Jamie Samath Sells 861 Shares of Intuitive Surgical, Inc. (ISRG) Stock

Intuitive Surgical, Inc. (NASDAQ:ISRG) VP Jamie Samath sold 861 shares of Intuitive Surgical stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $420.09, for a total transaction of $361,697.49. Following the sale, the vice president now owns 1,232 shares in the company, valued at $517,550.88. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Jamie Samath also recently made the following trade(s):

  • On Tuesday, January 30th, Jamie Samath sold 964 shares of Intuitive Surgical stock. The shares were sold at an average price of $428.60, for a total transaction of $413,170.40.
  • On Friday, December 1st, Jamie Samath sold 959 shares of Intuitive Surgical stock. The shares were sold at an average price of $398.46, for a total transaction of $382,123.14.

Intuitive Surgical, Inc. (ISRG) opened at $419.79 on Friday. Intuitive Surgical, Inc. has a 12 month low of $242.26 and a 12 month high of $452.00. The firm has a market cap of $46,779.06, a PE ratio of 73.91, a price-to-earnings-growth ratio of 4.96 and a beta of 0.50.

Intuitive Surgical (NASDAQ:ISRG) last announced its earnings results on Thursday, January 25th. The medical equipment provider reported $2.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.27 by $0.27. Intuitive Surgical had a net margin of 21.09% and a return on equity of 19.93%. The company had revenue of $892.40 million during the quarter, compared to the consensus estimate of $866.54 million. During the same period in the previous year, the firm posted $2.03 earnings per share. The company’s revenue was up 17.9% on a year-over-year basis. equities analysts predict that Intuitive Surgical, Inc. will post 7.85 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP raised its stake in shares of Intuitive Surgical by 61.4% in the third quarter. First Trust Advisors LP now owns 51,130 shares of the medical equipment provider’s stock worth $53,476,000 after acquiring an additional 19,458 shares during the last quarter. Davis R M Inc. bought a new position in shares of Intuitive Surgical in the third quarter worth about $219,000. Point72 Asset Management L.P. bought a new position in shares of Intuitive Surgical in the third quarter worth about $24,264,000. Chevy Chase Trust Holdings Inc. raised its stake in shares of Intuitive Surgical by 206.2% in the fourth quarter. Chevy Chase Trust Holdings Inc. now owns 179,792 shares of the medical equipment provider’s stock worth $65,613,000 after acquiring an additional 121,082 shares during the last quarter. Finally, Bender Robert & Associates raised its stake in shares of Intuitive Surgical by 188.2% in the third quarter. Bender Robert & Associates now owns 38,308 shares of the medical equipment provider’s stock worth $13,355,000 after acquiring an additional 25,015 shares during the last quarter. 61.59% of the stock is owned by institutional investors.

ISRG has been the subject of several analyst reports. Stifel Nicolaus reissued a “buy” rating and set a $480.00 price target (up from $400.00) on shares of Intuitive Surgical in a report on Thursday, January 25th. Citigroup reissued a “buy” rating and set a $531.00 price target on shares of Intuitive Surgical in a report on Friday, January 26th. Cantor Fitzgerald reissued a “buy” rating and set a $490.00 price target on shares of Intuitive Surgical in a report on Friday, January 26th. Piper Jaffray Companies reissued a “hold” rating on shares of Intuitive Surgical in a report on Friday, January 26th. Finally, Canaccord Genuity reissued a “hold” rating and set a $410.00 price target (up from $380.00) on shares of Intuitive Surgical in a report on Friday, January 26th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $408.48.

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Intuitive Surgical Company 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.

Insider Buying and Selling by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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