 |
 Video: What is a Stock Split?
|
|
|
| Intuitive Surgical develops, manufactures, and markets the da Vinci® Surgical System and the Ion® endoluminal system. The systems consist of a surgeon console or consoles, a patient-side cart, a vision system, and proprietary instruments and accessories. Co.'s technology is designed to provide surgeons with a range of articulation of the surgical instruments used in the surgical field analogous to the motions of a human wrist, while filtering out the tremor inherent in a surgeon's hand. Co.'s platform for robotic-assisted surgery, da Vinci Surgical System, allows surgeons to operate while seated at a ergonomic console viewing a three-dimensional, high definition image of the surgical field. According to our ISRG split history records, Intuitive Surgical has had 2 splits. | |
|
Intuitive Surgical (ISRG) has 2 splits in our ISRG split history database. The first split for ISRG took place on October 06, 2017. This was a 3 for 1 split, meaning for each share of ISRG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. ISRG's second split took place on October 05, 2021. This was a 3 for 1 split, meaning for each share of ISRG owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 9000 share position following the split.
When a company such as Intuitive Surgical splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ISRG split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Intuitive Surgical shares, starting with a $10,000 purchase of ISRG, presented on a split-history-adjusted basis factoring in the complete ISRG split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
09/10/2024 |
|
| Start price/share: |
$53.41 |
|
| End price/share: |
$484.24 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
806.65% |
|
| Average Annual Total Return: |
24.66% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$90,684.59 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 10/06/2017 | 3 for 1 | | 10/05/2021 | 3 for 1 |
|
|
Free ISRG Email Alerts:
