As Intuitive Surgical (ISRG) Market Valuation Rose, Next Century Growth Investors Decreased Position; Seachange Intl (SEAC) Holder Ariel Investments Has Cut Its Position by $693,188 as Share Value Declined

June 17, 2018 - By Vivian Currie

Intuitive Surgical, Inc. (NASDAQ:ISRG) Logo

John W. Rogers decreased its stake in Seachange Intl Inc. (SEAC) by 11.83% based on its latest 2018Q1 regulatory filing with the SEC. Ariel Investments Llc sold 346,594 shares as the company’s stock declined 8.83% with the market. The hedge fund run by John W. Rogers held 2.58 million shares of the technology company at the end of 2018Q1, valued at $7.00M, down from 2.93M at the end of the previous reported quarter. Ariel Investments Llc who had been investing in Seachange Intl Inc. for a number of months, seems to be less bullish one the $115.06 million market cap company. The stock increased 2.87% or $0.09 during the last trading session, reaching $3.23. About 227,763 shares traded or 52.82% up from the average. SeaChange International, Inc. (NASDAQ:SEAC) has risen 18.93% since June 17, 2017 and is uptrending. It has outperformed by 6.36% the S&P500. Some Historical SEAC News: 31/05/2018 – SeaChange cFlow™ Portfolio Equips Content Owners, Aggregators, Service Providers to Serve Up Personalization; 16/04/2018 – SeaChange Sees FY19 Rev $80M-$90M; 16/04/2018 – SeaChange 4Q Cont Ops EPS 4c; 16/04/2018 – SeaChange Sees 1Q Rev $13M-$15M; 14/05/2018 – Roumell Asset Management LLC Exits Position in Seachange; 23/05/2018 – SeaChange International to Issue Fiscal 2019 First Quarter Results on June 6, 2018; 15/05/2018 – Viex Capital Advisors LLC Exits Position in Seachange; 15/05/2018 – DSC Advisors Buys New 1% Position in Seachange; 16/04/2018 – SEACHANGE INTERNATIONAL INC SEAC.O SEES FY 2019 REVENUE $80 MLN TO $90 MLN; 16/04/2018 – SEACHANGE 4Q ADJ EPS 10C, EST. 7.0C

Next Century Growth Investors Llc decreased its stake in Intuitive Surgical Inc. (ISRG) by 52.46% based on its latest 2018Q1 regulatory filing with the SEC. Next Century Growth Investors Llc sold 3,630 shares as the company’s stock rose 5.69% while stock markets declined. The institutional investor held 3,290 shares of the health care company at the end of 2018Q1, valued at $1.36 million, down from 6,920 at the end of the previous reported quarter. Next Century Growth Investors 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: 29/05/2018 – Intuitive to Begin Direct Operations in India; 18/04/2018 – Intuitive Surgical Volume Jumps More Than Eight Times Average; 23/03/2018 The research center previously created Apple’s Siri and the core technology used by Intuitive Surgical in their da Vinci systems; 17/04/2018 – INTUITIVE CLIMBS 6% POST-MARKET AS 1Q RESULTS BEAT ESTIMATES; 17/04/2018 – Intuitive Surgical 1Q Net $288M; 21/04/2018 – DJ Intuitive Surgical Inc, Inst Holders, 1Q 2018 (ISRG); 16/04/2018 – Intuitive Surgical Inc expected to post earnings of $2.07 a share – Earnings Preview; 17/04/2018 – INTUITIVE SURGICAL 1Q ADJ EPS $2.44, EST. $2.07; 23/05/2018 – Intuitive Surgical at Goldman Sachs Conference Jun 13; 17/04/2018 – Intuitive Surgical’s quarterly profit jumps 59 percent

More important recent SeaChange International, Inc. (NASDAQ:SEAC) news were published by: Nasdaq.com which released: “SeaChange International to Issue Fiscal 2019 First Quarter Results on June 6, 2018” on May 23, 2018, also Nasdaq.com published article titled: “SeaChange Launches Powerful Cloud-Based, End-to-End Multi-Screen Video Management and Delivery Platform”, Globenewswire.com published: “SeaChange International Reports First Quarter Fiscal 2019 Results” on June 06, 2018. More interesting news about SeaChange International, Inc. (NASDAQ:SEAC) was released by: Streetinsider.com and their article: “SeaChange Int’l (SEAC) is a $6 Stock – BWS Financial” with publication date: June 07, 2018.

Ariel Investments Llc, which manages about $8.99B and $8.76 billion US Long portfolio, upped its stake in Anixter Intl Inc. (NYSE:AXE) by 86,602 shares to 1.28M shares, valued at $96.86 million in 2018Q1, according to the filing. It also increased its holding in Bok Financial Corp. (NASDAQ:BOKF) by 46,810 shares in the quarter, for a total of 514,177 shares, and has risen its stake in Cowen Inc..

