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Intuitive Surgical (NASDAQ:ISRG) SVP Colin Morales sold 4,105 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $478.66, for a total value of $1,964,899.30. Following the sale, the senior vice president now directly owns 102 shares of the company’s stock, valued at approximately $48,823. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on ISRG. Analysts at Zacks reiterated a “neutral” rating on shares of Intuitive Surgical in a research note on Thursday, July 24th. They now have a $485.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Intuitive Surgical in a research note on Wednesday, July 23rd. They set a “positive” rating and a $370.00 price target on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Intuitive Surgical from $420.00 to $465.00 in a research note on Wednesday, July 23rd. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $462.00.

Intuitive Surgical (NASDAQ:ISRG) traded down 1.58% on Wednesday, hitting $471.11. The stock had a trading volume of 171,645 shares. Intuitive Surgical has a 1-year low of $346.46 and a 1-year high of $541.23. The stock has a 50-day moving average of $440.1 and a 200-day moving average of $418.0. The company has a market cap of $16.937 billion and a P/E ratio of 39.33.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $3.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.82 by $0.91. The company had revenue of $512.00 million for the quarter, compared to the consensus estimate of $502.23 million. During the same quarter last year, the company posted $3.90 earnings per share. Intuitive Surgical’s revenue was down 11.5% compared to the same quarter last year. Analysts expect that Intuitive Surgical will post $15.27 EPS for the current fiscal year.

Intuitive Surgical, Inc (NASDAQ:ISRG) designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories.

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