Westwood Management Corp IL held its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,300 shares of the medical equipment provider’s stock at the end of the second quarter. Westwood Management Corp IL’s holdings in Intuitive Surgical were worth $1,216,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Gulf International Bank UK Ltd raised its position in shares of Intuitive Surgical by 2.1% in the first quarter. Gulf International Bank UK Ltd now owns 12,065 shares of the medical equipment provider’s stock valued at $9,247,000 after buying an additional 250 shares in the last quarter. Forte Capital LLC ADV raised its position in shares of Intuitive Surgical by 10.6% in the first quarter. Forte Capital LLC ADV now owns 2,562 shares of the medical equipment provider’s stock valued at $1,964,000 after buying an additional 245 shares in the last quarter. Acropolis Investment Management LLC bought a new position in shares of Intuitive Surgical during the first quarter valued at $115,000. Rathbone Brothers plc raised its position in shares of Intuitive Surgical by 69.8% in the first quarter. Rathbone Brothers plc now owns 3,040 shares of the medical equipment provider’s stock valued at $2,330,000 after buying an additional 1,250 shares in the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its position in shares of Intuitive Surgical by 6.5% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 56,232 shares of the medical equipment provider’s stock valued at $43,100,000 after buying an additional 3,416 shares in the last quarter. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Intuitive Surgical, Inc. (NASDAQ ISRG) traded up 1.54% on Monday, hitting $941.77. 121,884 shares of the stock were exchanged. The stock has a market cap of $34.99 billion, a price-to-earnings ratio of 45.11 and a beta of 0.39. Intuitive Surgical, Inc. has a 12 month low of $610.71 and a 12 month high of $974.66. The company has a 50-day moving average of $934.93 and a 200-day moving average of $803.42.

Intuitive Surgical (NASDAQ:ISRG) last released its quarterly earnings data on Thursday, July 20th. The medical equipment provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.16. Intuitive Surgical had a net margin of 28.44% and a return on equity of 15.99%. The firm 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 company earned $5.62 earnings per share. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. On average, equities analysts predict that Intuitive Surgical, Inc. will post $23.86 EPS for the current year.

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Several equities analysts have recently weighed in on the stock. Vetr lowered shares of Intuitive Surgical from a “buy” rating to a “hold” rating and set a $1,010.56 price objective on the stock. in a report on Thursday. Barclays PLC upped their target price on shares of Intuitive Surgical from $870.00 to $1,000.00 and gave the stock an “overweight” rating in a report on Friday. They noted that the move was a valuation call. J P Morgan Chase & Co restated an “overweight” rating and issued a $1,050.00 target price on shares of Intuitive Surgical in a report on Friday. Cantor Fitzgerald restated a “hold” rating and issued a $1,050.00 target price on shares of Intuitive Surgical in a report on Friday. Finally, BidaskClub upgraded shares of Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a report on Friday, June 23rd. Seven research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $953.97.

In related news, VP Jamie Samath sold 626 shares of the business’s stock in a transaction that occurred on Tuesday, April 25th. The shares were sold at an average price of $825.00, for a total transaction of $516,450.00. Following the completion of the sale, the vice president now directly owns 94 shares in the company, valued at $77,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Curet Myriam sold 750 shares of the business’s stock in a transaction that occurred on Wednesday, June 7th. The shares were sold at an average price of $930.00, for a total transaction of $697,500.00. Following the sale, the senior vice president now owns 1,428 shares of the company’s stock, valued at $1,328,040. The disclosure for this sale can be found here. Insiders have sold 26,655 shares of company stock valued at $23,366,682 over the last three months. 2.50% of the stock is owned by corporate insiders.

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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