Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,537 shares of the medical equipment provider’s stock after purchasing an additional 5,264 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Intuitive Surgical were worth $22,203,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ISRG. Martin Currie Ltd. raised its position in shares of Intuitive Surgical by 54.5% during the 4th quarter. Martin Currie Ltd. now owns 3,228 shares of the medical equipment provider’s stock worth $1,685,000 after buying an additional 1,139 shares in the last quarter. IPG Investment Advisors LLC raised its holdings in Intuitive Surgical by 15.7% during the fourth quarter. IPG Investment Advisors LLC now owns 2,771 shares of the medical equipment provider’s stock worth $1,446,000 after purchasing an additional 376 shares in the last quarter. RWA Wealth Partners LLC boosted its stake in Intuitive Surgical by 0.3% during the 4th quarter. RWA Wealth Partners LLC now owns 7,643 shares of the medical equipment provider’s stock valued at $3,989,000 after purchasing an additional 21 shares in the last quarter. Summit Securities Group LLC acquired a new position in shares of Intuitive Surgical during the 4th quarter valued at $30,000. Finally, Schroder Investment Management Group raised its stake in shares of Intuitive Surgical by 5.9% in the 4th quarter. Schroder Investment Management Group now owns 420,798 shares of the medical equipment provider’s stock worth $219,640,000 after buying an additional 23,426 shares in the last quarter. Institutional investors own 83.64% of the company’s stock.

Intuitive Surgical Stock Down 3.2 %

Intuitive Surgical stock opened at $491.84 on Monday. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month high of $616.00. The stock has a market cap of $175.18 billion, a P/E ratio of 76.73, a P/E/G ratio of 5.85 and a beta of 1.43. The company’s fifty day simple moving average is $556.28 and its 200-day simple moving average is $532.97.

Analyst Ratings Changes

Several brokerages recently weighed in on ISRG. Morgan Stanley raised Intuitive Surgical from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $522.00 to $650.00 in a research note on Monday, December 2nd. Wells Fargo & Company raised their price objective on shares of Intuitive Surgical from $630.00 to $687.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Truist Financial dropped their target price on shares of Intuitive Surgical from $666.00 to $605.00 and set a “buy” rating on the stock in a report on Monday, March 17th. Leerink Partners raised their target price on shares of Intuitive Surgical from $490.00 to $548.00 in a report on Monday, January 27th. Finally, Citigroup increased their price objective on Intuitive Surgical from $640.00 to $711.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $611.86.

Insider Activity at Intuitive Surgical

In other Intuitive Surgical news, EVP Brian Edward Miller sold 8,900 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $485.07, for a total value of $4,317,123.00. Following the completion of the sale, the executive vice president now directly owns 5,758 shares in the company, valued at $2,793,033.06. The trade was a 60.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert Desantis sold 11,545 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $499.22, for a total transaction of $5,763,494.90. Following the transaction, the executive vice president now owns 5,224 shares in the company, valued at approximately $2,607,925.28. This trade represents a 68.85 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,754 shares of company stock valued at $17,691,621. Insiders own 0.70% of the company’s stock.

About Intuitive Surgical

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.