Published: Wed, May 31, 2017
Money | By Armando Alvarado

Smart Money Still Has Faith in Intuitive Surgical, Inc. (NASDAQ:ISRG)


Over the last quarter, insiders have sold 62,806 shares of company stock valued at $49,866,082.

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its stake in Intuitive Surgical, Inc. Marsico Limited Company has invested 0.52% in Intuitive Surgical, Inc. Woodstock has 16,376 shares. Tudor Et Al reported 1,208 shares. Pacer Advisors Inc. increased its position in Intuitive Surgical by 4.4% in the first quarter. (NASDAQ:ISRG). Aberdeen Asset Management Public Limited Com Uk holds 17,096 shares. Raymond James & Assocs holds 7,637 shares. Susquehanna Gp Ltd Liability Partnership invested in 0% or 4,232 shares. Bronfman E.L. Rothschild L.P. now owns 280 shares of the medical equipment provider's stock worth $215,000 after buying an additional 5 shares during the period. Following the completion of the sale, the chief executive officer now owns 95,573 shares of the company's stock, valued at $77,445,669.09. Cantab Ptnrs Llp reported 1,145 shares. Maverick Ltd accumulated 0.01% or 1,750 shares. Northwestern Mutual Wealth Management Com holds 0% of its portfolio in Intuitive Surgical, Inc.

Several other institutional investors also recently bought and sold shares of ISRG.

Shares of Intuitive Surgical were trading in the red on Tuesday morning. About shares traded. Kentucky First Federal Bancorp (NASDAQ:KFFB) has risen 7.22% since May 30, 2016 and is uptrending.

Since December 13, 2016, it had 0 insider buys, and 22 insider sales for $42.67 million activity. Also, EVP Salvatore Brogna sold 6,628 shares of the firm's stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $810.33, for a total value of $15,213,945.75. MOHR MARSHALL had sold 2,000 shares worth $1.45M. On Friday, February 24 Myriam Curet sold $162,016 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG). New Mexico Educational Retirement Board reported 0.12% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG) or 8,750 shares. The shares were sold at an average price of $736.80, for a total transaction of $4,883,510.40.

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Based on the lastest quarterly filings, institutions continue to be large stakeholders in Intuitive Surgical, Inc. It is negative, as 57 investors sold ISRG shares while 165 reduced holdings. Institutions are now holders of 92.50% of the shares. Jag Capital Management Llc who had been investing in Intuitive Surgical Inc for a number of months, seems to be less bullish one the $33.64B market cap company. Greenleaf Trust now owns 477 shares of the medical equipment provider's stock valued at $366,000 after buying an additional 4 shares during the period. 27,086 shares of the stock traded hands. (NASDAQ:ISRG) shares with value of $1.50 million were sold by SMITH LONNIE M. $703,994 worth of Intuitive Surgical, Inc. It has outperformed by 22.82% the S&P500.

Intuitive Surgical, Inc (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. ISRG's profit would be $182.53 million giving it 46.07 P/E if the $4.93 EPS is correct. Intuitive Surgical Inc has $1000 highest and $675 lowest target.

Analysts await Intuitive Surgical, Inc. After $4.67 actual EPS reported by Intuitive Surgical, Inc. for the previous quarter, Wall Street now forecasts 5.57% EPS growth. (NASDAQ:ISRG) were released by: Nasdaq.com and their article: "Goldman Sachs Group Inc Buys Energy Transfer Partners LP, Intuitive Surgical ..." published on May 18, 2017 as well as Seekingalpha.com's news article titled: "Intuitive: A True Pioneer" with publication date: May 26, 2017. Equities research analysts expect that Intuitive Surgical, Inc. will post $23.64 EPS for the current year. Therefore 83% are positive.

Investors wait Intuitive Surgical, Inc. On Wednesday, January 4 the stock rating was downgraded by Evercore to "Hold". They set a "buy" rating and a $1,000.00 target price for the company. Bessemer Group Inc. now owns 196 shares of the medical equipment provider's stock valued at $124,000 after buying an additional 96 shares during the last quarter. Finally, Zacks Investment Research lowered Intuitive Surgical from a "buy" rating to a "hold" rating in a report on Thursday, April 20th. (NASDAQ:ISRG) on Tuesday, May 2. The firm has "Sector Perform" rating given on Wednesday, October 19 by RBC Capital Markets. On Wednesday, July 20 the stock rating was maintained by Wedbush with "Outperform". Swiss Savings Bank reported 177,782 shares. The firm has "Neutral" rating by BTIG Research given on Friday, April 1. Wells Fargo & Co reaffirmed an "outperform" rating and issued a $1,000.00 price target on shares of Intuitive Surgical in a research note on Thursday, May 25th.

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