Intuitive Surgical, Inc. (NASDAQ:ISRG) Holdings Lessened by Valicenti Advisory Services Inc.

Valicenti Advisory Services Inc. reduced its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRGFree Report) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,279 shares of the medical equipment provider’s stock after selling 1,000 shares during the period. Intuitive Surgical comprises 3.9% of Valicenti Advisory Services Inc.’s portfolio, making the stock its 6th largest holding. Valicenti Advisory Services Inc.’s holdings in Intuitive Surgical were worth $15,804,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA bought a new position in shares of Intuitive Surgical in the third quarter worth approximately $558,807,000. International Assets Investment Management LLC boosted its holdings in Intuitive Surgical by 49,383.6% in the 3rd quarter. International Assets Investment Management LLC now owns 1,090,619 shares of the medical equipment provider’s stock worth $535,788,000 after buying an additional 1,088,415 shares during the period. FMR LLC increased its stake in Intuitive Surgical by 8.3% in the 3rd quarter. FMR LLC now owns 10,971,085 shares of the medical equipment provider’s stock worth $5,389,765,000 after buying an additional 838,793 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in Intuitive Surgical by 15,322.2% during the third quarter. Wilmington Savings Fund Society FSB now owns 555,661 shares of the medical equipment provider’s stock valued at $272,980,000 after acquiring an additional 552,058 shares during the period. Finally, State Street Corp lifted its position in shares of Intuitive Surgical by 1.4% in the third quarter. State Street Corp now owns 15,050,121 shares of the medical equipment provider’s stock valued at $7,393,673,000 after acquiring an additional 210,363 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors.

Intuitive Surgical Trading Down 0.3 %

Shares of ISRG opened at $572.45 on Wednesday. The company’s fifty day simple moving average is $548.70 and its 200-day simple moving average is $507.04. The company has a market cap of $203.90 billion, a P/E ratio of 92.35, a P/E/G ratio of 5.19 and a beta of 1.39. Intuitive Surgical, Inc. has a twelve month low of $364.17 and a twelve month high of $616.00.

Analysts Set New Price Targets

ISRG has been the subject of several research analyst reports. Raymond James increased their target price on Intuitive Surgical from $560.00 to $688.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Mizuho increased their price objective on shares of Intuitive Surgical from $440.00 to $500.00 in a report on Thursday, October 17th. Erste Group Bank raised shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a report on Tuesday, November 19th. Jefferies Financial Group raised their target price on shares of Intuitive Surgical from $475.00 to $575.00 in a research note on Monday. Finally, Oppenheimer reiterated a “market perform” rating on shares of Intuitive Surgical in a research note on Friday, October 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $613.10.

View Our Latest Research Report on ISRG

Insider Buying and Selling

In other news, EVP Robert Desantis sold 376 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $539.00, for a total transaction of $202,664.00. Following the completion of the sale, the executive vice president now directly owns 5,506 shares of the company’s stock, valued at approximately $2,967,734. The trade was a 6.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jamie Samath sold 22,903 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $525.00, for a total transaction of $12,024,075.00. Following the completion of the transaction, the insider now directly owns 8,757 shares in the company, valued at $4,597,425. This represents a 72.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,749 shares of company stock valued at $15,303,875 in the last ninety days. 0.90% of the stock is owned by company insiders.

Intuitive Surgical Company Profile

(Free Report)

Intuitive Surgical, Inc develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System that enables complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung.

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Institutional Ownership by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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