Country Club Trust Company n.a. Has $794,000 Stock Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Country Club Trust Company n.a. increased its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 23.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 800 shares of the medical equipment provider’s stock after buying an additional 151 shares during the period. Country Club Trust Company n.a.’s holdings in Intuitive Surgical were worth $794,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JTC Employer Solutions Trusteee Ltd acquired a new stake in Intuitive Surgical in the 2nd quarter valued at about $29,000. FinTrust Capital Advisors LLC increased its position in Intuitive Surgical by 80.0% in the 2nd quarter. FinTrust Capital Advisors LLC now owns 36 shares of the medical equipment provider’s stock valued at $33,000 after acquiring an additional 16 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new stake in Intuitive Surgical in the 2nd quarter valued at about $42,000. Capital Analysts LLC increased its position in Intuitive Surgical by 1,566.7% in the 2nd quarter. Capital Analysts LLC now owns 50 shares of the medical equipment provider’s stock valued at $46,000 after acquiring an additional 47 shares in the last quarter. Finally, Knuff & Co LLC acquired a new stake in Intuitive Surgical in the 2nd quarter valued at about $46,000. 27.96% of the stock is owned by institutional investors and hedge funds.

In other Intuitive Surgical news, SVP Jamie Samath sold 1,503 shares of the stock in a transaction that occurred on Friday, October 22nd. The shares were sold at an average price of $339.66, for a total transaction of $510,508.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Marshall Mohr sold 20,475 shares of the stock in a transaction on Monday, October 25th. The stock was sold at an average price of $339.20, for a total value of $6,945,120.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,674 shares of company stock worth $13,336,228. 0.80% of the stock is owned by corporate insiders.

Several equities research analysts have weighed in on ISRG shares. Robert W. Baird raised their price objective on shares of Intuitive Surgical from $350.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, October 20th. Wells Fargo & Company raised their target price on shares of Intuitive Surgical from $354.00 to $381.00 and gave the company an “overweight” rating in a research note on Wednesday, October 20th. UBS Group raised their target price on shares of Intuitive Surgical from $323.00 to $352.00 and gave the company a “neutral” rating in a research note on Wednesday, October 20th. Raymond James initiated coverage on shares of Intuitive Surgical in a research note on Tuesday, September 28th. They issued a “buy” rating and a $383.33 target price on the stock. Finally, SVB Leerink raised their target price on shares of Intuitive Surgical from $325.00 to $346.67 and gave the company a “market perform” rating in a research note on Thursday, August 26th. Nine research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $335.06.

Shares of ISRG opened at $339.42 on Thursday. Intuitive Surgical, Inc. has a twelve month low of $227.47 and a twelve month high of $369.69. The firm’s 50 day moving average price is $357.19 and its two-hundred day moving average price is $329.43. The firm has a market cap of $121.25 billion, a P/E ratio of 73.26, a PEG ratio of 7.86 and a beta of 1.05.

Intuitive Surgical (NASDAQ:ISRG) last announced its quarterly earnings results on Monday, October 18th. The medical equipment provider reported $1.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.17 by $0.02. Intuitive Surgical had a net margin of 30.78% and a return on equity of 15.98%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the firm posted $2.60 earnings per share. The business’s revenue was up 30.2% on a year-over-year basis. As a group, research analysts forecast that Intuitive Surgical, Inc. will post 4.44 EPS for the current year.

About Intuitive Surgical

Intuitive Surgical, Inc engages in the development, manufacture, and marketing of da Vinci Surgical Systems, and related instruments and accessories for invasive surgery. Its products include Da Vinci and Ion. The company was founded by Frederic H. Moll, John Gordon Freund, and Robert G. Younge in November 1995 and is headquartered in Sunnyvale, CA.

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

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