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Intuitive Surgical Inc (ISRG) Volatility At 1.99%, Should You Add A Position?

Intuitive Surgical Inc (NASDAQ: ISRG) is 59.72% higher on its value in year-to-date trading and has touched a low of $320.26 and a high of $556.23 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 $537.02 in the last trading session, with the day’s gains setting it 1.81%.

Currently trading at $538.83, the stock is -0.06% and 1.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 0.34% at the moment leaves the stock 17.97% off its SMA200. ISRG registered 59.71% gain for a year compared to 6-month gain of 21.06%. The firm has a 50-day simple moving average (SMA 50) of $527.606 and a 200-day simple moving average (SMA200) of $456.00186.

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The stock witnessed a 0.42% loss in the last 1 month and extending the period to 3 months gives it a 10.80%, and is 2.35% 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 1.99% over the week and 1.93% over the month.

Intuitive Surgical Inc (ISRG) has around 13676 employees, a market worth around $191.92B and $7.87B in sales. Current P/E ratio is 86.61 and Fwd P/E is 68.55. Profit margin for the company is 28.51%. Distance from 52-week low is 68.25% and -3.13% from its 52-week high. The company has generated returns on investments over the last 12 months (14.39%).

The EPS is expected to grow by 20.27% this year

2704.0 institutions hold shares in Intuitive Surgical Inc (ISRG), with institutional investors hold 89.67% of the company’s shares. The shares outstanding are 356.20M, and float is at 353.99M with Short Float at 1.04%. Institutions hold 89.20% 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 Samath Jamie, the company’s CFO and Head of Business Techn. SEC filings show that Samath Jamie sold 270 shares of the company’s common stock on Dec 10 ’24 at a price of $540.15 per share for a total of $0.15 million. Following the sale, the insider now owns 8757.0 shares.

Still, SEC filings show that on Nov 29 ’24, DeSantis Robert (EVP & Chief Strategy & Corp Op) disposed off 376 shares at an average price of $539.00 for $0.2 million. The insider now directly holds 5,506 shares of Intuitive Surgical Inc (ISRG).

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