Intuitive Surgical, Inc. (NASDAQ:ISRG) COO Salvatore Brogna sold 6,082 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $397.61, for a total value of $2,418,264.02. Following the completion of the sale, the chief operating officer now directly owns 3,096 shares of the company’s stock, valued at approximately $1,231,000.56. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Intuitive Surgical, Inc. (NASDAQ:ISRG) opened at $369.95 on Tuesday. The stock has a market capitalization of $44,444.88, a price-to-earnings ratio of 52.49, a P/E/G ratio of 5.51 and a beta of 0.48. Intuitive Surgical, Inc. has a 52 week low of $203.57 and a 52 week high of $405.05.

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

A number of research firms have recently weighed in on ISRG. Vetr cut Intuitive Surgical from a “buy” rating to a “hold” rating and set a $111.83 price objective for the company. in a research report on Wednesday, August 16th. BidaskClub raised Intuitive Surgical from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Canaccord Genuity reissued a “hold” rating on shares of Intuitive Surgical in a research report on Tuesday, October 17th. Wells Fargo & Company reissued a “buy” rating on shares of Intuitive Surgical in a research report on Monday, October 16th. Finally, Zacks Investment Research cut Intuitive Surgical from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Intuitive Surgical currently has an average rating of “Buy” and an average target price of $155.78.

A number of hedge funds have recently modified their holdings of ISRG. ETF Managers Group LLC purchased a new position in Intuitive Surgical in the 2nd quarter worth $110,000. Harvest Fund Management Co. Ltd purchased a new position in Intuitive Surgical in the 2nd quarter worth $120,000. Parallel Advisors LLC raised its stake in Intuitive Surgical by 3.9% in the 2nd quarter. Parallel Advisors LLC now owns 159 shares of the medical equipment provider’s stock worth $149,000 after acquiring an additional 6 shares during the last quarter. Lincoln National Corp purchased a new position in Intuitive Surgical in the 3rd quarter worth $200,000. Finally, MUFG Americas Holdings Corp purchased a new position in Intuitive Surgical in the 3rd quarter worth $208,000. Institutional investors own 32.81% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright legislation. The original version of this piece can be accessed at https://www.watchlistnews.com/intuitive-surgical-inc-isrg-coo-salvatore-brogna-sells-6082-shares/1744449.html.

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.

Insider Buying and Selling by Quarter for Intuitive Surgical (NASDAQ:ISRG)

Receive News & Ratings for Intuitive Surgical Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.