RPg Family Wealth Advisory LLC Raises Holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG)

RPg Family Wealth Advisory LLC grew its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG – Get Rating) by 200.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153 shares of the medical equipment provider’s stock after purchasing an additional 102 shares during the period. RPg Family Wealth Advisory LLC’s holdings in Intuitive Surgical were worth $55,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Hexagon Capital Partners LLC lifted its stake in Intuitive Surgical by 200.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 69 shares of the medical equipment provider’s stock worth $25,000 after purchasing an additional 46 shares in the last quarter. Paragon Capital Management Ltd acquired a new position in Intuitive Surgical during the fourth quarter worth $26,000. Hanseatic Management Services Inc. lifted its stake in Intuitive Surgical by 200.0% during the fourth quarter. Hanseatic Management Services Inc. now owns 72 shares of the medical equipment provider’s stock worth $26,000 after purchasing an additional 48 shares in the last quarter. Wolff Wiese Magana LLC lifted its stake in Intuitive Surgical by 1,000.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 77 shares of the medical equipment provider’s stock worth $28,000 after purchasing an additional 70 shares in the last quarter. Finally, Sargent Bickham Lagudis LLC lifted its stake in Intuitive Surgical by 200.0% during the fourth quarter. Sargent Bickham Lagudis LLC now owns 78 shares of the medical equipment provider’s stock worth $28,000 after purchasing an additional 52 shares in the last quarter. Institutional investors own 83.69% of the company’s stock.

In other Intuitive Surgical news, EVP Myriam Curet sold 6,000 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, April 26th. The shares were sold at an average price of $252.51, for a total value of $1,515,060.00. Following the completion of the sale, the executive vice president now directly owns 361 shares of the company’s stock, valued at approximately $91,156.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.90% of the company’s stock.

Several analysts have recently issued reports on the company. Wolfe Research assumed coverage on Intuitive Surgical in a research note on Tuesday, April 5th. They issued a “peer perform” rating and a $315.00 price objective on the stock. TheStreet cut Intuitive Surgical from a “b-” rating to a “c+” rating in a research note on Thursday, May 19th. Piper Sandler increased their price objective on Intuitive Surgical from $310.00 to $316.00 and gave the company an “overweight” rating in a research note on Friday, April 22nd. Raymond James cut their price target on Intuitive Surgical from $334.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, April 22nd. Finally, Morgan Stanley cut their price target on Intuitive Surgical from $325.00 to $300.00 and set an “equal weight” rating on the stock in a research note on Monday, April 25th. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $323.70.

Shares of ISRG stock traded up $5.86 during midday trading on Friday, reaching $229.16. 2,133,035 shares of the company traded hands, compared to its average volume of 2,181,492. Intuitive Surgical, Inc. has a 1-year low of $206.60 and a 1-year high of $369.69. The firm has a market cap of $82.26 billion, a PE ratio of 50.96, a price-to-earnings-growth ratio of 4.98 and a beta of 1.26. The firm’s 50 day simple moving average is $257.85 and its two-hundred day simple moving average is $294.30.

Intuitive Surgical (NASDAQ:ISRG – Get Rating) last issued its quarterly earnings data on Thursday, April 21st. The medical equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.07. Intuitive Surgical had a return on equity of 14.16% and a net margin of 27.84%. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the firm posted $1.17 EPS. The company’s quarterly revenue was up 15.1% compared to the same quarter last year. As a group, equities research analysts expect that Intuitive Surgical, Inc. will post 4.14 EPS for the current year.

Intuitive Surgical Company Profile (Get Rating)

Intuitive Surgical, Inc develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System to enable complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung.

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