6,903 Shares in Intuitive Surgical, Inc. $ISRG Acquired by Nelson Capital Management LLC

Key Points

• Nelson Capital Management acquired a new stake of 6,903 shares in Intuitive Surgical (NASDAQ:ISRG) during Q3, valued at about $3.09 million.
• Intuitive Surgical posted a quarterly EPS of $2.53 (beating estimates) and revenue of $2.87 billion, up 18.8% year‑over‑year.
• Analysts hold a mixed but generally positive view — MarketBeat shows a “Moderate Buy” consensus with a $615.86 average price target, while individual firms range from sell/hold to strong‑buy.

Nelson Capital Management LLC acquired a new stake in Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,903 shares of the medical equipment provider's stock, valued at approximately $3,087,000.

Several other institutional investors have also added to or reduced their stakes in ISRG. Brighton Jones LLC increased its stake in shares of Intuitive Surgical by 24.9% in the 4th quarter. Brighton Jones LLC now owns 3,672 shares of the medical equipment provider's stock valued at $1,916,000 after purchasing an additional 731 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Intuitive Surgical by 3.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 928 shares of the medical equipment provider's stock worth $504,000 after buying an additional 34 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Intuitive Surgical by 38.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 973 shares of the medical equipment provider's stock worth $529,000 after buying an additional 268 shares during the last quarter. CENTRAL TRUST Co boosted its stake in Intuitive Surgical by 5.1% in the second quarter. CENTRAL TRUST Co now owns 2,828 shares of the medical equipment provider's stock valued at $1,537,000 after buying an additional 137 shares in the last quarter. Finally, Tobam boosted its stake in Intuitive Surgical by 666.7% in the second quarter. Tobam now owns 46 shares of the medical equipment provider's stock valued at $25,000 after buying an additional 40 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ISRG. Weiss Ratings reissued a "hold (c+)" rating on shares of Intuitive Surgical in a research note on Monday, December 29th. HSBC raised their price target on shares of Intuitive Surgical from $644.00 to $653.00 and gave the company a "buy" rating in a research note on Monday, January 26th. Wall Street Zen cut shares of Intuitive Surgical from a "buy" rating to a "hold" rating in a research report on Saturday, February 7th. Sanford C. Bernstein increased their price objective on shares of Intuitive Surgical from $740.00 to $750.00 and gave the company an "outperform" rating in a research note on Friday, January 23rd. Finally, TD Cowen upgraded shares of Intuitive Surgical to a "strong-buy" rating in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $615.86.

Insiders Place Their Bets

In other news, SVP Mark Brosius sold 645 shares of Intuitive Surgical stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $485.01, for a total value of $312,831.45. Following the completion of the transaction, the senior vice president directly owned 1,613 shares of the company's stock, valued at approximately $782,321.13. This trade represents a 28.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Patricia L. Wadors sold 220 shares of the business's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $499.71, for a total value of $109,936.20. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 33,407 shares of company stock valued at $17,534,067. 0.70% of the stock is currently owned by insiders.

Intuitive Surgical Stock Performance

Shares of ISRG traded up $1.23 during mid-day trading on Friday, reaching $480.50. 170,600 shares of the company were exchanged, compared to its average volume of 1,983,746. The stock has a market capitalization of $170.64 billion, a PE ratio of 60.97, a PEG ratio of 3.80 and a beta of 1.66. Intuitive Surgical, Inc. has a 52 week low of $425.00 and a 52 week high of $603.88. The business has a 50 day simple moving average of $515.05 and a two-hundred day simple moving average of $512.37.

Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last posted its quarterly earnings data on Thursday, January 22nd. The medical equipment provider reported $2.53 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.26. The company had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.72 billion. Intuitive Surgical had a net margin of 28.38% and a return on equity of 15.06%. The company's quarterly revenue was up 18.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.21 EPS. On average, analysts predict that Intuitive Surgical, Inc. will post 6.43 EPS for the current year.

About Intuitive Surgical

Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon's hand movements into finer, scaled motions of small instruments inside the patient. Intuitive's business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.

In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.

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