Intuitive Surgical (ISRG) Stock Value Rose While Perceptive Advisors Has Decreased Its Position by $24.96 Million; Edwards Lifesciences (EW) Shareholder De Burlo Group Has Raised Position

June 17, 2018 - By Peter Erickson

Intuitive Surgical, Inc. (NASDAQ:ISRG) Logo

Joseph Edelman decreased its stake in Intuitive Surgical Inc (ISRG) by 85.83% based on its latest 2018Q1 regulatory filing with the SEC. Perceptive Advisors Llc sold 60,585 shares as the company’s stock rose 5.69% while stock markets declined. The hedge fund run by Joseph Edelman held 10,000 shares of the health care company at the end of 2018Q1, valued at $4.13M, down from 70,585 at the end of the previous reported quarter. Perceptive Advisors Llc who had been investing in Intuitive Surgical Inc for a number of months, seems to be less bullish one the $55.57B market cap company. The stock decreased 1.02% or $5.03 during the last trading session, reaching $490.49. About 658,682 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 50.92% since June 17, 2017 and is uptrending. It has outperformed by 38.35% the S&P500. Some Historical ISRG News: 03/05/2018 – New Study Shows Robotic-Assisted Surgery Benefits for Inguinal Hernia Repair; 17/04/2018 – INTUITIVE SURGICAL 1Q REV. $848M, EST. $778.5M; 30/04/2018 – intuitive surgical, inc. | intuitive surgical endowrist vessel seal | K173337 | 04/26/2018 |; 03/05/2018 – New Study Shows Robotic-Assisted Surgery Benefits for lnguinal Hernia Repair

De Burlo Group Inc increased its stake in Edwards Lifesciences Corp (EW) by 163.49% based on its latest 2018Q1 regulatory filing with the SEC. De Burlo Group Inc bought 30,900 shares as the company’s stock declined 0.56% with the market. The institutional investor held 49,800 shares of the industrial specialties company at the end of 2018Q1, valued at $6.95M, up from 18,900 at the end of the previous reported quarter. De Burlo Group Inc who had been investing in Edwards Lifesciences Corp for a number of months, seems to be bullish on the $32.15 billion market cap company. The stock increased 0.63% or $0.95 during the last trading session, reaching $152.51. About 2.10M shares traded or 49.71% up from the average. Edwards Lifesciences Corporation (NYSE:EW) has risen 19.08% since June 17, 2017 and is uptrending. It has outperformed by 6.51% the S&P500. Some Historical EW News: 16/04/2018 – BSX PREVAILS IN PATENT DISPUTE WITH EDWARDS LIFESCIENCES; 24/04/2018 – Edwards Lifesciences 1Q Adj EPS $1.22; 25/04/2018 – EDWARDS LIFESCIENCES CORP EW.N : NORTHLAND CAPITAL CUTS TO MARKET PERFORM RATING; 22/05/2018 – Real-World Evidence Confirms Clinical Trial Outcomes For Patients Treated With Edwards SAPIEN 3 Valve; 22/05/2018 – EDWARDS LIFESCIENCES – EDWARDS SAPIEN 3 VALVE DATA DEMONSTRATED CONSISTENCY WITH THOSE RESULTS ACHIEVED IN EARLIER CONTROLLED CLINICAL TRIALS; 09/03/2018 MOODY’S: OUTLOOK FOR US MEDICAL PRODUCTS AND DEVICES INDUSTRY CHANGED TO POSITIVE; 24/04/2018 – EDWARDS LIFESCIENCES CORP FY2018 SHR VIEW $4.53, REV VIEW $3.85 BLN — THOMSON REUTERS l/B/E/S; 14/05/2018 – Edwards Lifesciences To Webcast Annual Meeting Of Stockholders; 01/05/2018 – S&PGR Rates Edwards Lifesciences’ Sr Unsecured Debt ‘BBB-‘; 10/04/2018 – Edwards Lifesciences To Host Earnings Conference Call On April 24, 2018

De Burlo Group Inc, which manages about $619.44 million and $459.31M US Long portfolio, decreased its stake in Fortive Corp by 20,300 shares to 95,100 shares, valued at $7.37M in 2018Q1, according to the filing. It also reduced its holding in Owens Corning New (NYSE:OC) by 117,500 shares in the quarter, leaving it with 26,050 shares, and cut its stake in Microchip Technology Inc (NASDAQ:MCHP).

