Breton Hill Capital Ltd. reduced its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 2.5% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 945 shares of the medical equipment provider’s stock after selling 24 shares during the period. Breton Hill Capital Ltd.’s holdings in Intuitive Surgical were worth $884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ISRG. Ipswich Investment Management Co. Inc. boosted its position in Intuitive Surgical by 13.0% in the first quarter. Ipswich Investment Management Co. Inc. now owns 390 shares of the medical equipment provider’s stock valued at $299,000 after buying an additional 45 shares in the last quarter. National Pension Service boosted its position in Intuitive Surgical by 2.9% in the first quarter. National Pension Service now owns 29,512 shares of the medical equipment provider’s stock valued at $22,614,000 after buying an additional 837 shares in the last quarter. Dynamic Advisors Solutions LLC boosted its position in Intuitive Surgical by 0.6% in the first quarter. Dynamic Advisors Solutions LLC now owns 905 shares of the medical equipment provider’s stock valued at $694,000 after buying an additional 5 shares in the last quarter. Gulf International Bank UK Ltd boosted its position in Intuitive Surgical by 2.1% in the first quarter. Gulf International Bank UK Ltd now owns 12,065 shares of the medical equipment provider’s stock valued at $9,247,000 after buying an additional 250 shares in the last quarter. Finally, Forte Capital LLC ADV boosted its position in Intuitive Surgical by 10.6% in the first quarter. Forte Capital LLC ADV now owns 2,562 shares of the medical equipment provider’s stock valued at $1,964,000 after buying an additional 245 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors.

Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) opened at 931.85 on Friday. The firm has a market cap of $34.62 billion, a price-to-earnings ratio of 44.63 and a beta of 0.39. Intuitive Surgical, Inc. has a 12-month low of $610.71 and a 12-month high of $974.66. The stock’s 50 day moving average is $937.07 and its 200 day moving average is $813.16.

Intuitive Surgical (NASDAQ:ISRG) last issued its earnings results on Thursday, July 20th. The medical equipment provider reported $5.95 EPS for the quarter, beating the consensus estimate of $5.79 by $0.16. The company had revenue of $756.20 million during the quarter, compared to analysts’ expectations of $724.51 million. Intuitive Surgical had a net margin of 28.44% and a return on equity of 15.99%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period in the previous year, the company earned $5.62 EPS. Equities analysts expect that Intuitive Surgical, Inc. will post $23.86 earnings per share for the current year.

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ISRG has been the topic of several recent analyst reports. Vetr downgraded shares of Intuitive Surgical from a “buy” rating to a “hold” rating and set a $1,010.56 target price on the stock. in a research note on Thursday, July 20th. Barclays PLC boosted their target price on shares of Intuitive Surgical from $870.00 to $1,000.00 and gave the company an “overweight” rating in a research note on Friday, July 21st. They noted that the move was a valuation call. J P Morgan Chase & Co reissued an “overweight” rating and set a $1,050.00 target price on shares of Intuitive Surgical in a research note on Friday, July 21st. Cantor Fitzgerald reissued a “hold” rating and set a $1,050.00 target price on shares of Intuitive Surgical in a research note on Friday, July 21st. Finally, BidaskClub raised shares of Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 23rd. Six research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $980.03.

In other news, SVP Curet Myriam sold 3,385 shares of the business’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $837.21, for a total value of $2,833,955.85. Following the completion of the transaction, the senior vice president now directly owns 2,657 shares in the company, valued at approximately $2,224,466.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Jamie Samath sold 48 shares of the business’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $850.00, for a total transaction of $40,800.00. The disclosure for this sale can be found here. Insiders sold a total of 19,523 shares of company stock valued at $17,686,418 over the last 90 days. Corporate insiders own 2.50% of the company’s stock.

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.

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

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