Intuitive Surgical, Inc. (NASDAQ:ISRG) Director Keith R. Leonard sold 854 shares of the stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $1,000.00, for a total transaction of $854,000.00. Following the transaction, the director now owns 754 shares in the company, valued at approximately $754,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Intuitive Surgical, Inc. (NASDAQ ISRG) traded up 0.18% on Friday, reaching $1006.45. 107,396 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $959.20 and a 200 day moving average price of $862.72. The stock has a market cap of $37.39 billion, a price-to-earnings ratio of 48.21 and a beta of 0.39. Intuitive Surgical, Inc. has a 12-month low of $610.71 and a 12-month high of $1,008.62. Intuitive Surgical’s stock is scheduled to split before the market opens on Friday, October 6th. The 3-1 split was announced on Friday, August 11th. The newly issued shares will be distributed to shareholders after the market closes on Thursday, October 5th.

Intuitive Surgical (NASDAQ:ISRG) last announced its quarterly earnings data on Thursday, July 20th. The medical equipment provider reported $1.98 EPS for the quarter, beating the consensus estimate of $1.93 by $0.05. Intuitive Surgical had a net margin of 28.44% and a return on equity of 15.99%. The business had revenue of $756.20 million during the quarter, compared to analysts’ expectations of $724.51 million. During the same period in the previous year, the business posted $1.87 EPS. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. Analysts forecast that Intuitive Surgical, Inc. will post $23.92 EPS for the current year.

WARNING: This article was reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The original version of this article can be accessed at https://www.watchlistnews.com/intuitive-surgical-inc-isrg-director-keith-r-leonard-sells-854-shares/1536495.html.

Hedge funds have recently made changes to their positions in the stock. Guardian Life Insurance Co. of America boosted its stake in shares of Intuitive Surgical by 2.2% in the first quarter. Guardian Life Insurance Co. of America now owns 142 shares of the medical equipment provider’s stock valued at $109,000 after buying an additional 3 shares during the last quarter. ETF Managers Group LLC acquired a new stake in shares of Intuitive Surgical during the second quarter valued at approximately $110,000. D. Scott Neal Inc. acquired a new stake in shares of Intuitive Surgical during the second quarter valued at approximately $120,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Intuitive Surgical during the second quarter valued at approximately $120,000. Finally, Parallel Advisors LLC boosted its stake in shares of Intuitive Surgical by 10.1% in the first quarter. Parallel Advisors LLC now owns 153 shares of the medical equipment provider’s stock valued at $129,000 after buying an additional 14 shares during the last quarter. Institutional investors and hedge funds own 94.35% of the company’s stock.

A number of research analysts recently weighed in on the stock. Vetr upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $340.77 price objective on the stock in a research report on Monday. BidaskClub upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Canaccord Genuity restated a “hold” rating and set a $333.33 price objective (up previously from $290.00) on shares of Intuitive Surgical in a research report on Wednesday, July 26th. Morgan Stanley restated an “overweight” rating and set a $356.67 price objective (up previously from $316.67) on shares of Intuitive Surgical in a research report on Tuesday, July 25th. Finally, Zacks Investment Research upgraded shares of Intuitive Surgical from a “hold” rating to a “strong-buy” rating and set a $355.67 price objective on the stock in a research report on Tuesday, July 25th. Five analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $326.91.

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.