Mizuho Securities Co. Ltd. Has $158,000 Stock Holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Mizuho Securities Co. Ltd. boosted its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 150.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 300 shares of the medical equipment provider’s stock after purchasing an additional 180 shares during the quarter. Intuitive Surgical accounts for about 2.4% of Mizuho Securities Co. Ltd.’s investment portfolio, making the stock its 16th biggest holding. Mizuho Securities Co. Ltd.’s holdings in Intuitive Surgical were worth $158,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ISRG. Atala Financial Inc bought a new stake in Intuitive Surgical during the 4th quarter worth approximately $25,000. Berbice Capital Management LLC bought a new stake in shares of Intuitive Surgical during the fourth quarter worth $26,000. BankPlus Trust Department acquired a new stake in shares of Intuitive Surgical during the fourth quarter worth $28,000. Kohmann Bosshard Financial Services LLC bought a new stake in Intuitive Surgical in the 4th quarter valued at $31,000. Finally, Decker Retirement Planning Inc. acquired a new position in Intuitive Surgical in the 4th quarter worth $36,000. Institutional investors own 83.64% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on ISRG shares. Truist Financial cut their price target on Intuitive Surgical from $666.00 to $605.00 and set a “buy” rating on the stock in a report on Monday, March 17th. Citigroup upped their price target on Intuitive Surgical from $640.00 to $711.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Piper Sandler reiterated an “overweight” rating and issued a $670.00 price objective (up from $538.00) on shares of Intuitive Surgical in a report on Friday, January 24th. CICC Research initiated coverage on shares of Intuitive Surgical in a report on Monday, January 27th. They set a “neutral” rating and a $550.00 target price for the company. Finally, Erste Group Bank lowered shares of Intuitive Surgical from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Intuitive Surgical has an average rating of “Moderate Buy” and a consensus price target of $611.86.

Intuitive Surgical Trading Up 2.2 %

Shares of NASDAQ ISRG opened at $519.81 on Wednesday. The business’s 50 day moving average is $561.24 and its 200-day moving average is $532.59. The firm has a market cap of $185.15 billion, a P/E ratio of 81.09, a price-to-earnings-growth ratio of 5.85 and a beta of 1.43. Intuitive Surgical, Inc. has a 1-year low of $364.17 and a 1-year high of $616.00.

Insiders Place Their Bets

In other news, CFO Jamie Samath sold 94 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Fredrik Widman sold 810 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $573.78, for a total value of $464,761.80. Following the completion of the sale, the vice president now owns 473 shares of the company’s stock, valued at approximately $271,397.94. This trade represents a 63.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,754 shares of company stock worth $17,691,621 in the last 90 days. Company insiders own 0.90% of the company’s stock.

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.