Wisconsin Capital Management LLC Buys 428 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Wisconsin Capital Management LLC boosted its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,455 shares of the medical equipment provider’s stock after buying an additional 428 shares during the period. Intuitive Surgical makes up about 1.5% of Wisconsin Capital Management LLC’s investment portfolio, making the stock its 29th largest holding. Wisconsin Capital Management LLC’s holdings in Intuitive Surgical were worth $2,515,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ISRG. DAVENPORT & Co LLC grew its position in Intuitive Surgical by 57.1% during the 3rd quarter. DAVENPORT & Co LLC now owns 4,963 shares of the medical equipment provider’s stock valued at $1,451,000 after purchasing an additional 1,804 shares during the last quarter. Founders Financial Securities LLC raised its stake in shares of Intuitive Surgical by 9.7% in the third quarter. Founders Financial Securities LLC now owns 1,629 shares of the medical equipment provider’s stock worth $476,000 after purchasing an additional 144 shares during the last quarter. Boston Trust Walden Corp lifted its holdings in shares of Intuitive Surgical by 1.0% during the third quarter. Boston Trust Walden Corp now owns 18,525 shares of the medical equipment provider’s stock valued at $5,415,000 after purchasing an additional 185 shares in the last quarter. Caprock Group LLC boosted its position in shares of Intuitive Surgical by 8.3% during the third quarter. Caprock Group LLC now owns 4,891 shares of the medical equipment provider’s stock valued at $1,430,000 after buying an additional 373 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its holdings in Intuitive Surgical by 6.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 1,505 shares of the medical equipment provider’s stock worth $440,000 after buying an additional 85 shares in the last quarter. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Analyst Upgrades and Downgrades

ISRG has been the topic of several research analyst reports. Barclays upped their target price on shares of Intuitive Surgical from $385.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, January 25th. Raymond James boosted their target price on shares of Intuitive Surgical from $372.00 to $435.00 and gave the company an “outperform” rating in a research note on Thursday, January 25th. StockNews.com downgraded Intuitive Surgical from a “buy” rating to a “hold” rating in a research note on Thursday, February 29th. Jefferies Financial Group lifted their price objective on Intuitive Surgical from $365.00 to $375.00 and gave the stock a “hold” rating in a report on Friday, April 19th. Finally, Truist Financial increased their target price on Intuitive Surgical from $390.00 to $435.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $396.17.

Insider Activity at Intuitive Surgical

In other Intuitive Surgical news, EVP Robert Desantis sold 20,296 shares of Intuitive Surgical stock in a transaction on Friday, March 8th. The shares were sold at an average price of $393.80, for a total transaction of $7,992,564.80. Following the completion of the transaction, the executive vice president now directly owns 5,507 shares of the company’s stock, valued at $2,168,656.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Intuitive Surgical news, EVP Robert Desantis sold 20,296 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $393.80, for a total value of $7,992,564.80. Following the completion of the sale, the executive vice president now owns 5,507 shares of the company’s stock, valued at $2,168,656.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary S. Guthart sold 24,325 shares of the company’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $376.06, for a total value of $9,147,659.50. Following the completion of the transaction, the chief executive officer now directly owns 9,425 shares in the company, valued at approximately $3,544,365.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 255,736 shares of company stock worth $98,639,667. Company insiders own 0.90% of the company’s stock.

Intuitive Surgical Stock Performance

ISRG stock traded down $1.89 during trading on Thursday, hitting $373.12. 1,262,491 shares of the company’s stock traded hands, compared to its average volume of 1,667,548. Intuitive Surgical, Inc. has a 52 week low of $254.85 and a 52 week high of $403.76. The business has a fifty day simple moving average of $386.26 and a 200 day simple moving average of $345.39. The stock has a market capitalization of $132.35 billion, a price-to-earnings ratio of 67.35, a P/E/G ratio of 4.83 and a beta of 1.36.

Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings data on Thursday, April 18th. The medical equipment provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.10. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.87 billion. Intuitive Surgical had a return on equity of 12.91% and a net margin of 27.16%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.00 earnings per share. Research analysts forecast that Intuitive Surgical, Inc. will post 4.84 earnings per share for the current fiscal year.

Intuitive Surgical Profile

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.