Intuitive Surgical Inc. (NASDAQ:ISRG)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $673.74 and last traded at $673.01, with a volume of 123,094 shares trading hands. The stock had previously closed at $664.67.

A number of equities analysts have recently issued reports on ISRG shares. Bank of America Corp. reiterated a “buy” rating and set a $640.00 price objective on shares of Intuitive Surgical in a research note on Monday, March 14th. Canaccord Genuity started coverage on shares of Intuitive Surgical in a research note on Thursday, March 17th. They set a “buy” rating and a $664.00 price objective on the stock. Piper Jaffray Cos. reiterated a “hold” rating and set a $550.00 price objective on shares of Intuitive Surgical in a research note on Thursday, March 31st. BTIG Research downgraded shares of Intuitive Surgical from a “buy” rating to a “neutral” rating and set a $600.00 price objective on the stock. in a research note on Friday, April 1st. They noted that the move was a valuation call. Finally, Goldman Sachs Group Inc. increased their price objective on shares of Intuitive Surgical from $633.00 to $664.00 in a research note on Friday, April 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the stock. Intuitive Surgical presently has a consensus rating of “Buy” and an average price target of $662.70.

The stock’s 50 day moving average is $644.94 and its 200 day moving average is $595.69. The company has a market cap of $25.70 billion and a price-to-earnings ratio of 40.94.

Intuitive Surgical (NASDAQ:ISRG) last issued its earnings results on Tuesday, April 19th. The company reported $4.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.33 by $0.09. The company earned $594.50 million during the quarter, compared to analyst estimates of $593.08 million. The company’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.57 EPS. Equities research analysts forecast that Intuitive Surgical Inc. will post $20.67 EPS for the current year.

In related news, Director Alan J. Levy sold 542 shares of the company’s stock in a transaction on Tuesday, April 26th. The shares were sold at an average price of $631.72, for a total value of $342,392.24. Following the completion of the sale, the director now owns 2,213 shares in the company, valued at approximately $1,397,996.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director George Stalk, Jr. sold 7,644 shares of the company’s stock in a transaction on Tuesday, May 3rd. The shares were sold at an average price of $618.70, for a total transaction of $4,729,342.80. Following the completion of the sale, the director now owns 2,026 shares of the company’s stock, valued at approximately $1,253,486.20. The disclosure for this sale can be found here.

Other hedge funds have added to or reduced their stakes in the company. BOKF NA increased its stake in Intuitive Surgical by 21.2% in the fourth quarter. BOKF NA now owns 2,169 shares of the company’s stock valued at $1,185,000 after buying an additional 379 shares during the period. Mizuho Trust & Banking Co. Ltd. increased its stake in Intuitive Surgical by 0.8% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 55,987 shares of the company’s stock valued at $30,933,000 after buying an additional 470 shares during the period. Quantitative Investment Management LLC acquired a new stake in Intuitive Surgical during the fourth quarter valued at approximately $1,693,000. GAM Holding AG increased its stake in Intuitive Surgical by 26.6% in the fourth quarter. GAM Holding AG now owns 11,935 shares of the company’s stock valued at $6,519,000 after buying an additional 2,509 shares during the period. Finally, Vanguard Group Inc. increased its stake in Intuitive Surgical by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 2,187,624 shares of the company’s stock valued at $1,194,794,000 after buying an additional 70,222 shares during the period.

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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