Among 29 analysts covering Edwards Lifesciences Corp (NYSE:EW), 22 have Buy rating, 1 Sell and 6 Hold. Therefore 76% are positive. Edwards Lifesciences Corp had 113 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, November 29. The stock has “Mkt Perform” rating by JMP Securities on Wednesday, January 6. The company was maintained on Sunday, October 8 by Canaccord Genuity. As per Thursday, July 27, the company rating was maintained by Canaccord Genuity. William Blair reinitiated the stock with “Outperform” rating in Monday, August 28 report. Cowen & Co initiated the stock with “Outperform” rating in Friday, October 9 report. The rating was maintained by Guggenheim on Friday, February 2 with “Buy”. The rating was upgraded by BTIG Research to “Buy” on Monday, April 4. The company was maintained on Tuesday, June 27 by Canaccord Genuity. The company was maintained on Thursday, April 7 by Barclays Capital.

More news for Edwards Lifesciences Corporation (NYSE:EW) were recently published by: Ocbj.com, which released: “Midday Stock Roundup” on June 13, 2018. Seekingalpha.com‘s article titled: “Don’t Let Go Of Hasbro – Cramer’s Lightning Round (6/5/18)” and published on June 06, 2018 is yet another important article.

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 11.35, from 12.48 in 2017Q4. It dived, as 44 investors sold ISRG shares while 208 reduced holdings. 89 funds opened positions while 195 raised stakes. 94.20 million shares or 50.91% less from 191.92 million shares in 2017Q4 were reported. Mitsubishi Ufj reported 2.63% stake. Fred Alger Management Inc holds 206,463 shares. Kepos Cap Ltd Partnership has 0.3% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG). Bogle Invest Mgmt Lp De stated it has 0.99% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). Ellington Management Ltd reported 900 shares. Shaker Invests Lc Oh accumulated 2,100 shares. Services Automobile Association has 0.08% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 71,013 shares. Numerixs Invest Tech holds 2,700 shares or 0.27% of its portfolio. Kentucky Retirement Fund reported 2,571 shares or 0.21% of all its holdings. Oppenheimer And Inc reported 0.06% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). Regions has invested 0.04% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Moreover, Peapack Gladstone Financial Corporation has 0% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 982 shares. Conning holds 3,640 shares or 0.05% of its portfolio. Bb&T Corporation has invested 0.02% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Rocky Mountain Advisers Limited Liability Corporation holds 45 shares.

Since January 30, 2018, it had 0 buys, and 30 selling transactions for $128.57 million activity. RUBASH MARK J also sold $470,000 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) shares. Samath Jamie sold $413,172 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) on Tuesday, January 30. 28,525 shares were sold by GUTHART GARY S, worth $11.82 million on Monday, February 5. BARRATT CRAIG H had sold 2,500 shares worth $1.21M on Monday, June 4. On Thursday, April 19 the insider SMITH LONNIE M sold $21.31M. 2,770 shares were sold by Myriam Curet, worth $1.25 million on Monday, April 23.

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 79 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald on Friday, January 26 with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 22 report. The rating was upgraded by Vetr on Wednesday, September 2 to “Strong-Buy”. The firm earned “Buy” rating on Wednesday, January 10 by Cantor Fitzgerald. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Under Perform” rating given on Thursday, July 21 by Northland Capital. As per Wednesday, April 18, the company rating was maintained by Leerink Swann. The rating was maintained by RBC Capital Markets on Wednesday, April 18 with “Hold”. As per Wednesday, July 20, the company rating was maintained by Citigroup. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Buy” rating given on Monday, April 9 by Cantor Fitzgerald. Piper Jaffray maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Thursday, October 19 with “Hold” rating.

More notable recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Benzinga.com which released: “A New Automation ETF For Traders Who Haven’t Yet Been Replaced By Robots” on June 13, 2018, also Nasdaq.com with their article: “Market Trends Toward New Normal in Neogen, Intuitive Surgical, IDT, Government Properties Income Trust, Everbridge …” published on June 13, 2018, Seekingalpha.com published: “Discovery Is Undervalued – Cramer’s Lightning Round (6/11/18)” on June 12, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Nasdaq.com and their article: “3 Robotic Stocks That Can Electrify Your Portfolio” published on May 31, 2018 as well as Globenewswire.com‘s news article titled: “Intuitive to Begin Direct Operations in India” with publication date: May 30, 2018.

Intuitive Surgical, Inc. (NASDAQ:ISRG) Institutional Positions Chart

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