Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC lessened its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 4.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,901 shares of the medical equipment provider’s stock after selling 136 shares during the period. Kintegral Advisory LLC’s holdings in Intuitive Surgical were worth $1,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in ISRG. Berbice Capital Management LLC acquired a new stake in shares of Intuitive Surgical in the 4th quarter valued at about $26,000. MidAtlantic Capital Management Inc. purchased a new stake in Intuitive Surgical in the third quarter valued at approximately $33,000. Decker Retirement Planning Inc. acquired a new stake in shares of Intuitive Surgical in the fourth quarter valued at approximately $36,000. Sierra Ocean LLC purchased a new position in shares of Intuitive Surgical during the fourth quarter worth approximately $40,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of Intuitive Surgical in the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Insider Buying and Selling at Intuitive Surgical

In other Intuitive Surgical news, EVP Robert Desantis sold 376 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $539.00, for a total value of $202,664.00. Following the sale, the executive vice president now owns 5,506 shares of the company’s stock, valued at approximately $2,967,734. This represents a 6.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Myriam Curet sold 408 shares of Intuitive Surgical stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $589.75, for a total value of $240,618.00. Following the transaction, the executive vice president now directly owns 353 shares of the company’s stock, valued at $208,181.75. This trade represents a 53.61 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,348 shares of company stock valued at $3,587,582. Corporate insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

ISRG has been the subject of a number of recent research reports. Royal Bank of Canada increased their price target on shares of Intuitive Surgical from $611.00 to $641.00 in a research note on Monday, January 27th. CICC Research assumed coverage on shares of Intuitive Surgical in a research note on Monday, January 27th. They set a “neutral” rating and a $550.00 target price for the company. Truist Financial boosted their price target on Intuitive Surgical from $640.00 to $666.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Evercore ISI increased their price objective on Intuitive Surgical from $490.00 to $530.00 in a research report on Monday, January 27th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $670.00 target price (up from $538.00) on shares of Intuitive Surgical in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $613.10.

Intuitive Surgical Stock Down 2.4 %

Shares of ISRG opened at $591.79 on Friday. The company has a market capitalization of $210.78 billion, a PE ratio of 92.32, a P/E/G ratio of 5.85 and a beta of 1.39. Intuitive Surgical, Inc. has a 52-week low of $364.17 and a 52-week high of $616.00. The company has a 50-day simple moving average of $565.45 and a 200-day simple moving average of $525.06.

Intuitive Surgical Company 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.