Intuitive Surgical, Inc. (ISRG) Holdings Lowered by Green Valley Investors LLC

Green Valley Investors LLC lowered its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 7.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,907 shares of the medical equipment provider’s stock after selling 1,625 shares during the quarter. Green Valley Investors LLC’s holdings in Intuitive Surgical were worth $12,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of Intuitive Surgical by 2.0% during the 3rd quarter. BlackRock Inc. now owns 7,758,427 shares of the medical equipment provider’s stock worth $4,453,337,000 after buying an additional 149,491 shares in the last quarter. FMR LLC lifted its position in shares of Intuitive Surgical by 19.2% during the 2nd quarter. FMR LLC now owns 6,629,648 shares of the medical equipment provider’s stock worth $3,172,155,000 after buying an additional 1,068,107 shares in the last quarter. Edgewood Management LLC raised its holdings in shares of Intuitive Surgical by 1.6% in the 3rd quarter. Edgewood Management LLC now owns 2,499,999 shares of the medical equipment provider’s stock worth $1,434,999,000 after purchasing an additional 39,215 shares during the period. American Century Companies Inc. raised its holdings in shares of Intuitive Surgical by 1.8% in the 2nd quarter. American Century Companies Inc. now owns 1,422,488 shares of the medical equipment provider’s stock worth $680,632,000 after purchasing an additional 25,201 shares during the period. Finally, Jennison Associates LLC raised its holdings in shares of Intuitive Surgical by 773.4% in the 3rd quarter. Jennison Associates LLC now owns 1,387,243 shares of the medical equipment provider’s stock worth $796,277,000 after purchasing an additional 1,228,418 shares during the period. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently commented on the stock. Zacks Investment Research cut shares of Intuitive Surgical from a “buy” rating to a “hold” rating in a report on Thursday, November 29th. Citigroup lowered their price target on shares of Intuitive Surgical from $606.00 to $601.00 and set a “buy” rating on the stock in a report on Thursday, November 29th. UBS Group assumed coverage on shares of Intuitive Surgical in a report on Tuesday, November 27th. They issued a “neutral” rating and a $540.00 price target on the stock. Piper Jaffray Companies lifted their price target on shares of Intuitive Surgical from $613.00 to $625.00 and gave the stock an “overweight” rating in a report on Wednesday, October 31st. Finally, BTIG Research reaffirmed a “hold” rating on shares of Intuitive Surgical in a report on Sunday, October 21st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have issued a buy rating to the stock. Intuitive Surgical currently has an average rating of “Buy” and an average price target of $552.41.

Intuitive Surgical stock opened at $548.93 on Tuesday. Intuitive Surgical, Inc. has a 1-year low of $359.75 and a 1-year high of $581.12. The company has a market capitalization of $60.63 billion, a P/E ratio of 76.35, a price-to-earnings-growth ratio of 3.84 and a beta of 1.03.

Intuitive Surgical (NASDAQ:ISRG) last released its quarterly earnings data on Thursday, October 18th. The medical equipment provider reported $2.83 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $0.17. Intuitive Surgical had a net margin of 22.31% and a return on equity of 18.79%. The business had revenue of $920.90 million during the quarter, compared to analyst estimates of $916.22 million. During the same period in the previous year, the business earned $2.77 EPS. Intuitive Surgical’s revenue was up 14.0% compared to the same quarter last year. As a group, equities analysts predict that Intuitive Surgical, Inc. will post 9.52 earnings per share for the current fiscal year.

In related news, VP Marshall Mohr sold 7,500 shares of Intuitive Surgical stock in a transaction that occurred on Wednesday, October 31st. The shares were sold at an average price of $525.00, for a total value of $3,937,500.00. Following the completion of the transaction, the vice president now directly owns 17,321 shares in the company, valued at approximately $9,093,525. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Jamie Samath sold 864 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, October 23rd. The shares were sold at an average price of $499.21, for a total transaction of $431,317.44. Following the completion of the transaction, the vice president now owns 257 shares of the company’s stock, valued at $128,296.97. The disclosure for this sale can be found here. Insiders sold a total of 44,159 shares of company stock valued at $22,389,099 over the last quarter. 2.20% of the stock is owned by company insiders.

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Intuitive Surgical Profile

Intuitive Surgical, Inc designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. The company's da Vinci surgical System translates a surgeon's natural hand movements, which are performed on instrument controls at a console into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports.

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Institutional Ownership by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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