Andrew Hill Investment Advisors Inc. Takes $1.51 Million Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Andrew Hill Investment Advisors Inc. bought a new stake in Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,460 shares of the medical equipment provider's stock, valued at approximately $1,505,000. Intuitive Surgical makes up about 1.6% of Andrew Hill Investment Advisors Inc.'s portfolio, making the stock its 28th largest holding.

Several other institutional investors also recently bought and sold shares of the company. Liberty Capital Management Inc. boosted its stake in Intuitive Surgical by 3.8% in the fourth quarter. Liberty Capital Management Inc. now owns 815 shares of the medical equipment provider's stock valued at $275,000 after acquiring an additional 30 shares in the last quarter. Miracle Mile Advisors LLC lifted its stake in shares of Intuitive Surgical by 2.3% during the fourth quarter. Miracle Mile Advisors LLC now owns 1,438 shares of the medical equipment provider's stock worth $485,000 after buying an additional 32 shares during the period. Ausdal Financial Partners Inc. lifted its stake in shares of Intuitive Surgical by 1.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 2,192 shares of the medical equipment provider's stock worth $739,000 after buying an additional 33 shares during the period. Venturi Wealth Management LLC lifted its stake in shares of Intuitive Surgical by 10.7% during the fourth quarter. Venturi Wealth Management LLC now owns 341 shares of the medical equipment provider's stock worth $115,000 after buying an additional 33 shares during the period. Finally, Modera Wealth Management LLC lifted its stake in shares of Intuitive Surgical by 2.0% during the third quarter. Modera Wealth Management LLC now owns 1,715 shares of the medical equipment provider's stock worth $501,000 after buying an additional 34 shares during the period. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Intuitive Surgical Stock Down 1.7 %

Shares of NASDAQ ISRG traded down $6.29 during trading on Friday, hitting $366.34. The company had a trading volume of 3,966,068 shares, compared to its average volume of 1,675,699. The stock has a fifty day simple moving average of $386.84 and a two-hundred day simple moving average of $343.10. Intuitive Surgical, Inc. has a fifty-two week low of $254.85 and a fifty-two week high of $403.76. The firm has a market capitalization of $129.85 billion, a price-to-earnings ratio of 72.83, a price-to-earnings-growth ratio of 5.81 and a beta of 1.36.

Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last announced its 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. Intuitive Surgical had a net margin of 25.24% and a return on equity of 13.11%. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the business earned $1.00 earnings per share. The company's revenue for the quarter was up 11.5% compared to the same quarter last year. On average, analysts anticipate that Intuitive Surgical, Inc. will post 4.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Truist Financial lifted their price objective on shares of Intuitive Surgical from $390.00 to $435.00 and gave the stock a "buy" rating in a research note on Wednesday, January 24th. Piper Sandler raised their target price on shares of Intuitive Surgical from $425.00 to $435.00 and gave the stock an "overweight" rating in a report on Friday. Jefferies Financial Group raised their target price on shares of Intuitive Surgical from $365.00 to $375.00 and gave the stock a "hold" rating in a report on Friday. Wells Fargo & Company raised their target price on shares of Intuitive Surgical from $363.00 to $416.00 and gave the stock an "overweight" rating in a report on Friday, January 19th. Finally, BTIG Research raised their target price on shares of Intuitive Surgical from $412.00 to $421.00 and gave the stock a "buy" rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $381.24.

Insider Activity

In related news, EVP Myriam Curet sold 4,318 shares of the business's stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $370.15, for a total transaction of $1,598,307.70. Following the transaction, the executive vice president now directly owns 189 shares in the company, valued at $69,958.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Myriam Curet sold 4,318 shares of the business's stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $370.15, for a total transaction of $1,598,307.70. Following the transaction, the executive vice president now directly owns 189 shares in the company, valued at $69,958.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alan J. Levy sold 2,000 shares of the business's stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $370.20, for a total transaction of $740,400.00. Following the transaction, the director now owns 25,319 shares in the company, valued at $9,373,093.80. The disclosure for this sale can be found here. Insiders have sold a total of 248,418 shares of company stock worth $95,927,097 over the last 90 days. 0.90% of the stock is currently owned by company insiders.

Intuitive Surgical Company 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.