Macquarie Group Ltd. Decreases Holdings in Intuitive Surgical, Inc. (ISRG)

Marco Green
October 24, 2017

Fdx Advisors Inc decreased Intuitive Surgical Inc Com New (ISRG) stake by 21.94% reported in 2017Q2 SEC filing. Healthcor Management Lp sold 47,692 shares as Intuitive Surgical Inc (ISRG)'s stock rose 20.10%. BlackRock Inc. now owns 2,846,621 shares of the medical equipment provider's stock valued at $2,181,851,000 after purchasing an additional 2,747,465 shares during the period.

Public Employees Retirement System of OH lifted its stake in Intuitive Surgical, Inc.

About 741,966 shares traded. Cantor Fitzgerald began coverage on Intuitive Surgical in a report on Thursday, June 29th. It has outperformed by 22.82% the S&P500. On average, analysts predict that Intuitive Surgical will post $7.93 earnings per share for the current year. Therefore 60% are positive. Barclays PLC increased their price target on Intuitive Surgical from $96.67 to $111.11 and gave the company an "overweight" rating in a report on Friday, July 21st.

The stock increased 0.61% or $0.07 on October 23, reaching $11.64. The firm earned "Buy" rating on Wednesday, August 19 by Vetr. For the past month, Intuitive Surgical, Inc.'s stock has been 7.62%, 16.81% for the last quarter, 34.85% for the past six months and 62.61% for the past 52 weeks. Wedbush reissued a "buy" rating on shares of Intuitive Surgical in a report on Tuesday, October 10th.

Currently, the analyst consensus on Intuitive Surgical is Moderate Buy and the average price target is $362.90, representing a -2.6% downside. (NASDAQ:ISRG) on Friday, July 21 with "Hold" rating. As per Friday, July 21, the company rating was maintained by J.P. Morgan. The firm has "Outperform" rating given on Wednesday, November 18 by Credit Suisse.

When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its up 0.12, from 0.83 in 2017Q1.

A number of other large investors also recently modified their holdings of the business.

The most recent non open market insider trade was completed by ROSA DAVID J. on 08/28/2017, and was a disposition of 510 shares with a final price of $0. Cornerstone Capital Mgmt Hldgs Ltd Liability Co accumulated 6,687 shares. Canaccord Genuity maintained Intuitive Surgical, Inc. (NASDAQ:ISRG). Banque Pictet Cie Sa accumulated 3,067 shares.

The top 5 institutional holders, in ascending order, are as follows: PRICE T ROWE ASSOCIATES INC /MD/ with 14.48 million shares, FMR LLC with 8.17 million shares, BLACKROCK INC. with 8.04 million shares, VANGUARD GROUP INC with 7.57 million shares, and STATE STREET CORP with 4.72 million shares. (NASDAQ:ISRG) shares with value of $1.20 million were sold by Brogna Salvatore. Goldman Sachs downgraded Intuitive Surgical, Inc. Jpmorgan Chase And Communication invested in 848,556 shares. 3,695 are owned by Scott & Selber Inc. It is 0.32% or $0 reaching $1.58 per share. QCM Cayman Ltd. bought a new stake in Intuitive Surgical during the 2nd quarter worth about $232,000. (NASDAQ:ISRG). Virtus Advisers holds 850 shares. First Manhattan stated it has 0% of its portfolio in Intuitive Surgical, Inc.

Several other equities research analysts also recently issued reports on ISRG.

Since May 2, 2017, it had 0 insider buys, and 9 sales for $15.37 million activity. Canaccord Genuity maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) shares. Another trade for 1,946 shares valued at $1.79M was sold by Samath Jamie.

SQ's shares were trading -2.42% below from the 52-week high price mark of $33.31 and 195.45% above from the 52-week price bottom of $11. Shares for $2.66M were sold by MELTZER MARK J on Monday, June 12. Moreover, 1St Source Commercial Bank has 0.02% invested in Intuitive Surgical, Inc.

Caesars Entertainment Corporation is a holding company.

Square, Inc. (NYSE:SQ) posting a 1.18% after which it closed the day' session at $32.50 and the company has experienced volume of 5,908,342 shares while on average the company has a capacity of trading 7.01M share while its relative trading volume is 0.84. The Firm operates through two divisions: Avista Utilities, and Alaska Electric Light and Power Company. The Company's regional services include government and higher education, medical services, retail trade and finance. Five equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Therefore 72% are positive. Zendesk had 37 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, October 16 by Wells Fargo. As per Monday, October 2, the company rating was maintained by RBC Capital Markets. The stock has "Buy" rating by Citigroup on Thursday, November 12. On Friday, April 1 the stock rating was downgraded by BTIG Research to "Neutral". RBC Capital Markets maintained Intuitive Surgical, Inc.

Since May 5, 2017, it had 0 insider purchases, and 2 selling transactions for $143,216 activity.

At the time of writing, the stock was trading at $30.13. Shares for $14.21 million were sold by Menear Craig A.

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