Private Advisor Group LLC Purchases 3,680 Shares of Intuitive Surgical, Inc. (ISRG)

Private Advisor Group LLC increased its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 282.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,981 shares of the medical equipment provider’s stock after acquiring an additional 3,680 shares during the quarter. Private Advisor Group LLC’s holdings in Intuitive Surgical were worth $1,793,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ISRG. Edgewood Management LLC grew its holdings in Intuitive Surgical by 200.7% during the 3rd quarter. Edgewood Management LLC now owns 2,898,113 shares of the medical equipment provider’s stock valued at $1,010,359,000 after buying an additional 1,934,382 shares in the last quarter. Koch Industries Inc. grew its holdings in Intuitive Surgical by 202,917.0% during the 2nd quarter. Koch Industries Inc. now owns 1,388,636 shares of the medical equipment provider’s stock valued at $1,387,000 after buying an additional 1,387,952 shares in the last quarter. FMR LLC grew its holdings in Intuitive Surgical by 19.6% during the 2nd quarter. FMR LLC now owns 2,724,964 shares of the medical equipment provider’s stock valued at $2,548,849,000 after buying an additional 447,397 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Intuitive Surgical by 7,931.4% during the 2nd quarter. Janus Henderson Group PLC now owns 412,170 shares of the medical equipment provider’s stock valued at $385,532,000 after buying an additional 407,038 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Intuitive Surgical by 57.5% during the 2nd quarter. Renaissance Technologies LLC now owns 307,100 shares of the medical equipment provider’s stock valued at $287,252,000 after buying an additional 112,130 shares in the last quarter. 32.81% of the stock is owned by institutional investors.

ISRG has been the subject of a number of recent analyst reports. Wedbush reaffirmed an “outperform” rating and set a $353.33 target price on shares of Intuitive Surgical in a report on Monday, September 25th. Barclays reaffirmed an “overweight” rating on shares of Intuitive Surgical in a report on Friday, October 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Intuitive Surgical in a report on Tuesday, September 5th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Intuitive Surgical in a report on Saturday, November 18th. Finally, Vetr lowered Intuitive Surgical from a “buy” rating to a “hold” rating and set a $111.83 target price for the company. in a report on Wednesday, August 16th. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Intuitive Surgical has an average rating of “Buy” and a consensus target price of $155.78.

In related news, SVP Curet Myriam sold 262 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $373.00, for a total value of $97,726.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Marshall Mohr sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $372.22, for a total value of $2,233,320.00. Following the completion of the sale, the chief financial officer now owns 12,316 shares of the company’s stock, valued at approximately $4,584,261.52. The disclosure for this sale can be found here. Insiders have sold 55,944 shares of company stock valued at $21,432,971 in the last three months. 2.20% of the stock is owned by insiders.

Intuitive Surgical, Inc. (NASDAQ ISRG) opened at $379.04 on Thursday. Intuitive Surgical, Inc. has a twelve month low of $203.57 and a twelve month high of $405.05. The company has a market capitalization of $41,401.66, a PE ratio of 48.90, a PEG ratio of 5.13 and a beta of 0.48.

Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings data on Thursday, October 19th. The medical equipment provider reported $2.77 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.99 by $0.78. Intuitive Surgical had a return on equity of 18.20% and a net margin of 30.16%. The company had revenue of $806.10 million during the quarter, compared to analyst estimates of $753.25 million. During the same quarter in the previous year, the firm earned $2.06 earnings per share. Intuitive Surgical’s revenue was up 18.0% on a year-over-year basis. analysts anticipate that Intuitive Surgical, Inc. will post 7.85 earnings per share for the current fiscal year.

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About Intuitive Surgical

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.

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

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