Intuitive Surgical, Inc. (ISRG) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank grew its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 241.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,252 shares of the medical equipment provider’s stock after acquiring an additional 34,126 shares during the period. Toronto Dominion Bank’s holdings in Intuitive Surgical were worth $17,610,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ISRG. Lord Abbett & CO. LLC raised its stake in shares of Intuitive Surgical by 55.5% in the second quarter. Lord Abbett & CO. LLC now owns 62,078 shares of the medical equipment provider’s stock valued at $58,066,000 after acquiring an additional 22,152 shares during the last quarter. W. E. Donoghue & Co. LLC bought a new position in shares of Intuitive Surgical in the second quarter valued at approximately $2,306,000. Eqis Capital Management Inc. raised its stake in shares of Intuitive Surgical by 17.2% in the third quarter. Eqis Capital Management Inc. now owns 408 shares of the medical equipment provider’s stock valued at $427,000 after acquiring an additional 60 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Intuitive Surgical in the third quarter valued at approximately $2,524,000. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Intuitive Surgical by 152.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 43,496 shares of the medical equipment provider’s stock valued at $45,491,000 after acquiring an additional 26,260 shares during the last quarter. Institutional investors own 36.79% of the company’s stock.

A number of research analysts have recently issued reports on the stock. Barclays reiterated an “overweight” rating and issued a $465.00 target price on shares of Intuitive Surgical in a research note on Thursday, January 11th. BidaskClub upgraded shares of Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 11th. Citigroup cut their target price on shares of Intuitive Surgical to $507.00 and set a “buy” rating for the company in a research note on Tuesday, February 6th. Vetr upgraded shares of Intuitive Surgical from a “buy” rating to a “strong-buy” rating and set a $443.17 target price for the company in a research note on Thursday, February 8th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $490.00 price objective on shares of Intuitive Surgical in a research report on Friday, January 26th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Intuitive Surgical has a consensus rating of “Buy” and an average target price of $408.48.

In other Intuitive Surgical news, SVP Mark J. Meltzer sold 3,000 shares of the company’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $400.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the senior vice president now owns 9,888 shares in the company, valued at approximately $3,955,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mark J. Meltzer sold 6,000 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $397.14, for a total transaction of $2,382,840.00. Following the sale, the senior vice president now owns 9,888 shares of the company’s stock, valued at approximately $3,926,920.32. The disclosure for this sale can be found here. Insiders have sold a total of 85,016 shares of company stock valued at $35,133,026 in the last quarter. Corporate insiders own 2.20% of the company’s stock.

Intuitive Surgical, Inc. (NASDAQ:ISRG) opened at $409.89 on Thursday. Intuitive Surgical, Inc. has a 1 year low of $236.84 and a 1 year high of $452.00. The firm has a market cap of $45,930.00, a P/E ratio of 72.16, a P/E/G ratio of 4.73 and a beta of 0.50.

Intuitive Surgical (NASDAQ:ISRG) last posted its quarterly earnings data on Thursday, January 25th. The medical equipment provider reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.27. The firm had revenue of $892.40 million during the quarter, compared to analysts’ expectations of $866.54 million. Intuitive Surgical had a net margin of 21.09% and a return on equity of 19.93%. Intuitive Surgical’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.03 EPS. equities analysts forecast that Intuitive Surgical, Inc. will post 7.93 earnings per share for the current year.

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Intuitive Surgical Company Profile

Intuitive Surgical, Inc (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports.

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Institutional Ownership by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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