Joel Isaacson & Co. LLC continued to hold its position in shares of 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 300 shares of the medical equipment provider’s stock at the end of the second quarter. Joel Isaacson & Co. LLC’s holdings in Intuitive Surgical were worth $281,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Candriam Luxembourg S.C.A. increased its position in shares of Intuitive Surgical by 3.1% in the first quarter. Candriam Luxembourg S.C.A. now owns 17,725 shares of the medical equipment provider’s stock valued at $13,586,000 after buying an additional 537 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Intuitive Surgical during the first quarter valued at about $482,000. Cambridge Advisors Inc. acquired a new position in shares of Intuitive Surgical during the first quarter valued at about $209,000. Rothschild Investment Corp IL increased its position in shares of Intuitive Surgical by 1.8% in the first quarter. Rothschild Investment Corp IL now owns 1,660 shares of the medical equipment provider’s stock valued at $1,272,000 after buying an additional 30 shares during the last quarter. Finally, Huntington National Bank increased its position in shares of Intuitive Surgical by 14.1% in the first quarter. Huntington National Bank now owns 170 shares of the medical equipment provider’s stock valued at $130,000 after buying an additional 21 shares during the last quarter. 96.84% of the stock is currently owned by institutional investors.

Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) opened at 943.45 on Thursday. The stock has a market cap of $35.05 billion, a P/E ratio of 45.19 and a beta of 0.39. The company’s 50-day moving average is $942.17 and its 200-day moving average is $831.00. Intuitive Surgical, Inc. has a 12-month low of $610.71 and a 12-month high of $974.66.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings data on Thursday, July 20th. The medical equipment provider reported $5.95 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $5.79 by $0.16. Intuitive Surgical had a net margin of 28.44% and a return on equity of 15.99%. The company had revenue of $756.20 million during the quarter, compared to analyst estimates of $724.51 million. During the same quarter last year, the firm posted $5.62 EPS. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, analysts expect that Intuitive Surgical, Inc. will post $23.86 earnings per share for the current fiscal year.

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Several research analysts have issued reports on the stock. Vetr downgraded shares of Intuitive Surgical from a “buy” rating to a “hold” rating and set a $1,010.56 price objective on the stock. in a research report on Thursday, July 20th. Barclays PLC lifted their target price on shares of Intuitive Surgical from $870.00 to $1,000.00 and gave the company an “overweight” rating in a report on Friday, July 21st. They noted that the move was a valuation call. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $1,050.00 target price on shares of Intuitive Surgical in a report on Friday, July 21st. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $1,050.00 target price on shares of Intuitive Surgical in a report on Friday, July 21st. Finally, BidaskClub raised shares of Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a report on Friday, June 23rd. Seven analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Intuitive Surgical has an average rating of “Buy” and a consensus target price of $980.03.

In other news, VP Jamie Samath sold 1,946 shares of the firm’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $921.26, for a total transaction of $1,792,771.96. Following the completion of the transaction, the vice president now owns 130 shares in the company, valued at approximately $119,763.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Curet Myriam sold 750 shares of the firm’s stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $930.00, for a total transaction of $697,500.00. Following the transaction, the senior vice president now owns 1,428 shares of the company’s stock, valued at approximately $1,328,040. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,065 shares of company stock valued at $31,659,090. Insiders own 2.50% of the company’s stock.

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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