Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Sold by Stifel Financial Corp

Stifel Financial Corp reduced its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 396,029 shares of the medical equipment provider's stock after selling 935 shares during the period. Stifel Financial Corp owned approximately 0.11% of Intuitive Surgical worth $206,714,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atala Financial Inc purchased a new stake in shares of Intuitive Surgical in the 4th quarter valued at approximately $25,000. Hurley Capital LLC acquired a new position in shares of Intuitive Surgical during the fourth quarter worth $28,000. Berbice Capital Management LLC purchased a new position in Intuitive Surgical in the fourth quarter valued at $26,000. BankPlus Trust Department acquired a new stake in Intuitive Surgical in the fourth quarter valued at $28,000. Finally, Summit Securities Group LLC purchased a new stake in Intuitive Surgical during the 4th quarter worth about $30,000. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on ISRG. Barclays dropped their price objective on Intuitive Surgical from $684.00 to $635.00 and set an "overweight" rating on the stock in a report on Thursday. Raymond James increased their price target on shares of Intuitive Surgical from $560.00 to $688.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Jefferies Financial Group boosted their price objective on shares of Intuitive Surgical from $475.00 to $575.00 in a research report on Monday, January 27th. Evercore ISI lowered their target price on shares of Intuitive Surgical from $510.00 to $470.00 and set an "in-line" rating for the company in a report on Wednesday. Finally, Royal Bank of Canada cut their price target on shares of Intuitive Surgical from $630.00 to $605.00 and set an "outperform" rating on the stock in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Intuitive Surgical currently has an average rating of "Moderate Buy" and an average price target of $598.95.

Insiders Place Their Bets

In other Intuitive Surgical news, CFO Jamie Samath sold 94 shares of the stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $571.11, for a total value of $53,684.34. Following the completion of the transaction, the chief financial officer now directly owns 2,630 shares of the company's stock, valued at approximately $1,502,019.30. This trade represents a 3.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amal M. Johnson sold 4,635 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $566.60, for a total value of $2,626,191.00. Following the sale, the director now directly owns 12,275 shares in the company, valued at $6,955,015. This trade represents a 27.41 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,754 shares of company stock worth $17,691,621. Corporate insiders own 0.70% of the company's stock.

Intuitive Surgical Trading Up 1.3 %

Shares of Intuitive Surgical stock traded up $6.46 on Friday, reaching $514.59. 2,013,155 shares of the stock were exchanged, compared to its average volume of 1,612,862. The firm has a market capitalization of $183.29 billion, a PE ratio of 80.28, a PEG ratio of 5.85 and a beta of 1.55. Intuitive Surgical, Inc. has a 1-year low of $367.39 and a 1-year high of $616.00. The business has a fifty day moving average price of $513.65 and a two-hundred day moving average price of $532.19.

Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The medical equipment provider reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.71 by $0.10. Intuitive Surgical had a return on equity of 14.55% and a net margin of 27.81%. The firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the previous year, the business earned $1.50 earnings per share. Research analysts expect that Intuitive Surgical, Inc. will post 6.43 EPS for the current year.

Intuitive Surgical Profile

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.