Intuitive Surgical Inc (NASDAQ: ISRG) is 44.24% higher on its value in year-to-date trading and has touched a low of $254.85 and a high of $496.48 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 $484.76 in the last trading session, with the day’s gains setting it 1.86%.
Currently trading at $486.62, the stock is 0.32% and 2.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing 0.38% at the moment leaves the stock 18.57% off its SMA200. ISRG registered 64.97% gain for a year compared to 6-month gain of 26.92%. The firm has a 50-day simple moving average (SMA 50) of $474.1046 and a 200-day simple moving average (SMA200) of $411.21454.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.66% loss in the last 1 month and extending the period to 3 months gives it a 11.92%, and is 0.46% 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 2.38% over the week and 1.83% over the month.
Intuitive Surgical Inc (ISRG) has around 13676 employees, a market worth around $172.92B and $7.57B in sales. Current P/E ratio is 83.56 and Fwd P/E is 63.64. Profit margin for the company is 27.65%. Distance from 52-week low is 90.94% and -1.99% 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
2524.0 institutions hold shares in Intuitive Surgical Inc (ISRG), with institutional investors hold 91.06% of the company’s shares. The shares outstanding are 355.35M, and float is at 353.02M with Short Float at 1.12%. Institutions hold 90.58% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.6 million shares valued at $14.06 billion. The investor’s holdings represent 8.9396 of the ISRG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 30.12 million shares valued at $13.4 billion to account for 8.5211 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 15.84 million shares representing 4.4813 and valued at over $7.05 billion, while STATE STREET CORP holds 4.198 of the shares totaling 14.84 million with a market value of $6.6 billion.
Intuitive Surgical Inc (ISRG) Insider Activity
The most recent transaction is an insider sale by Ladd Amy L, the company’s Director. SEC filings show that Ladd Amy L sold 450 shares of the company’s common stock on Sep 13 ’24 at a price of $490.28 per share for a total of $0.22 million. Following the sale, the insider now owns 821.0 shares.
Intuitive Surgical Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Brosius Mark () sold a total of 2,115 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $491.91 per share for $1.04 million. Following the transaction, the insider now directly holds 295.0 shares of the ISRG stock.
Still, SEC filings show that on Sep 13 ’24, AMY L LADD (Director) Proposed Sale 450 shares at an average price of $490.28 for $0.22 million. The insider now directly holds shares of Intuitive Surgical Inc (ISRG).