Vest Financial LLC Buys 493 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Vest Financial LLC boosted its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 22.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,725 shares of the medical equipment provider’s stock after purchasing an additional 493 shares during the quarter. Vest Financial LLC’s holdings in Intuitive Surgical were worth $1,422,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ISRG. Private Advisory Group LLC acquired a new position in shares of Intuitive Surgical in the 3rd quarter valued at approximately $398,000. LVW Advisors LLC lifted its holdings in shares of Intuitive Surgical by 8.3% in the third quarter. LVW Advisors LLC now owns 1,429 shares of the medical equipment provider’s stock valued at $702,000 after purchasing an additional 109 shares in the last quarter. Hilltop Wealth Advisors LLC acquired a new position in shares of Intuitive Surgical during the third quarter worth about $866,000. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Intuitive Surgical by 356.7% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,923 shares of the medical equipment provider’s stock worth $1,436,000 after buying an additional 2,283 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its position in Intuitive Surgical by 13.2% in the 3rd quarter. Valeo Financial Advisors LLC now owns 4,119 shares of the medical equipment provider’s stock valued at $2,023,000 after buying an additional 480 shares during the last quarter. Institutional investors own 83.64% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Evercore ISI raised their price target on shares of Intuitive Surgical from $490.00 to $530.00 in a research note on Monday, January 27th. Bernstein Bank lifted their price target on shares of Intuitive Surgical from $655.00 to $700.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Stifel Nicolaus raised their price objective on Intuitive Surgical from $525.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Erste Group Bank upgraded Intuitive Surgical from a “hold” rating to a “buy” rating in a report on Tuesday, November 19th. Finally, Truist Financial raised their price target on Intuitive Surgical from $640.00 to $666.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $613.10.

Insider Buying and Selling at Intuitive Surgical

In other Intuitive Surgical news, EVP Robert Desantis sold 376 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $539.00, for a total value of $202,664.00. Following the completion of the sale, the executive vice president now directly owns 5,506 shares in the company, valued at approximately $2,967,734. This trade represents a 6.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jamie Samath sold 94 shares of Intuitive Surgical stock in a transaction on Wednesday, January 29th. The shares were sold at an average price of $571.11, for a total transaction of $53,684.34. Following the completion of the sale, the chief financial officer now directly owns 2,630 shares of the company’s stock, valued at approximately $1,502,019.30. This trade represents a 3.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,940 shares of company stock valued at $3,333,485. 0.90% of the stock is currently owned by company insiders.

Intuitive Surgical Trading Down 0.9 %

NASDAQ ISRG opened at $582.98 on Friday. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month high of $616.00. The firm has a market capitalization of $207.65 billion, a PE ratio of 90.95, a price-to-earnings-growth ratio of 5.67 and a beta of 1.39. The business’s 50-day moving average price is $554.85 and its two-hundred day moving average price is $513.96.

Intuitive Surgical Profile

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.