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 Video: What is a Stock Split?
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| Intuitive Surgical, Inc. develops, manufactures, and markets the da Vinci surgical system and the Ion endoluminal system. Co.'s products and related services enable physicians and healthcare providers to access minimally invasive care. The da Vinci surgical system consists of a surgeon console or consoles, a patient-side cart, and a high-performance vision system. The da Vinci products fall into five categories, namely da Vinci surgical systems, da Vinci instruments and accessories, da Vinci Stapling, da Vinci Energy, and da Vinci Vision, including Firefly Fluorescence imaging systems and da Vinci Endoscopes. According to our Intuitive Surgical stock split history records, Intuitive Surgical has had 2 splits. | |
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Intuitive Surgical (ISRG) has 2 splits in our Intuitive Surgical stock 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 Intuitive Surgical stock 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 Intuitive Surgical stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$55.86 |
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| End price/share: |
$538.09 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
863.28% |
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| Average Annual Total Return: |
25.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$96,292.19 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/06/2017 | 3 for 1 | | 10/05/2021 | 3 for 1 |
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