Is Intuitive Surgical, Inc. (ISRG)’s Fuel Running Low? The Stock Reaches 52-Week High Today

January 20, 2018 - By Marguerite Chambers

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.03, from 1.07 in 2017Q2. It dropped, as 35 investors sold Intuitive Surgical, Inc. shares while 190 reduced holdings. 63 funds opened positions while 170 raised stakes. 36.20 million shares or 0.41% more from 36.05 million shares in 2017Q2 were reported.
Strategy Asset Managers Ltd reported 4,072 shares stake. Mason Street Ltd Liability invested in 5,176 shares or 0.13% of the stock. Whittier Trust Of Nevada holds 0.09% or 957 shares in its portfolio. Tokio Marine Asset Management Ltd stated it has 0.05% in Intuitive Surgical, Inc. (NASDAQ:ISRG). The Virginia-based Virginia Retirement Et Al has invested 0.33% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Pitcairn Comm invested 0.64% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Hikari Tsushin owns 11,340 shares. Factory Mutual Insur Co holds 0.15% or 13,000 shares. Premier Asset Management Lc stated it has 9,328 shares or 2.19% of all its holdings. Hsbc Holding Public Ltd Company stated it has 34,435 shares. Sumitomo Mitsui Asset Mngmt invested 0.05% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Cornerstone Capital Management Limited Liability Corporation owns 6,578 shares or 0.05% of their US portfolio. Wells Fargo And Mn, California-based fund reported 170,079 shares. Arrowstreet Cap Lp accumulated 293,982 shares. Employees Retirement System Of Texas reported 2,400 shares stake.

Since August 22, 2017, it had 0 buys, and 13 selling transactions for $25.42 million activity. $854,000 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by Leonard Keith R on Thursday, August 31. The insider Samath Jamie sold 1,564 shares worth $580,535. RUBASH MARK J sold $2.51 million worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) on Tuesday, October 24. $2.23M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by MOHR MARSHALL on Monday, October 30. Brogna Salvatore also sold $900,708 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) on Friday, September 1. LEVY ALAN J also sold $1.11 million worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) on Tuesday, October 24.

The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) hit a new 52-week high and has $467.89 target or 8.00 % above today’s $433.23 share price. The 7 months bullish chart indicates low risk for the $48.54B company. The 1-year high was reported on Jan, 20 by Barchart.com. If the $467.89 price target is reached, the company will be worth $3.88B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.27% or $1.16 during the last trading session, reaching $433.23. About 751,544 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since January 20, 2017 and is uptrending. It has outperformed by 22.82% the S&P500.

Analysts await Intuitive Surgical, Inc. (NASDAQ:ISRG) to report earnings on January, 23. They expect $1.91 EPS, up 7.91 % or $0.14 from last year’s $1.77 per share. ISRG’s profit will be $214.01M for 56.71 P/E if the $1.91 EPS becomes a reality. After $2.55 actual EPS reported by Intuitive Surgical, Inc. for the previous quarter, Wall Street now forecasts -25.10 % negative EPS growth.

Intuitive Surgical, Inc. (NASDAQ:ISRG) Ratings Coverage

Among 20 analysts covering Intuitive Surgical Inc (NASDAQ:ISRG), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Intuitive Surgical Inc had 61 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, April 20 the stock rating was maintained by Bank of America with “Buy”. Piper Jaffray maintained it with “Hold” rating and $90000 target in Thursday, July 20 report. The firm earned “Hold” rating on Tuesday, June 13 by BTIG Research. As per Wednesday, July 20, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating given on Sunday, September 6 by Wedbush. The rating was maintained by Piper Jaffray with “Hold” on Thursday, October 19. Citigroup maintained the shares of ISRG in report on Wednesday, July 20 with “Buy” rating. On Tuesday, July 18 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by Morgan Stanley on Friday, October 20 with “Overweight”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, January 7 report.

More notable recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Benzinga.com which released: “Vetr Downgrades Intuitive Surgical” on January 11, 2018, also Zacks.com with their article: “Intuitive Surgical (ISRG) Upbeat on Q4 & 2017 Sales Results” published on January 11, 2018, Fool.com published: “Here’s How Intuitive Surgical, Inc. Crushed It in 2017” on January 16, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Fool.com and their article: “Intuitive Surgical Announces Upbeat Preliminary Results” published on January 10, 2018 as well as Nasdaq.com‘s news article titled: “Will Intuitive Surgical (ISRG) Disappoint in Q4 Earnings?” with publication date: January 16, 2018.

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. The company has market cap of $48.54 billion. The companyÂ’s da Vinci surgical System translates a surgeonÂ’s natural 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. It has a 55.93 P/E ratio. The Company’s da Vinci surgical system include surgeonÂ’s consoles, patient-side carts, 3-D vision systems, da Vinci skills simulators, da Vinci Xi integrated table motions, and Firefly fluorescence imaging products that enable surgeons to perform various surgical procedures, including gynecologic, urologic, general, cardiothoracic, and head and neck surgical procedures.

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