Gulf International Bank UK Ltd grew its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 200.0% during the fourth quarter, Holdings Channel reports. The fund owned 35,841 shares of the medical equipment provider’s stock after purchasing an additional 23,894 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Intuitive Surgical were worth $13,079,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ISRG. FCM Investments TX boosted its holdings in shares of Intuitive Surgical by 166.8% in the 4th quarter. FCM Investments TX now owns 14,430 shares of the medical equipment provider’s stock worth $5,266,000 after buying an additional 9,021 shares during the last quarter. Creative Planning boosted its holdings in shares of Intuitive Surgical by 155.2% in the 4th quarter. Creative Planning now owns 23,497 shares of the medical equipment provider’s stock worth $8,575,000 after buying an additional 14,289 shares during the last quarter. Gateway Investment Advisers LLC boosted its holdings in shares of Intuitive Surgical by 172.3% in the 4th quarter. Gateway Investment Advisers LLC now owns 91,315 shares of the medical equipment provider’s stock worth $33,324,000 after buying an additional 57,784 shares during the last quarter. Family Capital Trust Co boosted its holdings in shares of Intuitive Surgical by 200.0% in the 4th quarter. Family Capital Trust Co now owns 3,960 shares of the medical equipment provider’s stock worth $1,445,000 after buying an additional 2,640 shares during the last quarter. Finally, National Pension Service boosted its holdings in shares of Intuitive Surgical by 186.9% in the 4th quarter. National Pension Service now owns 97,553 shares of the medical equipment provider’s stock worth $35,601,000 after buying an additional 63,552 shares during the last quarter. 32.82% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Alan J. Levy sold 2,997 shares of the company’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $371.35, for a total transaction of $1,112,935.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Curet Myriam sold 262 shares of the company’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of $373.00, for a total value of $97,726.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,944 shares of company stock worth $21,432,971. Company insiders own 2.20% of the company’s stock.

A number of equities analysts recently weighed in on ISRG shares. Wedbush reissued a “buy” rating on shares of Intuitive Surgical in a report on Tuesday, October 10th. Zacks Investment Research raised shares of Intuitive Surgical from a “hold” rating to a “strong-buy” rating and set a $437.00 price target on the stock in a report on Tuesday, December 12th. Goldman Sachs Group reissued a “buy” rating on shares of Intuitive Surgical in a report on Saturday, November 18th. Barclays reissued an “overweight” rating on shares of Intuitive Surgical in a report on Friday, October 20th. Finally, BidaskClub downgraded shares of Intuitive Surgical from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $357.44.

Shares of Intuitive Surgical, Inc. (NASDAQ ISRG) traded up $1.03 during trading on Wednesday, reaching $420.07. The company had a trading volume of 1,007,300 shares, compared to its average volume of 1,086,640. Intuitive Surgical, Inc. has a fifty-two week low of $217.19 and a fifty-two week high of $426.98. The company has a market cap of $47,630.00, a PE ratio of 54.27, a P/E/G ratio of 5.65 and a beta of 0.47.

Intuitive Surgical (NASDAQ:ISRG) last announced its quarterly earnings data on Thursday, October 19th. The medical equipment provider reported $2.77 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.99 by $0.78. Intuitive Surgical had a return on equity of 18.20% and a net margin of 30.16%. The business had revenue of $806.10 million for the quarter, compared to analysts’ expectations of $753.25 million. During the same period in the previous year, the business posted $2.06 EPS. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. sell-side analysts expect that Intuitive Surgical, Inc. will post 7.93 EPS for the current year.

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Intuitive Surgical 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.

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

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