Intuitive Surgical Inc (NASDAQ: ISRG) is 44.48% higher on its value in year-to-date trading and has touched a low of $254.85 and a high of $488.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ISRG stock was last observed hovering at around $483.21 in the last trading session, with the day’s gains setting it 4.21%.
Currently trading at $487.42, the stock is 6.58% and 9.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing 0.87% at the moment leaves the stock 26.99% off its SMA200. ISRG registered 70.03% gain for a year compared to 6-month gain of 28.19%.
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The stock witnessed a 7.11% loss in the last 1 month and extending the period to 3 months gives it a 21.22%, and is 3.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.33% over the week and 2.44% over the month.
Intuitive Surgical Inc (ISRG) has around 13676 employees, a market worth around $173.20B and $7.57B in sales. Current P/E ratio is 83.69 and Fwd P/E is 63.61. Profit margin for the company is 27.65%. Distance from 52-week low is 91.26% and -0.22% from its 52-week high. The company has generated returns on investments over the last 12 months (14.23%).
The EPS is expected to grow by 16.28% this year
2534.0 institutions hold shares in Intuitive Surgical Inc (ISRG), with institutional investors hold 90.95% of the company’s shares. The shares outstanding are 355.35M, and float is at 352.70M with Short Float at 0.96%. Institutions hold 90.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.87 million shares valued at $12.32 billion. The investor’s holdings represent 8.7323 of the ISRG Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 30.32 million shares valued at $12.1 billion to account for 8.5776 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 16.53 million shares representing 4.6762 and valued at over $6.6 billion, while STATE STREET CORP holds 4.2807 of the shares totaling 15.13 million with a market value of $6.04 billion.
Intuitive Surgical Inc (ISRG) Insider Activity
The most recent transaction is an insider sale by DeSantis Robert, the company’s EVP & Chief Strategy & Corp Op. SEC filings show that DeSantis Robert sold 240 shares of the company’s common stock on Aug 12 ’24 at a price of $464.76 per share for a total of $0.11 million. Following the sale, the insider now owns 5506.0 shares.
Still, SEC filings show that on Aug 01 ’24, Johnson Amal M (Director) disposed off 2,943 shares at an average price of $443.30 for $1.3 million. The insider now directly holds 12,275 shares of Intuitive Surgical Inc (ISRG).
