New York State Teachers Retirement System lessened its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 314,676 shares of the medical equipment provider’s stock after selling 7,690 shares during the quarter. New York State Teachers Retirement System owned approximately 0.09% of Intuitive Surgical worth $154,591,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Creekmur Asset Management LLC grew its holdings in shares of Intuitive Surgical by 288.7% in the third quarter. Creekmur Asset Management LLC now owns 1,854 shares of the medical equipment provider’s stock worth $911,000 after purchasing an additional 1,377 shares during the last quarter. Adell Harriman & Carpenter Inc. increased its position in shares of Intuitive Surgical by 13.3% during the third quarter. Adell Harriman & Carpenter Inc. now owns 680 shares of the medical equipment provider’s stock worth $334,000 after acquiring an additional 80 shares during the period. Childress Capital Advisors LLC raised its stake in shares of Intuitive Surgical by 1.8% during the third quarter. Childress Capital Advisors LLC now owns 1,607 shares of the medical equipment provider’s stock valued at $789,000 after acquiring an additional 28 shares in the last quarter. Jacobsen Capital Management boosted its holdings in shares of Intuitive Surgical by 7.1% in the third quarter. Jacobsen Capital Management now owns 573 shares of the medical equipment provider’s stock valued at $281,000 after purchasing an additional 38 shares during the period. Finally, Valmark Advisers Inc. grew its stake in Intuitive Surgical by 2.9% in the third quarter. Valmark Advisers Inc. now owns 935 shares of the medical equipment provider’s stock worth $459,000 after purchasing an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 83.64% of the company’s stock.
Intuitive Surgical Stock Performance
NASDAQ ISRG traded down $4.82 on Wednesday, reaching $511.49. 130,642 shares of the company’s stock traded hands, compared to its average volume of 1,458,192. The stock has a 50 day moving average price of $489.22 and a 200-day moving average price of $444.82. The firm has a market cap of $182.18 billion, a price-to-earnings ratio of 83.01, a P/E/G ratio of 5.11 and a beta of 1.39. Intuitive Surgical, Inc. has a fifty-two week low of $260.17 and a fifty-two week high of $523.34.
Insider Buying and Selling
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on ISRG shares. BTIG Research set a $535.00 target price on Intuitive Surgical in a report on Friday, October 18th. Stifel Nicolaus upped their price target on shares of Intuitive Surgical from $475.00 to $525.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Leerink Partners lifted their price objective on shares of Intuitive Surgical from $489.00 to $502.00 in a report on Thursday, October 17th. Raymond James upped their target price on Intuitive Surgical from $500.00 to $540.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Finally, Evercore ISI reiterated a “cautious” rating on shares of Intuitive Surgical in a research note on Friday, October 18th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Intuitive Surgical presently has an average rating of “Moderate Buy” and a consensus target price of $513.74.
Get Our Latest Report on Intuitive Surgical
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.
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