Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Acquired by Brinker Capital Investments LLC

Brinker Capital Investments LLC lifted its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 1,018.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,687 shares of the medical equipment provider’s stock after buying an additional 12,463 shares during the period. Brinker Capital Investments LLC’s holdings in Intuitive Surgical were worth $10,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in ISRG. Vantage Consulting Group Inc acquired a new stake in shares of Intuitive Surgical during the 4th quarter worth approximately $25,000. Wealthcare Capital Management LLC acquired a new stake in shares of Intuitive Surgical during the 1st quarter worth approximately $25,000. Kistler Tiffany Companies LLC increased its holdings in Intuitive Surgical by 100.0% in the 1st quarter. Kistler Tiffany Companies LLC now owns 40 shares of the medical equipment provider’s stock valued at $30,000 after purchasing an additional 20 shares during the last quarter. Alpha Paradigm Partners LLC acquired a new stake in Intuitive Surgical in the 4th quarter valued at approximately $31,000. Finally, Prestige Wealth Management Group LLC increased its holdings in Intuitive Surgical by 136.8% in the 4th quarter. Prestige Wealth Management Group LLC now owns 45 shares of the medical equipment provider’s stock valued at $37,000 after purchasing an additional 26 shares during the last quarter. Institutional investors and hedge funds own 83.97% of the company’s stock.

In other news, SVP Reiter Kara Andersen sold 750 shares of the business’s stock in a transaction dated Friday, April 23rd. The shares were sold at an average price of $848.01, for a total transaction of $636,007.50. Following the transaction, the senior vice president now directly owns 5,594 shares in the company, valued at $4,743,767.94. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Marshall Mohr sold 21,963 shares of the business’s stock in a transaction dated Monday, April 26th. The stock was sold at an average price of $865.69, for a total transaction of $19,013,149.47. Following the transaction, the chief financial officer now owns 9,375 shares in the company, valued at $8,115,843.75. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 39,205 shares of company stock worth $33,639,395. Company insiders own 0.90% of the company’s stock.

NASDAQ ISRG opened at $859.14 on Friday. The firm has a market capitalization of $101.73 billion, a price-to-earnings ratio of 88.57, a PEG ratio of 7.23 and a beta of 1.04. Intuitive Surgical, Inc. has a one year low of $543.03 and a one year high of $893.79. The company has a fifty day simple moving average of $827.19.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings data on Monday, April 19th. The medical equipment provider reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.89. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.11 billion. Intuitive Surgical had a net margin of 25.78% and a return on equity of 12.35%. Intuitive Surgical’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.69 earnings per share. As a group, analysts expect that Intuitive Surgical, Inc. will post 12.26 EPS for the current fiscal year.

Several research firms recently weighed in on ISRG. JPMorgan Chase & Co. lifted their target price on shares of Intuitive Surgical from $840.00 to $900.00 and gave the company an “overweight” rating in a report on Wednesday, April 21st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their target price on shares of Intuitive Surgical from $862.00 to $939.00 and gave the company a “buy” rating in a report on Wednesday, April 21st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Intuitive Surgical from $690.00 to $825.00 and gave the company a “hold” rating in a report on Wednesday, April 21st. SVB Leerink lifted their target price on shares of Intuitive Surgical from $825.00 to $860.00 and gave the company a “market perform” rating in a report on Wednesday, April 21st. They noted that the move was a valuation call. Finally, Robert W. Baird raised shares of Intuitive Surgical from a “neutral” rating to an “outperform” rating and raised their price target for the company from $825.00 to $925.00 in a research report on Wednesday, April 21st. Eight investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Intuitive Surgical has a consensus rating of “Buy” and an average target price of $807.21.

Intuitive Surgical Profile

Intuitive Surgical, Inc, together with its subsidiaries, designs, develops, manufactures, and markets da Vinci surgical systems, and related instruments and accessories in the United States and internationally. The company's da Vinci Surgical System include surgeon's consoles, patient-side carts, 3-D HD vision systems, skills simulators, da Vinci Xi integrated table motions, and Firefly fluorescence imaging products that enable surgeons to perform various surgical procedures, including gynecologic, urologic, general, cardiothoracic, and head and neck surgical procedures.

Further Reading: How Do I Invest in Dividend Stocks

Want to see what other hedge funds are holding ISRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuitive Surgical, Inc. (NASDAQ:ISRG).

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

Receive News & Ratings for Intuitive Surgical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical and related companies with MarketBeat.com's FREE daily email newsletter.