TFG Advisers LLC Acquires 68 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

TFG Advisers LLC grew its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 9.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 821 shares of the medical equipment provider’s stock after buying an additional 68 shares during the period. TFG Advisers LLC’s holdings in Intuitive Surgical were worth $429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the company. CWM LLC increased its holdings in Intuitive Surgical by 5.3% during the third quarter. CWM LLC now owns 43,152 shares of the medical equipment provider’s stock worth $21,199,000 after buying an additional 2,162 shares during the last quarter. Quotient Wealth Partners LLC lifted its stake in Intuitive Surgical by 5.7% during the third quarter. Quotient Wealth Partners LLC now owns 1,522 shares of the medical equipment provider’s stock worth $748,000 after purchasing an additional 82 shares during the last quarter. Tobam grew its holdings in shares of Intuitive Surgical by 13.9% during the 3rd quarter. Tobam now owns 662 shares of the medical equipment provider’s stock valued at $325,000 after purchasing an additional 81 shares during the last quarter. Private Advisory Group LLC bought a new stake in Intuitive Surgical in the third quarter valued at approximately $398,000. Finally, Westwind Capital grew its stake in shares of Intuitive Surgical by 67.8% in the third quarter. Westwind Capital now owns 54,334 shares of the medical equipment provider’s stock worth $26,693,000 after purchasing an additional 21,963 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Intuitive Surgical news, Director Amal M. Johnson sold 4,635 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $566.60, for a total value of $2,626,191.00. Following the completion of the transaction, the director now owns 12,275 shares in the company, valued at $6,955,015. This represents a 27.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Jamie Samath sold 94 shares of the stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $571.11, for a total transaction of $53,684.34. Following the sale, the chief financial officer now owns 2,630 shares of the company’s stock, valued at approximately $1,502,019.30. This represents a 3.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,940 shares of company stock worth $3,333,485 in the last ninety days. 0.90% of the stock is owned by corporate insiders.

Intuitive Surgical Stock Performance

Shares of ISRG opened at $582.98 on Friday. The stock has a market capitalization of $207.65 billion, a PE ratio of 90.95, a P/E/G ratio of 5.51 and a beta of 1.39. The company’s 50-day simple moving average is $554.03 and its 200-day simple moving average is $513.12. Intuitive Surgical, Inc. has a 1 year low of $364.17 and a 1 year high of $616.00.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ISRG shares. Wells Fargo & Company increased their price objective on Intuitive Surgical from $630.00 to $687.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Royal Bank of Canada boosted their target price on Intuitive Surgical from $611.00 to $641.00 in a research report on Monday, January 27th. Leerink Partners raised their target price on shares of Intuitive Surgical from $490.00 to $548.00 in a report on Monday, January 27th. Stifel Nicolaus raised their price target on Intuitive Surgical from $525.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Erste Group Bank upgraded Intuitive Surgical from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $613.10.

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.