Americana Partners LLC Has $1.69 Million Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Americana Partners LLC raised its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 4.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,444 shares of the medical equipment provider’s stock after purchasing an additional 131 shares during the quarter. Americana Partners LLC’s holdings in Intuitive Surgical were worth $1,692,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ISRG. Creekmur Asset Management LLC increased its stake in Intuitive Surgical by 200.0% during the 1st quarter. Creekmur Asset Management LLC now owns 63 shares of the medical equipment provider’s stock valued at $25,000 after purchasing an additional 42 shares in the last quarter. Ridgewood Investments LLC bought a new stake in Intuitive Surgical during the 2nd quarter valued at $26,000. Delos Wealth Advisors LLC increased its stake in Intuitive Surgical by 380.0% during the 1st quarter. Delos Wealth Advisors LLC now owns 72 shares of the medical equipment provider’s stock valued at $29,000 after purchasing an additional 57 shares in the last quarter. Godsey & Gibb Inc. increased its stake in Intuitive Surgical by 140.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 60 shares of the medical equipment provider’s stock valued at $29,000 after purchasing an additional 35 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in Intuitive Surgical during the 1st quarter valued at $30,000. Institutional investors own 83.64% of the company’s stock.

Intuitive Surgical Trading Up 0.5 %

Shares of Intuitive Surgical stock opened at $506.34 on Friday. Intuitive Surgical, Inc. has a 12-month low of $269.49 and a 12-month high of $523.34. The company has a market cap of $180.35 billion, a price-to-earnings ratio of 81.41, a PEG ratio of 5.05 and a beta of 1.39. The company’s 50-day moving average price is $490.41 and its 200-day moving average price is $446.60.

Wall Street Analyst Weigh In

A number of brokerages have commented on ISRG. Raymond James boosted their price target on shares of Intuitive Surgical from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Oppenheimer restated a “market perform” rating on shares of Intuitive Surgical in a research report on Friday, October 18th. Piper Sandler restated an “overweight” rating and set a $538.00 price target (up previously from $495.00) on shares of Intuitive Surgical in a research report on Friday, October 18th. Wells Fargo & Company increased their price target on shares of Intuitive Surgical from $466.00 to $549.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Finally, Morgan Stanley increased their price target on shares of Intuitive Surgical from $375.00 to $460.00 and gave the company an “equal weight” rating in a research report on Monday, July 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $513.74.

Insider Transactions at Intuitive Surgical

In other news, Director Amy L. Ladd sold 450 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $490.28, for a total value of $220,626.00. Following the sale, the director now directly owns 821 shares of the company’s stock, valued at approximately $402,519.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Robert Desantis sold 240 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $464.76, for a total value of $111,542.40. Following the transaction, the executive vice president now directly owns 5,506 shares in the company, valued at approximately $2,558,968.56. This represents a 0.00 % 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, Director Amy L. Ladd sold 450 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $490.28, for a total transaction of $220,626.00. Following the completion of the transaction, the director now owns 821 shares in the company, valued at approximately $402,519.88. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 68,246 shares of company stock valued at $33,839,308. 0.90% of the stock is currently owned by corporate insiders.

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.