Among 4 analysts covering SeaChange International (NASDAQ:SEAC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. SeaChange International had 5 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, December 7 by Lake Street. The firm has “Hold” rating given on Friday, July 24 by Drexel Hamilton. The rating was downgraded by Lake Street on Tuesday, August 23 to “Hold”. Dougherty & Company maintained the shares of SEAC in report on Wednesday, August 24 with “Buy” rating. The rating was downgraded by Noble Financial on Friday, April 8 to “Hold”.

Investors sentiment increased to 1.91 in Q1 2018. Its up 0.53, from 1.38 in 2017Q4. It improved, as 8 investors sold SEAC shares while 15 reduced holdings. 19 funds opened positions while 25 raised stakes. 24.00 million shares or 9.22% more from 21.97 million shares in 2017Q4 were reported. The Massachusetts-based Acadian Asset Ltd Com has invested 0% in SeaChange International, Inc. (NASDAQ:SEAC). Tower Ltd Liability Com (Trc) owns 12,304 shares or 0% of their US portfolio. Morgan Stanley reported 23,800 shares or 0% of all its holdings. Geode Mngmt Ltd Liability Company stated it has 0% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC). Managed Asset Portfolios Limited Com holds 0.05% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC) for 52,800 shares. Pinnacle Associate Limited has invested 0% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC). Axa holds 165,303 shares. Art Advsrs Ltd Liability Corp owns 72,071 shares or 0.01% of their US portfolio. Engineers Gate Manager Lp invested in 0% or 16,312 shares. Goldman Sachs Grp Inc Inc Inc reported 0% in SeaChange International, Inc. (NASDAQ:SEAC). Northern Trust invested in 0% or 108,949 shares. Macquarie Ltd holds 263,052 shares or 0% of its portfolio. Spark Invest Management Llc stated it has 0.01% of its portfolio in SeaChange International, Inc. (NASDAQ:SEAC). Bridgeway accumulated 180,000 shares or 0.01% of the stock. National Bank & Trust Of Ny Mellon Corporation invested 0% in SeaChange International, Inc. (NASDAQ:SEAC).

Since January 30, 2018, it had 0 buys, and 30 sales for $128.57 million activity. MOHR MARSHALL had sold 7,500 shares worth $3.37M on Tuesday, April 24. The insider Myriam Curet sold $1.25 million. $485,202 worth of stock was sold by Samath Jamie on Friday, April 20. $4.48M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) shares were sold by SMITH LONNIE M. 36,642 shares were sold by GUTHART GARY S, worth $16.38M. BARRATT CRAIG H also sold $1.21 million worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) on Monday, June 4.

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. On Thursday, November 12 the stock rating was initiated by Citigroup with “Buy”. The stock has “Buy” rating by Citigroup on Wednesday, July 20. The rating was initiated by Wells Fargo with “Outperform” on Thursday, October 13. The rating was downgraded by BTIG Research on Friday, April 1 to “Neutral”. The rating was maintained by J.P. Morgan on Friday, July 21 with “Buy”. The company was maintained on Monday, April 16 by J.P. Morgan. The firm earned “Buy” rating on Wednesday, April 20 by Bank of America. The stock has “Buy” rating by Citigroup on Tuesday, February 6. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Under Perform” rating by Northland Capital on Thursday, July 21. Canaccord Genuity maintained the shares of ISRG in report on Tuesday, January 2 with “Hold” rating.

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

Analysts await Intuitive Surgical, Inc. (NASDAQ:ISRG) to report earnings on July, 19. They expect $2.02 EPS, up 20.24% or $0.34 from last year’s $1.68 per share. ISRG’s profit will be $228.86M for 60.70 P/E if the $2.02 EPS becomes a reality. After $2.44 actual EPS reported by Intuitive Surgical, Inc. for the previous quarter, Wall Street now forecasts -17.21% negative EPS growth.

Investors sentiment decreased to 1.13 in Q1 2018. Its down 11.35, from 12.48 in 2017Q4. It worsened, 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. Commerzbank Aktiengesellschaft Fi reported 16,434 shares. Bridgeway Capital Inc invested in 7,720 shares. Advsr Cap Management Limited Liability Company invested in 0.02% or 540 shares. Maine-based Bath Savings Tru has invested 0.48% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Factory Mutual Insurance Co has 0.18% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG). 80,749 are owned by Stephens Invest Gru Incorporated Ltd Llc. Barclays Public Limited Com stated it has 0.07% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Renaissance Tech Ltd Limited Liability Company has 1.48 million shares. Tci Wealth has 0.04% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 210 shares. Baker Boyer Bankshares has 1,104 shares for 1.38% of their portfolio. Two Sigma Limited Liability Com invested 0.02% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Pathstone Family Office Limited Com holds 0.01% or 21 shares in its portfolio. Cibc Asset Management Inc accumulated 16,365 shares or 0.04% of the stock. Comm National Bank invested in 0.01% or 1,845 shares. Dupont Capital Mngmt reported 999 shares.

SeaChange International, Inc. (NASDAQ:SEAC) Institutional Positions Chart

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