Investment House LLC maintained its position in Intuitive Surgical Inc. (NASDAQ:ISRG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,110 shares of the company’s stock at the end of the second quarter. Investment House LLC’s holdings in Intuitive Surgical were worth $2,057,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Adage Capital Partners GP L.L.C. increased its position in Intuitive Surgical by 0.3% in the first quarter. Adage Capital Partners GP L.L.C. now owns 55,629 shares of the company’s stock valued at $33,436,000 after buying an additional 164 shares during the last quarter. Babson Capital Management LLC increased its position in Intuitive Surgical by 96.8% in the first quarter. Babson Capital Management LLC now owns 3,416 shares of the company’s stock valued at $2,053,000 after buying an additional 1,680 shares during the last quarter. Legal & General Group Plc increased its position in Intuitive Surgical by 2.9% in the first quarter. Legal & General Group Plc now owns 157,808 shares of the company’s stock valued at $94,849,000 after buying an additional 4,398 shares during the last quarter. AMP Capital Investors Ltd increased its position in Intuitive Surgical by 27.0% in the first quarter. AMP Capital Investors Ltd now owns 15,995 shares of the company’s stock valued at $9,570,000 after buying an additional 3,400 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI acquired a new position in Intuitive Surgical during the first quarter valued at approximately $3,579,000. 91.90% of the stock is currently owned by hedge funds and other institutional investors.

Intuitive Surgical Inc. (NASDAQ:ISRG) traded up 0.60% on Wednesday, hitting $703.06. 320,344 shares of the stock were exchanged. Intuitive Surgical Inc. has a 1-year low of $447.00 and a 1-year high of $720.01. The company has a 50-day moving average price of $688.84 and a 200 day moving average price of $648.41. The company has a market capitalization of $27.06 billion, a PE ratio of 39.90 and a beta of 0.73.

Intuitive Surgical (NASDAQ:ISRG) last issued its earnings results on Tuesday, July 19th. The company reported $5.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.97 by $0.65. The company had revenue of $670 million for the quarter, compared to analysts’ expectations of $640.69 million. Intuitive Surgical had a net margin of 26.80% and a return on equity of 15.25%. During the same period in the prior year, the firm earned $4.57 EPS. Analysts anticipate that Intuitive Surgical Inc. will post $21.30 EPS for the current fiscal year.

ISRG has been the topic of several analyst reports. Raymond James Financial Inc. initiated coverage on shares of Intuitive Surgical in a research report on Friday, August 26th. They set an “outperform” rating on the stock. Zacks Investment Research raised Intuitive Surgical from a “hold” rating to a “buy” rating and set a $753.00 price target on the stock in a research report on Wednesday, September 14th. BTIG Research reaffirmed a “hold” rating on shares of Intuitive Surgical in a research report on Tuesday. Citigroup Inc. reaffirmed a “buy” rating on shares of Intuitive Surgical in a research report on Thursday, June 2nd. Finally, Leerink Swann reaffirmed an “outperform” rating and issued a $780.00 price target on shares of Intuitive Surgical in a research report on Monday. One analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $701.42.

In other news, CFO Marshall Mohr sold 5,000 shares of the company’s stock in a transaction dated Wednesday, July 27th. The shares were sold at an average price of $684.09, for a total value of $3,420,450.00. Following the sale, the chief financial officer now directly owns 6,725 shares of the company’s stock, valued at approximately $4,600,505.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark J. Meltzer sold 3,000 shares of the company’s stock in a transaction dated Monday, August 22nd. The shares were sold at an average price of $688.33, for a total transaction of $2,064,990.00. Following the completion of the sale, the senior vice president now directly owns 2,331 shares in the company, valued at $1,604,497.23. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by insiders.

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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