Baker Boyer National Bank lifted its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 200.0% during the 4th quarter, Holdings Channel reports. The firm owned 1,104 shares of the medical equipment provider’s stock after acquiring an additional 736 shares during the period. Intuitive Surgical accounts for about 1.2% of Baker Boyer National Bank’s investment portfolio, making the stock its 29th largest holding. Baker Boyer National Bank’s holdings in Intuitive Surgical were worth $403,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CWM LLC raised its position in shares of Intuitive Surgical by 200.0% in 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 period. American National Bank raised its position in shares of Intuitive Surgical by 200.0% in 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 period. ETF Managers Group LLC purchased a new position in shares of Intuitive Surgical in the 2nd quarter worth $110,000. Trust Department MB Financial Bank N A raised its position in shares of Intuitive Surgical by 200.0% in 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 period. Finally, Cordasco Financial Network raised its position in shares of Intuitive Surgical by 200.0% in the 4th quarter. Cordasco Financial Network now owns 480 shares of the medical equipment provider’s stock worth $175,000 after buying an additional 320 shares during the period. Institutional investors and hedge funds own 32.82% of the company’s stock.

Several research analysts have commented on the company. Barclays reissued an “overweight” rating and issued a $465.00 price objective on shares of Intuitive Surgical in a research report on Thursday, January 11th. BidaskClub raised Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 11th. Leerink Swann reissued an “outperform” rating and issued a $475.00 price objective (up from $390.00) on shares of Intuitive Surgical in a research report on Thursday. Wells Fargo & Co reissued a “buy” rating on shares of Intuitive Surgical in a research report on Monday, October 16th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Intuitive Surgical in a research report on Saturday, November 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Intuitive Surgical currently has an average rating of “Buy” and an average target price of $368.71.

In related news, COO Salvatore Brogna sold 6,082 shares of Intuitive Surgical stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $397.61, for a total value of $2,418,264.02. Following the completion of the transaction, the chief operating officer now directly owns 3,096 shares in the company, valued at $1,231,000.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Curet Myriam sold 262 shares of Intuitive Surgical stock in a transaction dated Tuesday, October 24th. The stock was 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 ninety days, insiders have sold 55,944 shares of company stock worth $21,432,971. Corporate insiders own 2.20% of the company’s stock.

Shares of Intuitive Surgical, Inc. (NASDAQ ISRG) traded up $0.97 during midday trading on Friday, hitting $432.07. The stock had a trading volume of 791,400 shares, compared to its average volume of 1,046,183. Intuitive Surgical, Inc. has a twelve month low of $217.19 and a twelve month high of $434.90. The stock has a market capitalization of $48,250.00, a price-to-earnings ratio of 55.82, a price-to-earnings-growth ratio of 5.36 and a beta of 0.47.

Intuitive Surgical (NASDAQ:ISRG) last announced its earnings results on Thursday, October 19th. The medical equipment provider reported $2.77 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $753.25 million. During the same period in the previous year, the company earned $2.06 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. equities research analysts predict that Intuitive Surgical, Inc. will post 7.98 earnings per share for the current fiscal 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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