Field & Main Bank Sells 41 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Field & Main Bank decreased its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,355 shares of the medical equipment provider’s stock after selling 41 shares during the period. Field & Main Bank’s holdings in Intuitive Surgical were worth $1,751,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Allen Capital Group LLC lifted its holdings in shares of Intuitive Surgical by 8.6% in the fourth quarter. Allen Capital Group LLC now owns 607 shares of the medical equipment provider’s stock worth $317,000 after acquiring an additional 48 shares during the last quarter. Strategic Blueprint LLC increased its holdings in shares of Intuitive Surgical by 7.6% during the fourth quarter. Strategic Blueprint LLC now owns 3,504 shares of the medical equipment provider’s stock worth $1,829,000 after buying an additional 248 shares in the last quarter. Hantz Financial Services Inc. grew its position in Intuitive Surgical by 3.8% during the 4th quarter. Hantz Financial Services Inc. now owns 14,678 shares of the medical equipment provider’s stock worth $7,661,000 after acquiring an additional 535 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Intuitive Surgical by 5.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 313,370 shares of the medical equipment provider’s stock valued at $163,567,000 after purchasing an additional 14,809 shares in the last quarter. Finally, Asset Dedication LLC raised its holdings in Intuitive Surgical by 94.2% in the 4th quarter. Asset Dedication LLC now owns 534 shares of the medical equipment provider’s stock valued at $279,000 after buying an additional 259 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on ISRG. Royal Bank of Canada boosted their price objective on shares of Intuitive Surgical from $611.00 to $641.00 in a research note on Monday. Wells Fargo & Company increased their price target on Intuitive Surgical from $630.00 to $687.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Bernstein Bank increased their target price on shares of Intuitive Surgical from $655.00 to $700.00 and gave the company an “overweight” rating in a research report on Monday. Morgan Stanley raised shares of Intuitive Surgical from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $522.00 to $650.00 in a research note on Monday, December 2nd. Finally, The Goldman Sachs Group set a $604.00 target price on shares of Intuitive Surgical in a research note on Friday, October 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Intuitive Surgical has a consensus rating of “Moderate Buy” and a consensus target price of $613.10.

Insider Buying and Selling

In related news, insider Jamie Samath sold 22,903 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $525.00, for a total value of $12,024,075.00. Following the completion of the transaction, the insider now directly owns 8,757 shares of the company’s stock, valued at $4,597,425. This represents a 72.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Amal M. Johnson sold 4,635 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $566.60, for a total transaction of $2,626,191.00. Following the sale, the director now owns 12,275 shares in the company, valued at approximately $6,955,015. This trade represents a 27.41 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,749 shares of company stock valued at $15,303,875. Company insiders own 0.90% of the company’s stock.

Intuitive Surgical Stock Down 0.2 %

ISRG stock opened at $573.02 on Wednesday. Intuitive Surgical, Inc. has a twelve month low of $364.17 and a twelve month high of $616.00. The firm has a market capitalization of $204.10 billion, a PE ratio of 92.25, a PEG ratio of 5.19 and a beta of 1.39. The stock has a 50-day simple moving average of $548.70 and a two-hundred day simple moving average of $507.04.

Intuitive Surgical 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.