Intuitive Surgical, Inc. (NASDAQ:ISRG) is Unio Capital LLC's 7th Largest Position

Unio Capital LLC lowered its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,234 shares of the medical equipment provider's stock after selling 766 shares during the period. Intuitive Surgical accounts for approximately 5.5% of Unio Capital LLC's portfolio, making the stock its 7th largest holding. Unio Capital LLC's holdings in Intuitive Surgical were worth $15,259,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Atala Financial Inc bought a new position in shares of Intuitive Surgical in the fourth quarter worth $25,000. Berbice Capital Management LLC bought a new position in shares of Intuitive Surgical in the fourth quarter worth $26,000. Parvin Asset Management LLC bought a new position in shares of Intuitive Surgical in the fourth quarter worth $26,000. BankPlus Trust Department bought a new position in shares of Intuitive Surgical in the fourth quarter worth $28,000. Finally, Hurley Capital LLC bought a new position in shares of Intuitive Surgical in the fourth quarter worth $28,000. Hedge funds and other institutional investors own 83.64% of the company's stock.

Intuitive Surgical Price Performance

NASDAQ ISRG traded down $4.40 during trading on Thursday, hitting $542.67. 1,128,016 shares of the company's stock traded hands, compared to its average volume of 1,644,782. The stock has a fifty day moving average of $510.44 and a two-hundred day moving average of $537.67. Intuitive Surgical, Inc. has a 12-month low of $396.15 and a 12-month high of $616.00. The firm has a market cap of $194.50 billion, a P/E ratio of 84.66, a PEG ratio of 5.85 and a beta of 1.70.

Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The medical equipment provider reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.10. Intuitive Surgical had a net margin of 27.81% and a return on equity of 14.55%. The business had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period in the prior year, the business posted $1.50 earnings per share. As a group, analysts expect that Intuitive Surgical, Inc. will post 6.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ISRG shares. Truist Financial decreased their price target on shares of Intuitive Surgical from $605.00 to $590.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Wells Fargo & Company increased their target price on Intuitive Surgical from $630.00 to $687.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Erste Group Bank cut Intuitive Surgical from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. CICC Research assumed coverage on Intuitive Surgical in a research note on Monday, January 27th. They issued a "neutral" rating and a $550.00 target price on the stock. Finally, BTIG Research set a $560.00 target price on Intuitive Surgical and gave the company a "buy" rating in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, Intuitive Surgical currently has an average rating of "Moderate Buy" and an average price target of $596.05.

Insider Buying and Selling at Intuitive Surgical

In other news, EVP Myriam Curet sold 2,401 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $581.00, for a total transaction of $1,394,981.00. Following the completion of the sale, the executive vice president now directly owns 353 shares in the company, valued at approximately $205,093. This represents a 87.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robert Desantis sold 11,545 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $499.22, for a total transaction of $5,763,494.90. Following the sale, the executive vice president now owns 5,224 shares of the company's stock, valued at approximately $2,607,925.28. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,700 shares of company stock worth $16,865,621 over the last three months. Company insiders own 0.70% of the company's stock.

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.