Flagship Harbor Advisors LLC boosted its position in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 177.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,027 shares of the medical equipment provider’s stock after buying an additional 5,771 shares during the period. Flagship Harbor Advisors LLC’s holdings in Intuitive Surgical were worth $4,037,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Rossmore Private Capital grew its position in Intuitive Surgical by 2.0% during the 3rd quarter. Rossmore Private Capital now owns 998 shares of the medical equipment provider’s stock worth $446,000 after purchasing an additional 20 shares during the period. Activest Wealth Management boosted its stake in shares of Intuitive Surgical by 21.7% in the third quarter. Activest Wealth Management now owns 112 shares of the medical equipment provider’s stock worth $50,000 after buying an additional 20 shares during the last quarter. Vertex Planning Partners LLC grew its holdings in Intuitive Surgical by 2.3% during the second quarter. Vertex Planning Partners LLC now owns 917 shares of the medical equipment provider’s stock worth $498,000 after acquiring an additional 21 shares during the period. Accredited Investors Inc. raised its position in Intuitive Surgical by 2.0% during the third quarter. Accredited Investors Inc. now owns 1,060 shares of the medical equipment provider’s stock valued at $474,000 after acquiring an additional 21 shares in the last quarter. Finally, Evermay Wealth Management LLC raised its position in Intuitive Surgical by 3.1% during the second quarter. Evermay Wealth Management LLC now owns 731 shares of the medical equipment provider’s stock valued at $397,000 after acquiring an additional 22 shares in the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.
Intuitive Surgical Stock Down 0.1%
ISRG stock opened at $478.49 on Thursday. Intuitive Surgical, Inc. has a 52 week low of $425.00 and a 52 week high of $609.08. The firm has a 50-day simple moving average of $553.29 and a 200-day simple moving average of $510.97. The stock has a market capitalization of $171.53 billion, a P/E ratio of 60.65, a P/E/G ratio of 3.72 and a beta of 1.65.
Insider Activity
In other news, EVP Myriam Curet sold 126 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $520.02, for a total value of $65,522.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary S. Guthart sold 2,800 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $531.52, for a total transaction of $1,488,256.00. Following the completion of the transaction, the director directly owned 15,720 shares in the company, valued at approximately $8,355,494.40. This represents a 15.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 73,616 shares of company stock valued at $40,929,575 in the last three months. Company insiders own 0.70% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on ISRG. Raymond James Financial upped their price objective on Intuitive Surgical from $603.00 to $615.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. The Goldman Sachs Group restated a “buy” rating and set a $714.00 price target on shares of Intuitive Surgical in a research report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Intuitive Surgical in a report on Monday, December 29th. Wall Street Zen raised shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Finally, Robert W. Baird dropped their target price on Intuitive Surgical from $655.00 to $645.00 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $620.41.
Read Our Latest Report on ISRG
Intuitive Surgical Company Profile
Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.
In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.
Featured Stories
- Five stocks we like better than Intuitive Surgical
- The day the gold market broke
- Buy this Gold Stock Before May 2026
- Forget AI, This Will Be the Next Big Tech Breakthrough
- Trump Planning to Use Public Law 63-43: Prepare Now
- New gold price target
Receive News & Ratings for Intuitive Surgical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical and related companies with MarketBeat.com's FREE daily email newsletter.
