Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock Holdings Raised by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. grew its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 23.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,528 shares of the medical equipment provider's stock after acquiring an additional 4,431 shares during the quarter. Intuitive Surgical accounts for 1.5% of EFG Asset Management North America Corp.'s portfolio, making the stock its 7th biggest holding. EFG Asset Management North America Corp.'s holdings in Intuitive Surgical were worth $7,938,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ISRG. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in shares of Intuitive Surgical by 0.3% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 8,899 shares of the medical equipment provider's stock valued at $3,002,000 after purchasing an additional 27 shares in the last quarter. Liberty Capital Management Inc. grew its position in shares of 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 purchasing an additional 30 shares in the last quarter. Miracle Mile Advisors LLC grew its position in shares of Intuitive Surgical by 2.3% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,438 shares of the medical equipment provider's stock valued at $485,000 after purchasing an additional 32 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in shares of Intuitive Surgical by 1.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 2,192 shares of the medical equipment provider's stock valued at $739,000 after purchasing an additional 33 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its position in shares of Intuitive Surgical by 10.7% in the fourth quarter. Venturi Wealth Management LLC now owns 341 shares of the medical equipment provider's stock valued at $115,000 after purchasing an additional 33 shares in the last quarter. 83.64% of the stock is owned by institutional investors.

Insider Buying and Selling at Intuitive Surgical

In other news, VP Marshall Mohr sold 108,790 shares of the firm's stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $385.08, for a total transaction of $41,892,853.20. Following the transaction, the vice president now directly owns 26,877 shares in the company, valued at $10,349,795.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, EVP Robert Desantis sold 1,498 shares of Intuitive Surgical stock in a transaction on Friday, April 26th. The shares were sold at an average price of $369.92, for a total value of $554,140.16. Following the transaction, the executive vice president now directly owns 5,507 shares in the company, valued at approximately $2,037,149.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Marshall Mohr sold 108,790 shares of Intuitive Surgical stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $385.08, for a total transaction of $41,892,853.20. Following the completion of the transaction, the vice president now owns 26,877 shares in the company, valued at $10,349,795.16. The disclosure for this sale can be found here. Insiders have sold 148,290 shares of company stock worth $57,207,154 over the last three months. Insiders own 0.90% of the company's stock.

Intuitive Surgical Price Performance

Shares of ISRG traded up $2.39 during mid-day trading on Friday, reaching $398.82. The company's stock had a trading volume of 720,160 shares, compared to its average volume of 1,555,841. The company's 50 day moving average is $384.83 and its 200 day moving average is $356.65. The stock has a market cap of $141.46 billion, a PE ratio of 71.60, a price-to-earnings-growth ratio of 5.16 and a beta of 1.39. Intuitive Surgical, Inc. has a 12-month low of $254.85 and a 12-month high of $403.76.

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ISRG shares. Barclays increased their price objective on Intuitive Surgical from $385.00 to $430.00 and gave the stock an "overweight" rating in a research report on Thursday, January 25th. Truist Financial increased their price objective on Intuitive Surgical from $390.00 to $435.00 and gave the stock a "buy" rating in a research report on Wednesday, January 24th. Piper Sandler increased their price objective on Intuitive Surgical from $425.00 to $435.00 and gave the stock an "overweight" rating in a research report on Friday, April 19th. Royal Bank of Canada raised their price target on Intuitive Surgical from $400.00 to $432.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 24th. Finally, Jefferies Financial Group increased their price target on shares of Intuitive Surgical from $365.00 to $375.00 and gave the stock a "hold" rating in a research report on Friday, April 19th. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $396.17.

About Intuitive Surgical

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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