Intuitive Surgical, Inc. (NASDAQ:ISRG) CEO Gary S. Guthart sold 7,724 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $414.50, for a total transaction of $3,201,598.00. Following the sale, the chief executive officer now directly owns 275,220 shares of the company’s stock, valued at $114,078,690. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Intuitive Surgical, Inc. (NASDAQ ISRG) opened at $392.91 on Monday. Intuitive Surgical, Inc. has a fifty-two week low of $233.66 and a fifty-two week high of $452.00. The firm has a market cap of $44,020.00, a P/E ratio of 69.17, a P/E/G ratio of 4.63 and a beta of 0.50.

Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings results on Thursday, January 25th. The medical equipment provider reported $2.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.27 by $0.27. Intuitive Surgical had a net margin of 21.09% and a return on equity of 19.93%. The company had revenue of $892.40 million for the quarter, compared to the consensus estimate of $866.54 million. During the same quarter in the prior year, the company earned $2.03 EPS. Intuitive Surgical’s quarterly revenue was up 17.9% on a year-over-year basis. research analysts expect that Intuitive Surgical, Inc. will post 7.93 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. Wilbanks Smith & Thomas Asset Management LLC increased its holdings in Intuitive Surgical by 0.5% in the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 370 shares of the medical equipment provider’s stock worth $346,000 after buying an additional 2 shares during the period. 1st Global Advisors Inc. increased its holdings in Intuitive Surgical by 0.7% in the 2nd quarter. 1st Global Advisors Inc. now owns 1,035 shares of the medical equipment provider’s stock worth $968,000 after buying an additional 7 shares during the period. Advisory Services Network LLC increased its holdings in Intuitive Surgical by 0.7% in the 2nd quarter. Advisory Services Network LLC now owns 2,336 shares of the medical equipment provider’s stock worth $2,185,000 after buying an additional 17 shares during the period. Eqis Capital Management Inc. increased its holdings in Intuitive Surgical by 17.2% in the 3rd quarter. Eqis Capital Management Inc. now owns 408 shares of the medical equipment provider’s stock worth $427,000 after buying an additional 60 shares during the period. Finally, Flagship Harbor Advisors LLC increased its holdings in Intuitive Surgical by 14.9% in the 4th quarter. Flagship Harbor Advisors LLC now owns 889 shares of the medical equipment provider’s stock worth $352,000 after buying an additional 115 shares during the period. Institutional investors own 34.82% of the company’s stock.

ISRG has been the subject of several analyst reports. Barclays reissued an “overweight” rating on shares of Intuitive Surgical in a research report on Friday, October 20th. BidaskClub lowered shares of Intuitive Surgical from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. Zacks Investment Research raised shares of Intuitive Surgical from a “hold” rating to a “strong-buy” rating and set a $437.00 price target for the company in a research report on Tuesday, December 12th. Royal Bank of Canada increased their price target on shares of Intuitive Surgical to $430.00 and gave the company a “sector perform” rating in a research report on Friday, January 26th. Finally, Canaccord Genuity reissued a “hold” rating and set a $410.00 price target (up from $380.00) on shares of Intuitive Surgical in a research report on Friday, January 26th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $408.48.

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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.

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

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