Mark Brosius Sells 22 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock

Intuitive Surgical, Inc. (NASDAQ:ISRG) SVP Mark Brosius sold 22 shares of Intuitive Surgical stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $510.79, for a total value of $11,237.38. Following the sale, the senior vice president now owns 229 shares in the company, valued at $116,970.91. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mark Brosius also recently made the following trade(s):

• On Tuesday, October 22nd, Mark Brosius sold 2,128 shares of Intuitive Surgical stock. The shares were sold at an average price of $515.00, for a total transaction of $1,095,920.00.
• On Thursday, September 12th, Mark Brosius sold 2,115 shares of Intuitive Surgical stock. The stock was sold at an average price of $491.91, for a total transaction of $1,040,389.65.

Intuitive Surgical Trading Down 0.1 %

Shares of ISRG stock opened at $511.27 on Friday. The company has a 50 day simple moving average of $487.34 and a two-hundred day simple moving average of $441.45. The stock has a market cap of $182.10 billion, a P/E ratio of 82.20, a P/E/G ratio of 5.11 and a beta of 1.39. Intuitive Surgical, Inc. has a 12 month low of $254.85 and a 12 month high of $523.34.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Robert W. Baird lifted their target price on shares of Intuitive Surgical from $503.00 to $565.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Royal Bank of Canada increased their target price on Intuitive Surgical from $525.00 to $555.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. Stifel Nicolaus upped their price target on shares of Intuitive Surgical from $475.00 to $525.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. Mizuho raised their price objective on shares of Intuitive Surgical from $440.00 to $500.00 in a research note on Thursday, October 17th. Finally, Redburn Atlantic upgraded shares of Intuitive Surgical from a “neutral” rating to a “buy” rating and upped their target price for the stock from $380.00 to $510.00 in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $513.74.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Oak Harvest Investment Services increased its holdings in shares of Intuitive Surgical by 0.8% in the 3rd quarter. Oak Harvest Investment Services now owns 9,376 shares of the medical equipment provider’s stock worth $4,606,000 after buying an additional 77 shares during the last quarter. SteelPeak Wealth LLC increased its stake in Intuitive Surgical by 262.3% during the third quarter. SteelPeak Wealth LLC now owns 27,570 shares of the medical equipment provider’s stock worth $13,544,000 after acquiring an additional 19,960 shares during the last quarter. Diversify Wealth Management LLC increased its stake in Intuitive Surgical by 30.5% during the third quarter. Diversify Wealth Management LLC now owns 3,997 shares of the medical equipment provider’s stock worth $2,049,000 after acquiring an additional 934 shares during the last quarter. Pinnacle Associates Ltd. raised its position in Intuitive Surgical by 2.1% during the third quarter. Pinnacle Associates Ltd. now owns 2,552 shares of the medical equipment provider’s stock valued at $1,254,000 after purchasing an additional 53 shares during the period. Finally, First Trust Direct Indexing L.P. lifted its stake in shares of Intuitive Surgical by 8.6% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 13,483 shares of the medical equipment provider’s stock valued at $6,624,000 after purchasing an additional 1,066 shares during the last quarter. Hedge funds and other institutional investors own 83.64% 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.