Large Outflow of Money Witnessed in Intuitive Surgical, Inc.

Shares of Intuitive Surgical, Inc. (ISRG) traded 0.74 points or 0.11% higher at $693.43.The total intraday money flow for the shares came in at a disappointing $(-2.4) million. The total upticks amounted to $13.3 million and the total downticks were approximately $15.7 million, with the up/down ratio of 0.85. On a different note, the shares have seen 0.31% price change during the week.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Intuitive Surgical, Inc. has dropped 0.43% in the last five trading days, however, the shares have posted positive gains of 9.91% in the last 4 weeks. Intuitive Surgical, Inc. is up 3.71% in the last 3-month period. Year-to-Date the stock performance stands at 9.91%. Intuitive Surgical, Inc. (NASDAQ:ISRG) rose 0.63% or 4.33 points on Wednesday and made its way into the gainers of the day. After trading began at $690.05 the stock was seen hitting $698 as a peak level and $687.98 as the lowest level. The stock ended up at $697.02. The daily volume was measured at 358,394 shares. The 52-week high of the share price is $727.25 and the 52-week low is $502.01. The company has a market cap of $27,007 million.

Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Mark J Rubash (director) sold 3,000 shares at 684.38 per share price.On Jan 27, 2017, Lonnie M Smith (director) sold 1,000 shares at 684.38 per share price.On Dec 14, 2016, David J. Rosa (EVP & Chief Commercial Officer) sold 7,200 shares at 650.00 per share price.

Intuitive Surgical Last issued its quarterly earnings results on Jan 24, 2017. The company reported $6.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $5.99. The company had revenue of $757.00 million for the quarter, compared to analysts expectations of $757.00 million. The companys revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.89 EPS.

Intuitive Surgical, Inc. designs and manufactures the da Vinci Surgical System. The da Vinci Surgical System seamlessly translates the surgeons natural hand movements on instrument controls at a console into corresponding micromovements of instruments positioned inside the patient through small puncture incisions, or ports. The products provide the surgeon with the range of motion and fine tissue control previously possible only with open surgery, while simultaneously allowing the surgeon to work through small ports.


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