Intuitive Surgical, Inc. (NASDAQ:ISRG) insider Craig H. Barratt sold 7,500 shares of the stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $381.00, for a total value of $2,857,500.00. Following the completion of the transaction, the insider now directly owns 7,500 shares in the company, valued at approximately $2,857,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Intuitive Surgical, Inc. (ISRG) traded up 0.02% during mid-day trading on Friday, hitting $372.45. The company had a trading volume of 481,246 shares. The company has a 50-day moving average price of $353.17 and a 200 day moving average price of $316.43. Intuitive Surgical, Inc. has a 12 month low of $203.57 and a 12 month high of $378.32. The firm has a market capitalization of $41.51 billion, a P/E ratio of 53.52 and a beta of 0.39.

Intuitive Surgical (NASDAQ:ISRG) last released its quarterly earnings results on Thursday, October 19th. The medical equipment provider reported $2.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.78. The company had revenue of $806.10 million during the quarter, compared to analysts’ expectations of $753.25 million. Intuitive Surgical had a return on equity of 18.20% and a net margin of 30.16%. Intuitive Surgical’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.06 EPS. Equities analysts forecast that Intuitive Surgical, Inc. will post $8.67 EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. raised its holdings in Intuitive Surgical by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 647 shares of the medical equipment provider’s stock worth $605,000 after purchasing an additional 2 shares during the period. Chilton Investment Co. LLC raised its holdings in shares of Intuitive Surgical by 0.4% during the second quarter. Chilton Investment Co. LLC now owns 502 shares of the medical equipment provider’s stock valued at $470,000 after acquiring an additional 2 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC raised its holdings in shares of Intuitive Surgical by 0.5% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 370 shares of the medical equipment provider’s stock valued at $346,000 after acquiring an additional 2 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Intuitive Surgical by 1.4% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 284 shares of the medical equipment provider’s stock valued at $266,000 after acquiring an additional 4 shares during the last quarter. Finally, Wetherby Asset Management Inc. raised its holdings in shares of Intuitive Surgical by 1.4% during the second quarter. Wetherby Asset Management Inc. now owns 361 shares of the medical equipment provider’s stock valued at $338,000 after acquiring an additional 5 shares during the last quarter. 31.40% of the stock is owned by institutional investors.

A number of research analysts have weighed in on the company. Morgan Stanley reissued an “overweight” rating on shares of Intuitive Surgical in a report on Tuesday, September 5th. BidaskClub raised Intuitive Surgical from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Leerink Swann reissued an “outperform” rating on shares of Intuitive Surgical in a report on Wednesday, July 5th. Zacks Investment Research raised Intuitive Surgical from a “hold” rating to a “buy” rating and set a $418.00 target price on the stock in a report on Wednesday. Finally, Wells Fargo & Company reaffirmed a “buy” rating on shares of Intuitive Surgical in a research note on Monday, October 16th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Intuitive Surgical currently has an average rating of “Buy” and an average price target of $154.72.

Intuitive Surgical Company Profile

Intuitive Surgical, Inc (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s 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.

Insider Buying and Selling by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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