Kolinsky Wealth Management LLC Purchases 40 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Kolinsky Wealth Management LLC boosted its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRGFree Report) by 5.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 836 shares of the medical equipment provider’s stock after buying an additional 40 shares during the quarter. Kolinsky Wealth Management LLC’s holdings in Intuitive Surgical were worth $282,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in shares of Intuitive Surgical by 0.3% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 8,899 shares of the medical equipment provider’s stock valued at $3,002,000 after acquiring an additional 27 shares during the period. Sheaff Brock Investment Advisors LLC grew its stake in Intuitive Surgical by 1.3% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 2,226 shares of the medical equipment provider’s stock worth $751,000 after buying an additional 29 shares during the last quarter. Liberty Capital Management Inc. lifted its stake in shares of Intuitive Surgical by 3.8% during the fourth quarter. Liberty Capital Management Inc. now owns 815 shares of the medical equipment provider’s stock worth $275,000 after buying an additional 30 shares during the period. Miracle Mile Advisors LLC increased its holdings in shares of Intuitive Surgical by 2.3% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,438 shares of the medical equipment provider’s stock valued at $485,000 after purchasing an additional 32 shares during the period. Finally, Ausdal Financial Partners Inc. raised its stake in shares of Intuitive Surgical by 1.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 2,192 shares of the medical equipment provider’s stock worth $739,000 after purchasing an additional 33 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors.

Intuitive Surgical Stock Performance

Shares of ISRG traded down $0.54 during midday trading on Friday, hitting $417.61. 1,199,562 shares of the stock were exchanged, compared to its average volume of 1,153,523. Intuitive Surgical, Inc. has a 52-week low of $254.85 and a 52-week high of $420.57. The stock has a fifty day simple moving average of $388.98 and a 200 day simple moving average of $370.26. The firm has a market cap of $148.13 billion, a P/E ratio of 75.38, a P/E/G ratio of 5.40 and a beta of 1.39.

Intuitive Surgical (NASDAQ:ISRGGet Free Report) last released its earnings results on Thursday, April 18th. The medical equipment provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.10. Intuitive Surgical had a return on equity of 12.91% and a net margin of 27.16%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the company posted $1.00 EPS. Intuitive Surgical’s revenue was up 11.5% compared to the same quarter last year. As a group, equities research analysts forecast that Intuitive Surgical, Inc. will post 4.8 EPS for the current fiscal year.

Insider Buying and Selling at Intuitive Surgical

In other Intuitive Surgical news, EVP Robert Desantis sold 329 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $390.16, for a total value of $128,362.64. Following the sale, the executive vice president now owns 5,507 shares of the company’s stock, valued at approximately $2,148,611.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Robert Desantis sold 329 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $390.16, for a total transaction of $128,362.64. Following the completion of the transaction, the executive vice president now owns 5,507 shares in the company, valued at $2,148,611.12. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Myriam Curet sold 5,318 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $370.66, for a total value of $1,971,169.88. Following the completion of the sale, the executive vice president now owns 298 shares in the company, valued at $110,456.68. The disclosure for this sale can be found here. Insiders sold 21,687 shares of company stock valued at $8,367,952 in the last 90 days. Company insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

ISRG has been the subject of a number of recent research reports. BTIG Research raised their price target on shares of Intuitive Surgical from $412.00 to $421.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Citigroup boosted their target price on shares of Intuitive Surgical from $428.00 to $462.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. The Goldman Sachs Group assumed coverage on shares of Intuitive Surgical in a report on Thursday, May 30th. They issued a “buy” rating and a $500.00 price objective for the company. StockNews.com downgraded Intuitive Surgical from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Finally, Stifel Nicolaus boosted their target price on shares of Intuitive Surgical from $420.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, Intuitive Surgical presently has an average rating of “Moderate Buy” and an average price target of $403.67.

Get Our Latest Research Report on ISRG

About Intuitive Surgical

(Free Report)

Intuitive Surgical, Inc develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System that enables complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung.

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

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