Nomura Holdings Inc. Boosts Holdings in Intuitive Surgical, Inc. (ISRG)

Nomura Holdings Inc. raised its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 686.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,730 shares of the medical equipment provider’s stock after purchasing an additional 2,383 shares during the period. Nomura Holdings Inc.’s holdings in Intuitive Surgical were worth $2,543,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Alps Advisors Inc. grew its holdings in Intuitive Surgical by 0.3% in the second quarter. Alps Advisors Inc. now owns 647 shares of the medical equipment provider’s stock valued at $605,000 after purchasing an additional 2 shares during the last quarter. Chilton Investment Co. LLC grew its holdings in Intuitive Surgical by 0.4% in the second quarter. Chilton Investment Co. LLC now owns 502 shares of the medical equipment provider’s stock valued at $470,000 after purchasing an additional 2 shares during the last quarter. Guardian Life Insurance Co. of America grew its holdings in Intuitive Surgical by 2.2% in the first quarter. Guardian Life Insurance Co. of America now owns 142 shares of the medical equipment provider’s stock valued at $109,000 after purchasing an additional 3 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in Intuitive Surgical by 1.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 284 shares of the medical equipment provider’s stock valued at $266,000 after purchasing an additional 4 shares during the last quarter. Finally, Wetherby Asset Management Inc. grew its holdings in Intuitive Surgical by 1.4% in the second quarter. Wetherby Asset Management Inc. now owns 361 shares of the medical equipment provider’s stock valued at $338,000 after purchasing an additional 5 shares during the last quarter. 94.23% of the stock is currently owned by institutional investors.

Intuitive Surgical, Inc. (NASDAQ ISRG) traded down 0.07% during trading on Friday, reaching $362.29. The company had a trading volume of 714,554 shares. Intuitive Surgical, Inc. has a 12 month low of $203.57 and a 12 month high of $1,094.55. The stock has a 50 day moving average price of $346.68 and a 200 day moving average price of $309.79. The firm has a market capitalization of $40.38 billion, a price-to-earnings ratio of 52.06 and a beta of 0.39.

Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings results on Thursday, July 20th. The medical equipment provider reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Intuitive Surgical had a return on equity of 15.99% and a net margin of 28.44%. The business had revenue of $756.20 million for the quarter, compared to the consensus estimate of $724.51 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. Intuitive Surgical’s revenue for the quarter was up 12.8% compared to the same quarter last year. On average, equities research analysts predict that Intuitive Surgical, Inc. will post $7.97 earnings per share for the current year.

In other Intuitive Surgical news, CEO Gary S. Guthart sold 17,975 shares of the business’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $937.27, for a total value of $16,847,428.25. Following the transaction, the chief executive officer now owns 101,798 shares in the company, valued at $95,412,211.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Friedman sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $945.60, for a total value of $945,600.00. Following the completion of the transaction, the director now owns 977 shares in the company, valued at approximately $923,851.20. The disclosure for this sale can be found here. Insiders have sold 23,172 shares of company stock worth $21,923,487 in the last quarter. 2.20% of the stock is currently owned by corporate insiders.

ISRG has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Intuitive Surgical in a research note on Tuesday, September 5th. BidaskClub raised Intuitive Surgical from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Leerink Swann reaffirmed an “outperform” rating on shares of Intuitive Surgical in a research note on Wednesday, July 5th. Wedbush reaffirmed a “buy” rating on shares of Intuitive Surgical in a research note on Tuesday. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $333.33 price objective on shares of Intuitive Surgical in a research note on Friday, September 1st. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Intuitive Surgical has a consensus rating of “Buy” and a consensus price target of $137.11.

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A number of other institutional investors have also recently bought and sold shares of the business. Alps Advisors Inc. grew its holdings in Intuitive Surgical by 0.3% in the second quarter. Alps Advisors Inc. now owns 647 shares of the medical equipment provider’s stock valued at $605,000 after purchasing an additional 2 shares during the last quarter. Chilton Investment Co. LLC grew its holdings in Intuitive Surgical by 0.4% in the second quarter. Chilton Investment Co. LLC now owns 502 shares of the medical equipment provider’s stock valued at $470,000 after purchasing an additional 2 shares during the last quarter. Guardian Life Insurance Co. of America grew its holdings in Intuitive Surgical by 2.2% in the first quarter. Guardian Life Insurance Co. of America now owns 142 shares of the medical equipment provider’s stock valued at $109,000 after purchasing an additional 3 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in Intuitive Surgical by 1.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 284 shares of the medical equipment provider’s stock valued at $266,000 after purchasing an additional 4 shares during the last quarter. Finally, Wetherby Asset Management Inc. grew its holdings in Intuitive Surgical by 1.4% in the second quarter. Wetherby Asset Management Inc. now owns 361 shares of the medical equipment provider’s stock valued at $338,000 after purchasing an additional 5 shares during the last quarter. 94.23% of the stock is currently owned by institutional investors.

Intuitive Surgical, Inc. (NASDAQ ISRG) traded down 0.07% during trading on Friday, reaching $362.29. The company had a trading volume of 714,554 shares. Intuitive Surgical, Inc. has a 12 month low of $203.57 and a 12 month high of $1,094.55. The stock has a 50 day moving average price of $346.68 and a 200 day moving average price of $309.79. The firm has a market capitalization of $40.38 billion, a price-to-earnings ratio of 52.06 and a beta of 0.39.

Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings results on Thursday, July 20th. The medical equipment provider reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Intuitive Surgical had a return on equity of 15.99% and a net margin of 28.44%. The business had revenue of $756.20 million for the quarter, compared to the consensus estimate of $724.51 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. Intuitive Surgical’s revenue for the quarter was up 12.8% compared to the same quarter last year. On average, equities research analysts predict that Intuitive Surgical, Inc. will post $7.97 earnings per share for the current year.

In other Intuitive Surgical news, CEO Gary S. Guthart sold 17,975 shares of the business’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $937.27, for a total value of $16,847,428.25. Following the transaction, the chief executive officer now owns 101,798 shares in the company, valued at $95,412,211.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Friedman sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $945.60, for a total value of $945,600.00. Following the completion of the transaction, the director now owns 977 shares in the company, valued at approximately $923,851.20. The disclosure for this sale can be found here. Insiders have sold 23,172 shares of company stock worth $21,923,487 in the last quarter. 2.20% of the stock is currently owned by corporate insiders.

ISRG has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Intuitive Surgical in a research note on Tuesday, September 5th. BidaskClub raised Intuitive Surgical from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Leerink Swann reaffirmed an “outperform” rating on shares of Intuitive Surgical in a research note on Wednesday, July 5th. Wedbush reaffirmed a “buy” rating on shares of Intuitive Surgical in a research note on Tuesday. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $333.33 price objective on shares of Intuitive Surgical in a research note on Friday, September 1st. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Intuitive Surgical has a consensus rating of “Buy” and a consensus price target of $137.11.

WARNING: This news story was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://ledgergazette.com/2017/10/14/nomura-holdings-inc-boosts-holdings-in-intuitive-surgical-inc-isrg.html.

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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