $250.53, for a total value of $11,280,113.25. Following the transaction, the executive vice president now owns 125,385 shares of the company’s stock, valued at approximately $31,412,704.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP Robert Desantis sold 1,629 shares of Intuitive Surgical stock in a transaction that occurred on Friday, January 27th. The shares were sold at an average price of $250.00, for a total value of $407,250.00. Following the completion of the sale, the executive vice president now directly owns 6,769 shares in the company, valued at approximately $1,692,250. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP David J. Rosa sold 45,025 shares of Intuitive Surgical stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $250.53, for a total transaction of $11,280,113.25. Following the completion of the sale, the executive vice president now owns 125,385 shares of the company’s stock, valued at $31,412,704.05. The disclosure for this sale can be found here. Insiders have sold a total of 82,396 shares of company stock valued at $20,438,478 in the last 90 days. Insiders own 0.90% of the company’s stock.
Intuitive Surgical Company Profile
Intuitive Surgical, Inc engages in the provision of robotic-assisted surgical solutions and invasive care through a comprehensive ecosystem of products and services. Its products include Da Vinci Surgical and Ion Endoluminal systems. The company was founded by Frederic H. Moll, John Gordon Freund, and Robert G.
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