Capital One National Association grew its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 184.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,690 shares of the medical equipment provider’s stock after purchasing an additional 13,424 shares during the period. Capital One National Association’s holdings in Intuitive Surgical were worth $7,550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC raised its stake in shares of Intuitive Surgical by 200.0% during the 4th quarter. CWM LLC now owns 285 shares of the medical equipment provider’s stock worth $104,000 after buying an additional 190 shares during the last quarter. American National Bank raised its stake in shares of Intuitive Surgical by 200.0% during the 4th quarter. American National Bank now owns 300 shares of the medical equipment provider’s stock worth $109,000 after buying an additional 200 shares during the last quarter. Spectrum Management Group Inc. raised its stake in shares of Intuitive Surgical by 154.2% during the 4th quarter. Spectrum Management Group Inc. now owns 300 shares of the medical equipment provider’s stock worth $109,000 after buying an additional 182 shares during the last quarter. Trust Department MB Financial Bank N A raised its stake in shares of Intuitive Surgical by 200.0% during the 4th quarter. Trust Department MB Financial Bank N A now owns 345 shares of the medical equipment provider’s stock worth $126,000 after buying an additional 230 shares during the last quarter. Finally, Cerebellum GP LLC acquired a new position in shares of Intuitive Surgical during the 4th quarter worth $127,000. Institutional investors own 34.82% of the company’s stock.

Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) opened at $392.91 on Monday. The company has a market capitalization of $44,020.00, a PE ratio of 69.17, a price-to-earnings-growth ratio of 4.63 and a beta of 0.50. Intuitive Surgical, Inc. has a fifty-two week low of $233.66 and a fifty-two week high of $452.00.

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

Several research analysts have recently issued reports on ISRG shares. Wells Fargo & Co reaffirmed a “buy” rating on shares of Intuitive Surgical in a research note on Monday, October 16th. Canaccord Genuity reaffirmed a “hold” rating on shares of Intuitive Surgical in a research note on Tuesday, October 17th. Barclays reaffirmed an “overweight” rating on shares of Intuitive Surgical in a research note on Friday, October 20th. Zacks Investment Research raised Intuitive Surgical from a “hold” rating to a “buy” rating and set a $418.00 price target for the company in a research note on Wednesday, October 25th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of Intuitive Surgical in a research note on Saturday, November 18th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $408.48.

In other Intuitive Surgical news, Director Mark J. Rubash sold 6,000 shares of Intuitive Surgical stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $395.95, for a total value of $2,375,700.00. Following the completion of the sale, the director now owns 5,453 shares in the company, valued at approximately $2,159,115.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Salvatore Brogna sold 6,082 shares of Intuitive Surgical stock in a transaction dated Friday, December 1st. The shares were 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 owns 3,096 shares of the company’s stock, valued at approximately $1,231,000.56. The disclosure for this sale can be found here. Insiders sold a total of 85,016 shares of company stock valued at $35,133,026 in the last 90 days. 2.20% of the stock is owned by company insiders.

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About Intuitive Surgical

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.

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

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