A Reversal for Intuitive Surgical Incorporated (NASDAQ:ISRG) Is Near. The Stock Has Decrease in Shorts

January 22, 2018 - By Kurt Siggers

 A Reversal for Intuitive Surgical Incorporated (NASDAQ:ISRG) Is Near. The Stock Has Decrease in Shorts

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.03, from 1.07 in 2017Q2. It is negative, 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.
Citadel Advsrs Ltd Llc invested in 0.05% or 65,930 shares. 64,434 were reported by Deutsche National Bank Ag. Conning holds 0.04% in Intuitive Surgical, Inc. (NASDAQ:ISRG) or 1,230 shares. 30,617 are held by Blair William & Il. Main Street Rech Ltd Liability Corp accumulated 233 shares. 131,539 were accumulated by Df Dent & Co. 34 were reported by Kings Point Capital Mngmt. Gofen & Glossberg Limited Co Il, Illinois-based fund reported 627 shares. Oppenheimer And Inc has invested 0.04% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Hikari Pwr Ltd has 1.05% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG). Da Davidson & Com holds 0.03% or 1,572 shares. 24 are held by San Francisco Sentry Investment Grp Incorporated (Ca). Mcrae Cap Mngmt holds 610 shares. Raymond James Finance Advisors Inc stated it has 0.06% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Perigon Wealth Mgmt Limited Com has invested 0.38% in Intuitive Surgical, Inc. (NASDAQ:ISRG).

Since August 22, 2017, it had 0 insider purchases, and 13 selling transactions for $25.42 million activity. Leonard Keith R sold $854,000 worth of stock or 854 shares. On Thursday, October 26 BARRATT CRAIG H sold $2.86M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) or 7,500 shares. The insider Myriam Curet sold 262 shares worth $97,726. $580,535 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by Samath Jamie. The insider RUBASH MARK J sold $2.51 million. $2.23 million worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by MOHR MARSHALL on Monday, October 30.

The stock of Intuitive Surgical Incorporated (NASDAQ:ISRG) registered a decrease of 20.5% in short interest. ISRG’s total short interest was 3.06 million shares in January as published by FINRA. Its down 20.5% from 3.85M shares, reported previously. With 809,200 shares average volume, it will take short sellers 4 days to cover their ISRG’s short positions.

The stock decreased 0.79% or $3.425 during the last trading session, reaching $429.805. About 170,534 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since January 22, 2017 and is uptrending. It has outperformed by 22.82% the S&P500.

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. The company has market cap of $48.16 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 55.49 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.

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. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Neutral” rating given on Thursday, June 2 by Goldman Sachs. As per Thursday, January 7, the company rating was maintained by RBC Capital Markets. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Outperform” rating given on Thursday, October 13 by Wells Fargo. Citigroup maintained the stock with “Buy” rating in Wednesday, July 20 report. Citigroup initiated the shares of ISRG in report on Thursday, November 12 with “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 22. Stifel Nicolaus maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Wednesday, July 20 with “Buy” rating. The rating was maintained by RBC Capital Markets on Monday, October 2 with “Hold”. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Buy” rating by Canaccord Genuity on Friday, May 26. BTIG Research maintained the shares of ISRG in report on Tuesday, June 13 with “Hold” rating.

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 Nasdaq.com with their article: “Will Intuitive Surgical (ISRG) Disappoint in Q4 Earnings?” published on January 16, 2018, Zacks.com published: “Intuitive Surgical (ISRG) Upbeat on Q4 & 2017 Sales Results” on January 11, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Washingtonpost.com and their article: “Signet and Domino’s skid while Intuitive Surgical rises” published on January 10, 2018 as well as Fool.com‘s news article titled: “Intuitive Surgical Announces Upbeat Preliminary Results” with publication date: January 10, 2018.

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