Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,839 shares of the medical equipment provider’s stock after purchasing an additional 1,592 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Intuitive Surgical were worth $35,392,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC raised its holdings in Intuitive Surgical by 19.6% during the 2nd quarter. FMR LLC now owns 2,724,964 shares of the medical equipment provider’s stock worth $2,548,849,000 after purchasing an additional 447,397 shares during the last quarter. Vanguard Group Inc. raised its holdings in Intuitive Surgical by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 2,524,027 shares of the medical equipment provider’s stock worth $2,360,900,000 after purchasing an additional 20,210 shares during the last quarter. Koch Industries Inc. raised its holdings in Intuitive Surgical by 202,917.0% during the 2nd quarter. Koch Industries Inc. now owns 1,388,636 shares of the medical equipment provider’s stock worth $1,387,000 after purchasing an additional 1,387,952 shares during the last quarter. Alliancebernstein L.P. raised its holdings in Intuitive Surgical by 3.3% during the 2nd quarter. Alliancebernstein L.P. now owns 690,780 shares of the medical equipment provider’s stock worth $646,135,000 after purchasing an additional 21,795 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in Intuitive Surgical by 1.6% during the 2nd quarter. American Century Companies Inc. now owns 560,621 shares of the medical equipment provider’s stock worth $524,388,000 after purchasing an additional 8,629 shares during the last quarter. Hedge funds and other institutional investors own 31.30% of the company’s stock.

In other Intuitive Surgical news, CFO Marshall Mohr sold 6,000 shares of Intuitive Surgical stock in a transaction on Monday, October 30th. The shares were sold at an average price of $372.22, for a total transaction of $2,233,320.00. Following the transaction, the chief financial officer now directly owns 12,316 shares of the company’s stock, valued at approximately $4,584,261.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Jamie Samath sold 1,564 shares of Intuitive Surgical stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $371.19, for a total transaction of $580,541.16. The disclosure for this sale can be found here. Insiders have sold a total of 36,076 shares of company stock worth $15,208,381 over the last ninety days. Insiders own 2.20% of the company’s stock.

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Intuitive Surgical, Inc. (ISRG) traded up $2.97 during midday trading on Tuesday, reaching $392.12. 846,000 shares of the company traded hands, compared to its average volume of 973,879. Intuitive Surgical, Inc. has a twelve month low of $203.57 and a twelve month high of $393.51. The firm has a market cap of $43,980.00, a P/E ratio of 51.50, a P/E/G ratio of 5.44 and a beta of 0.46.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings results on Thursday, October 19th. The medical equipment provider reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.78. Intuitive Surgical had a net margin of 30.16% and a return on equity of 18.20%. The business had revenue of $806.10 million during the quarter, compared to the consensus estimate of $753.25 million. During the same quarter last year, the firm posted $2.06 EPS. Intuitive Surgical’s revenue was up 18.0% compared to the same quarter last year. analysts forecast that Intuitive Surgical, Inc. will post 7.85 EPS for the current fiscal year.

Several research analysts have issued reports on ISRG shares. BidaskClub lowered shares of Intuitive Surgical from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Citigroup Inc. restated a “buy” rating and set a $119.78 price target (up previously from $101.89) on shares of Intuitive Surgical in a report on Monday, July 24th. Stifel Nicolaus restated a “buy” rating and set a $122.22 price target (up previously from $94.44) on shares of Intuitive Surgical in a report on Saturday, July 22nd. Vetr upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $113.37 price target for the company in a report on Thursday, August 17th. Finally, Wedbush reaffirmed a “buy” rating on shares of Intuitive Surgical in a research report on Tuesday, October 10th. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $155.78.

Intuitive Surgical 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.

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

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