Ritholtz Wealth Administration lifted its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 4.0% within the second quarter, Holdings Channel reviews. The fund owned 3,875 shares of the medical tools supplier’s inventory after buying a further 148 shares in the course of the quarter. Ritholtz Wealth Administration’s holdings in Intuitive Surgical have been value $1,724,000 on the finish of the newest quarter.
A number of different institutional traders and hedge funds additionally lately added to or decreased their stakes within the inventory. Vanguard Group Inc. raised its holdings in shares of Intuitive Surgical by 1.6% within the first quarter. Vanguard Group Inc. now owns 30,868,620 shares of the medical tools supplier’s inventory value $12,319,358,000 after shopping for a further 493,126 shares in the course of the interval. Worth T Rowe Associates Inc. MD grew its place in shares of Intuitive Surgical by 1.6% in the course of the 4th quarter. Worth T Rowe Associates Inc. MD now owns 16,973,266 shares of the medical tools supplier’s inventory value $5,726,102,000 after shopping for a further 272,741 shares within the final quarter. Capital World Buyers elevated its place in Intuitive Surgical by 1.0% in the course of the 1st quarter. Capital World Buyers now owns 7,284,269 shares of the medical tools supplier’s inventory valued at $2,907,079,000 after buying a further 73,634 shares in the course of the interval. Edgewood Administration LLC lifted its place in shares of Intuitive Surgical by 7.9% within the 4th quarter. Edgewood Administration LLC now owns 5,131,066 shares of the medical tools supplier’s inventory value $1,731,016,000 after buying a further 374,667 shares in the course of the interval. Lastly, Jennison Associates LLC boosted its place in Intuitive Surgical by 4.6% in the course of the 1st quarter. Jennison Associates LLC now owns 4,488,343 shares of the medical tools supplier’s inventory valued at $1,791,253,000 after buying a further 198,483 shares within the final quarter. Hedge funds and different institutional traders personal 83.64% of the corporate’s inventory.
Insider Exercise
In different Intuitive Surgical information, Director Craig H. Barratt bought 1,400 shares of Intuitive Surgical inventory in a transaction dated Wednesday, June fifth. The shares have been bought at a median worth of $411.00, for a complete transaction of $575,400.00. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is offered by this hyperlink. In associated information, Director Craig H. Barratt bought 1,400 shares of the inventory in a transaction dated Wednesday, June fifth. The inventory was bought at a median worth of $411.00, for a complete transaction of $575,400.00. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. Additionally, EVP Robert Desantis bought 239 shares of the enterprise’s inventory in a transaction dated Monday, June tenth. The inventory was bought at a median worth of $416.60, for a complete transaction of $99,567.40. Following the sale, the chief vice chairman now owns 5,506 shares within the firm, valued at $2,293,799.60. The disclosure for this sale could be discovered right here. Insiders have bought a complete of 53,056 shares of firm inventory valued at $25,276,044 within the final quarter. Insiders personal 0.90% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
Plenty of analysts have lately weighed in on ISRG shares. Truist Monetary raised their worth goal on shares of Intuitive Surgical from $450.00 to $515.00 and gave the corporate a “purchase” ranking in a report on Tuesday, July sixteenth. Robert W. Baird upped their goal worth on Intuitive Surgical from $487.00 to $503.00 and gave the corporate an “outperform” ranking in a analysis report on Friday, July nineteenth. Stifel Nicolaus lifted their goal worth on shares of Intuitive Surgical from $430.00 to $475.00 and gave the inventory a “purchase” ranking in a analysis notice on Friday, July nineteenth. Evercore ISI decreased their goal worth on Intuitive Surgical from $425.00 to $410.00 and set an “in-line” ranking for the corporate in a analysis notice on Friday, July nineteenth. Lastly, Redburn Atlantic raised Intuitive Surgical from a “impartial” ranking to a “purchase” ranking and elevated their worth goal for the corporate from $380.00 to $510.00 in a report on Friday, August 2nd. Six analysts have rated the inventory with a maintain ranking and fifteen have given a purchase ranking to the inventory. Based mostly on knowledge from MarketBeat.com, Intuitive Surgical presently has a median ranking of “Average Purchase” and a median goal worth of $446.45.
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Intuitive Surgical Buying and selling Up 1.1 %
ISRG inventory opened at $492.63 on Monday. The agency has a 50-day shifting common of $454.69 and a two-hundred day shifting common of $414.94. Intuitive Surgical, Inc. has a 12 month low of $254.85 and a 12 month excessive of $493.97. The corporate has a market cap of $175.06 billion, a price-to-earnings ratio of 88.92, a PEG ratio of 5.43 and a beta of 1.39.
Intuitive Surgical (NASDAQ:ISRG – Get Free Report) final posted its quarterly earnings outcomes on Thursday, July 18th. The medical tools supplier reported $1.78 EPS for the quarter, topping the consensus estimate of $1.54 by $0.24. Intuitive Surgical had a return on fairness of 13.04% and a internet margin of 27.65%. The enterprise had income of $2.01 billion for the quarter, in comparison with analyst estimates of $1.97 billion. Throughout the identical quarter within the earlier yr, the agency earned $1.18 EPS. The corporate’s quarterly income was up 14.5% in comparison with the identical quarter final yr. As a gaggle, equities analysts forecast that Intuitive Surgical, Inc. will publish 5.22 earnings per share for the present yr.
Intuitive Surgical Firm Profile
Intuitive Surgical, Inc develops, manufactures, and markets merchandise that allow physicians and healthcare suppliers to boost the standard of and entry to minimally invasive care in the US and internationally. The corporate presents the da Vinci Surgical System that allows complicated surgical procedure utilizing a minimally invasive strategy; and Ion endoluminal system, which extends its business choices past surgical procedure into diagnostic procedures enabling minimally invasive biopsies within the lung.
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