Intuitive Surgical, Inc. (NASDAQ:ISRG) Stake Held by Family Capital Trust Co

Family Capital Trust Co maintained its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,320 shares of the medical equipment provider’s stock at the end of the second quarter. Intuitive Surgical comprises 0.6% of Family Capital Trust Co’s portfolio, making the stock its 29th largest position. Family Capital Trust Co’s holdings in Intuitive Surgical were worth $1,235,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. 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. Acropolis Investment Management LLC bought a new stake in shares of Intuitive Surgical during the first quarter valued at approximately $115,000. 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 in the last quarter. Huntington National Bank boosted its stake in shares of Intuitive Surgical by 14.1% in the first quarter. Huntington National Bank now owns 170 shares of the medical equipment provider’s stock valued at $130,000 after buying an additional 21 shares in the last quarter. Finally, Aureus Asset Management LLC acquired a new stake in shares of Intuitive Surgical during the first quarter valued at about $205,000. Institutional investors and hedge funds own 96.84% of the company’s stock.

Intuitive Surgical, Inc. (NASDAQ:ISRG) traded down 0.24% on Tuesday, hitting $934.38. 227,843 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $941.54 and its 200-day moving average price is $823.83. Intuitive Surgical, Inc. has a 12-month low of $610.71 and a 12-month high of $974.66. The company has a market cap of $34.71 billion, a PE ratio of 44.75 and a beta of 0.39.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings results on Thursday, July 20th. The medical equipment provider reported $5.95 EPS for the quarter, topping the consensus estimate of $5.79 by $0.16. The company had revenue of $756.20 million during the quarter, compared to analysts’ expectations of $724.51 million. Intuitive Surgical had a net margin of 28.44% and a return on equity of 15.99%. The firm’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.62 EPS. Analysts forecast that Intuitive Surgical, Inc. will post $23.86 earnings per share for the current year.

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Several analysts have recently issued reports on the stock. BidaskClub cut shares of Intuitive Surgical from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Canaccord Genuity restated a “hold” rating and set a $1,000.00 target price (up from $870.00) on shares of Intuitive Surgical in a research report on Wednesday, July 26th. Morgan Stanley restated an “overweight” rating and set a $1,070.00 target price (up from $950.00) on shares of Intuitive Surgical in a research report on Tuesday, July 25th. Zacks Investment Research upgraded shares of Intuitive Surgical from a “hold” rating to a “strong-buy” rating and set a $1,067.00 price target on the stock in a report on Tuesday, July 25th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $1,078.00 price target (up from $917.00) on shares of Intuitive Surgical in a report on Monday, July 24th. Seven research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $980.03.

In related news, SVP Curet Myriam sold 750 shares of the company’s stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $930.00, for a total value of $697,500.00. Following the completion of the sale, the senior vice president now owns 1,428 shares in the company, valued at approximately $1,328,040. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Jamie Samath sold 242 shares of the company’s stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $949.01, for a total transaction of $229,660.42. Following the completion of the sale, the vice president now owns 23 shares of the company’s stock, valued at approximately $21,827.23. The disclosure for this sale can be found here. Insiders have sold a total of 34,065 shares of company stock valued at $31,659,090 in the last 90 days. Insiders own 2.50% of the company’s stock.

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.

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

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