Simplicity Wealth LLC minimize its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 95.8% within the third quarter, in accordance with the corporate in its most up-to-date submitting with the Securities and Alternate Fee (SEC). The fund owned 1,171 shares of the medical tools supplier’s inventory after promoting 26,975 shares through the quarter. Simplicity Wealth LLC’s holdings in Intuitive Surgical have been price $575,000 on the finish of the newest quarter.
Numerous different hedge funds have additionally modified their holdings of the corporate. Livforsakringsbolaget Skandia Omsesidigt elevated its stake in Intuitive Surgical by 356.7% within the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,923 shares of the medical tools supplier’s inventory valued at $1,436,000 after buying a further 2,283 shares within the final quarter. Hilltop Wealth Advisors LLC purchased a brand new stake in shares of Intuitive Surgical within the third quarter valued at $866,000. JGP Wealth Administration LLC raised its stake in Intuitive Surgical by 4.3% through the third quarter. JGP Wealth Administration LLC now owns 2,051 shares of the medical tools supplier’s inventory price $1,008,000 after shopping for a further 84 shares through the interval. LVW Advisors LLC lifted its holdings in Intuitive Surgical by 8.3% through the third quarter. LVW Advisors LLC now owns 1,429 shares of the medical tools supplier’s inventory price $702,000 after buying a further 109 shares within the final quarter. Lastly, Price Asset Administration LLC purchased a brand new place in Intuitive Surgical through the third quarter price about $1,363,000. 83.64% of the inventory is presently owned by institutional buyers and hedge funds.
Intuitive Surgical Buying and selling Up 0.2 %
NASDAQ ISRG opened at $484.78 on Monday. The agency’s fifty day transferring common worth is $480.34 and its two-hundred day transferring common worth is $435.19. Intuitive Surgical, Inc. has a 1 12 months low of $254.85 and a 1 12 months excessive of $496.48. The agency has a market capitalization of $171.95 billion, a P/E ratio of 87.51, a price-to-earnings-growth ratio of 5.40 and a beta of 1.39.
Intuitive Surgical (NASDAQ:ISRG – Get Free Report) final issued its earnings outcomes on Thursday, July 18th. The medical tools supplier reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.24. The enterprise had income of $2.01 billion through the quarter, in comparison with the consensus estimate of $1.97 billion. Intuitive Surgical had a web margin of 27.65% and a return on fairness of 13.04%. Intuitive Surgical’s income was up 14.5% on a year-over-year foundation. Throughout the identical interval final 12 months, the enterprise posted $1.18 EPS. On common, analysis analysts anticipate that Intuitive Surgical, Inc. will put up 5.22 EPS for the present fiscal 12 months.
Wall Road Analysts Forecast Progress
ISRG has been the subject of quite a lot of analysis analyst stories. Truist Monetary raised their worth goal on Intuitive Surgical from $450.00 to $515.00 and gave the inventory a “purchase” ranking in a analysis report on Tuesday, July sixteenth. Barclays lifted their worth goal on shares of Intuitive Surgical from $430.00 to $490.00 and gave the corporate an “chubby” ranking in a analysis observe on Thursday, July 18th. Morgan Stanley raised their worth goal on shares of Intuitive Surgical from $375.00 to $460.00 and gave the inventory an “equal weight” ranking in a report on Monday, July fifteenth. Robert W. Baird upped their goal worth on shares of Intuitive Surgical from $487.00 to $503.00 and gave the inventory an “outperform” ranking in a analysis observe on Friday, July nineteenth. Lastly, Redburn Atlantic upgraded Intuitive Surgical from a “impartial” ranking to a “purchase” ranking and boosted 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 issued a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the corporate has a consensus ranking of “Reasonable Purchase” and a mean goal worth of $458.35.
Learn Our Newest Report on Intuitive Surgical
Insider Exercise
In associated information, SVP Henry L. Charlton bought 40,243 shares of the enterprise’s inventory in a transaction that occurred on Friday, August twenty third. The inventory was bought at a mean worth of $486.84, for a complete transaction of $19,591,902.12. Following the transaction, the senior vice chairman now straight owns 3,001 shares of the corporate’s inventory, valued at roughly $1,461,006.84. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which may be accessed by means of the SEC web site. In associated information, SVP Henry L. Charlton bought 40,243 shares of the corporate’s inventory in a transaction dated Friday, August twenty third. The shares have been bought at a mean worth of $486.84, for a complete worth of $19,591,902.12. Following the transaction, the senior vice chairman now owns 3,001 shares within the firm, valued at roughly $1,461,006.84. This represents a 0.00 % lower of their place. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by means of the SEC web site. Additionally, EVP Robert Desantis bought 376 shares of the agency’s inventory in a transaction that occurred on Monday, July twenty ninth. The inventory was bought at a mean worth of $446.60, for a complete transaction of $167,921.60. Following the sale, the chief vice chairman now owns 5,506 shares of the corporate’s inventory, valued at $2,458,979.60. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Insiders bought a complete of 53,120 shares of firm inventory valued at $25,528,753 over the past three months. Insiders personal 0.90% of the corporate’s inventory.
Intuitive Surgical 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 america and internationally. The corporate provides the da Vinci Surgical System that allows advanced surgical procedure utilizing a minimally invasive method; and Ion endoluminal system, which extends its business choices past surgical procedure into diagnostic procedures enabling minimally invasive biopsies within the lung.
Additional Studying
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