Catalina Capital Group LLC Has $958,000 Stock Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Catalina Capital Group LLC raised its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRGFree Report) by 31.3% during the 1st quarter, HoldingsChannel reports. The fund owned 2,401 shares of the medical equipment provider’s stock after purchasing an additional 573 shares during the period. Catalina Capital Group LLC’s holdings in Intuitive Surgical were worth $958,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ISRG. Baystate Wealth Management LLC grew its stake in Intuitive Surgical by 150.0% in the fourth quarter. Baystate Wealth Management LLC now owns 75 shares of the medical equipment provider’s stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. MCF Advisors LLC raised its position in Intuitive Surgical by 108.1% during the fourth quarter. MCF Advisors LLC now owns 77 shares of the medical equipment provider’s stock valued at $26,000 after acquiring an additional 40 shares in the last quarter. Able Wealth Management LLC acquired a new stake in Intuitive Surgical in the fourth quarter valued at approximately $28,000. Atticus Wealth Management LLC grew its position in Intuitive Surgical by 85.4% in the fourth quarter. Atticus Wealth Management LLC now owns 89 shares of the medical equipment provider’s stock worth $30,000 after acquiring an additional 41 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC acquired a new position in shares of Intuitive Surgical during the 4th quarter worth $30,000. Institutional investors and hedge funds own 83.64% of the company’s stock.

Intuitive Surgical Stock Up 0.6 %

Intuitive Surgical stock traded up $2.44 during mid-day trading on Wednesday, hitting $444.74. 1,082,542 shares of the company were exchanged, compared to its average volume of 1,506,112. Intuitive Surgical, Inc. has a 1-year low of $254.85 and a 1-year high of $448.10. The business has a fifty day moving average of $413.05 and a 200 day moving average of $388.89. The company has a market capitalization of $157.75 billion, a PE ratio of 79.84, a price-to-earnings-growth ratio of 5.74 and a beta of 1.39.

Intuitive Surgical (NASDAQ:ISRGGet Free Report) last announced its quarterly earnings results on Thursday, April 18th. The medical equipment provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.10. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.87 billion. Intuitive Surgical had a net margin of 27.16% and a return on equity of 12.91%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $1.00 EPS. Research analysts expect that Intuitive Surgical, Inc. will post 4.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ISRG. Stifel Nicolaus upped their price objective on shares of Intuitive Surgical from $420.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, April 8th. BTIG Research raised their price objective on Intuitive Surgical from $412.00 to $421.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Evercore ISI upped their target price on Intuitive Surgical from $385.00 to $425.00 and gave the stock an “in-line” rating in a research report on Tuesday, July 2nd. The Goldman Sachs Group started coverage on shares of Intuitive Surgical in a report on Thursday, May 30th. They issued a “buy” rating and a $500.00 target price on the stock. Finally, Robert W. Baird lowered their price target on Intuitive Surgical from $440.00 to $436.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, Intuitive Surgical currently has a consensus rating of “Moderate Buy” and a consensus target price of $410.32.

Get Our Latest Stock Analysis on Intuitive Surgical

Insider Buying and Selling

In other news, EVP Robert Desantis sold 1,498 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $369.92, for a total value of $554,140.16. Following the completion of the sale, the executive vice president now directly owns 5,507 shares in the company, valued at $2,037,149.44. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Craig H. Barratt sold 1,400 shares of the company’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $421.06, for a total value of $589,484.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert Desantis sold 1,498 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $369.92, for a total value of $554,140.16. Following the completion of the sale, the executive vice president now directly owns 5,507 shares of the company’s stock, valued at $2,037,149.44. The disclosure for this sale can be found here. Insiders have sold a total of 17,956 shares of company stock worth $6,927,011 in the last three months. Insiders own 0.80% of the company’s stock.

About Intuitive Surgical

(Free Report)

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

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