Whittier Trust Co. of Nevada Inc. maintained its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 957 shares of the medical equipment provider’s stock at the end of the second quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Intuitive Surgical were worth $895,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in shares of Intuitive Surgical by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 63,956 shares of the medical equipment provider’s stock worth $40,561,000 after buying an additional 1,480 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Intuitive Surgical by 7.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,360 shares of the medical equipment provider’s stock worth $862,000 after buying an additional 100 shares during the period. UBS Asset Management Americas Inc. raised its stake in shares of Intuitive Surgical by 19.8% in the fourth quarter. UBS Asset Management Americas Inc. now owns 105,606 shares of the medical equipment provider’s stock worth $66,974,000 after buying an additional 17,479 shares during the period. Perigon Wealth Management LLC raised its stake in shares of Intuitive Surgical by 5.9% in the fourth quarter. Perigon Wealth Management LLC now owns 2,255 shares of the medical equipment provider’s stock worth $1,680,000 after buying an additional 125 shares during the period. Finally, Kentucky Retirement Systems purchased a new stake in shares of Intuitive Surgical during the fourth quarter worth about $1,783,000. Institutional investors and hedge funds own 97.53% of the company’s stock.

Intuitive Surgical, Inc. (NASDAQ:ISRG) traded down 3.65% during trading on Friday, reaching $936.29. 560,439 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $934.93 and its 200-day moving average price is $803.42. The stock has a market capitalization of $34.49 billion, a price-to-earnings ratio of 47.20 and a beta of 0.39. Intuitive Surgical, Inc. has a 52 week low of $610.71 and a 52 week high of $974.66.

Intuitive Surgical (NASDAQ:ISRG) last announced its quarterly earnings data on Thursday, July 20th. The medical equipment provider reported $5.95 EPS for the quarter, beating the Zacks’ consensus estimate of $5.79 by $0.16. Intuitive Surgical had a net margin of 27.99% and a return on equity of 15.41%. The firm had revenue of $756.20 million for the quarter, compared to the consensus estimate of $724.51 million. During the same period in the previous year, the firm posted $5.62 earnings per share. The firm’s revenue was up 12.8% on a year-over-year basis. On average, equities analysts expect that Intuitive Surgical, Inc. will post $23.59 EPS for the current year.

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A number of analysts recently issued reports on ISRG shares. Canaccord Genuity restated a “buy” rating and set a $800.00 target price on shares of Intuitive Surgical in a research report on Friday, March 24th. Barclays PLC restated a “buy” rating and set a $800.00 target price on shares of Intuitive Surgical in a research report on Sunday, March 26th. Royal Bank Of Canada raised their target price on shares of Intuitive Surgical from $720.00 to $770.00 and gave the stock a “sector perform” rating in a research report on Monday, April 17th. Zacks Investment Research upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $860.00 target price on the stock in a research report on Tuesday, April 18th. Finally, Wedbush raised their target price on shares of Intuitive Surgical from $800.00 to $835.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Intuitive Surgical currently has an average rating of “Buy” and a consensus price target of $917.64.

In other Intuitive Surgical news, CFO Marshall Mohr sold 8,950 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The shares were sold at an average price of $835.89, for a total value of $7,481,215.50. Following the completion of the sale, the chief financial officer now directly owns 6,422 shares of the company’s stock, valued at $5,368,085.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark J. Rubash sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $931.51, for a total transaction of $2,794,530.00. Following the completion of the sale, the director now directly owns 4,151 shares of the company’s stock, valued at $3,866,698.01. The disclosure for this sale can be found here. Insiders have sold 28,041 shares of company stock worth $24,493,708 over the last ninety days. 2.50% 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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Institutional Ownership by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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