Capital Impact Advisors LLC increased its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 200.0% during the fourth quarter, Holdings Channel reports. The fund owned 3,654 shares of the medical equipment provider’s stock after buying an additional 2,436 shares during the period. Capital Impact Advisors LLC’s holdings in Intuitive Surgical were worth $1,333,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ISRG. Neuberger Berman Group LLC boosted its holdings in Intuitive Surgical by 112.1% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,336 shares of the medical equipment provider’s stock valued at $1,250,000 after purchasing an additional 706 shares during the last quarter. Martingale Asset Management L P boosted its holdings in Intuitive Surgical by 22.0% in the 2nd quarter. Martingale Asset Management L P now owns 1,663 shares of the medical equipment provider’s stock valued at $1,556,000 after purchasing an additional 300 shares during the last quarter. BlueMountain Capital Management LLC acquired a new position in Intuitive Surgical in the 2nd quarter valued at about $240,000. PNC Financial Services Group Inc. boosted its holdings in Intuitive Surgical by 3.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 13,820 shares of the medical equipment provider’s stock valued at $12,927,000 after purchasing an additional 509 shares during the last quarter. Finally, Thrivent Financial For Lutherans boosted its holdings in Intuitive Surgical by 3.0% in the 2nd quarter. Thrivent Financial For Lutherans now owns 1,390 shares of the medical equipment provider’s stock valued at $1,300,000 after purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 32.82% of the company’s stock.

In related news, SVP Curet Myriam sold 262 shares of the company’s stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $373.00, for a total transaction of $97,726.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Marshall Mohr sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $372.22, for a total transaction of $2,233,320.00. Following the sale, the chief financial officer now directly owns 12,316 shares in the company, valued at $4,584,261.52. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,944 shares of company stock worth $21,432,971. 2.20% of the stock is owned by insiders.

Several equities analysts have weighed in on the stock. BidaskClub upgraded shares of Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 11th. Barclays reiterated an “overweight” rating and issued a $465.00 target price on shares of Intuitive Surgical in a report on Thursday, January 11th. Goldman Sachs Group reiterated a “buy” rating on shares of Intuitive Surgical in a report on Saturday, November 18th. Zacks Investment Research upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $436.00 target price on the stock in a report on Tuesday, November 14th. Finally, Vetr upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $434.75 target price on the stock in a report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Intuitive Surgical currently has a consensus rating of “Buy” and an average price target of $357.44.

Shares of Intuitive Surgical, Inc. (NASDAQ ISRG) traded up $1.03 during mid-day trading on Tuesday, hitting $420.07. 1,007,302 shares of the stock traded hands, compared to its average volume of 1,086,380. Intuitive Surgical, Inc. has a 52-week low of $217.19 and a 52-week high of $426.98. The firm has a market cap of $47,070.00, a price-to-earnings ratio of 54.27, a P/E/G ratio of 5.65 and a beta of 0.47.

Intuitive Surgical (NASDAQ:ISRG) last announced its earnings results on Thursday, October 19th. The medical equipment provider reported $2.77 earnings per share for the quarter, topping 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 firm had revenue of $806.10 million for the quarter, compared to the consensus estimate of $753.25 million. During the same period in the prior year, the firm earned $2.06 EPS. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. analysts forecast that Intuitive Surgical, Inc. will post 7.93 earnings per share for the current fiscal year.

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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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