Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Bought by Brighton Jones LLC

Brighton Jones LLC increased its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 24.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,672 shares of the medical equipment provider's stock after buying an additional 731 shares during the period. Brighton Jones LLC's holdings in Intuitive Surgical were worth $1,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its position in shares of Intuitive Surgical by 12.6% in the 2nd quarter. AQR Capital Management LLC now owns 42,691 shares of the medical equipment provider's stock worth $18,958,000 after buying an additional 4,775 shares in the last quarter. APG Asset Management N.V. lifted its holdings in shares of Intuitive Surgical by 3.4% in the second quarter. APG Asset Management N.V. now owns 234,279 shares of the medical equipment provider's stock valued at $97,242,000 after purchasing an additional 7,648 shares in the last quarter. Daymark Wealth Partners LLC grew its position in shares of Intuitive Surgical by 3.6% in the second quarter. Daymark Wealth Partners LLC now owns 7,003 shares of the medical equipment provider's stock valued at $3,115,000 after purchasing an additional 246 shares during the last quarter. MBB Public Markets I LLC increased its stake in shares of Intuitive Surgical by 1,739.6% during the 2nd quarter. MBB Public Markets I LLC now owns 25,129 shares of the medical equipment provider's stock worth $11,179,000 after purchasing an additional 23,763 shares in the last quarter. Finally, Mark Asset Management LP raised its position in shares of Intuitive Surgical by 0.3% during the 2nd quarter. Mark Asset Management LP now owns 29,067 shares of the medical equipment provider's stock worth $12,930,000 after purchasing an additional 77 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ISRG shares. Stifel Nicolaus increased their target price on Intuitive Surgical from $525.00 to $610.00 and gave the company a "buy" rating in a report on Thursday, December 5th. BTIG Research increased their price objective on Intuitive Surgical from $535.00 to $561.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Robert W. Baird boosted their target price on shares of Intuitive Surgical from $503.00 to $565.00 and gave the company an "outperform" rating in a research note on Thursday, October 17th. Erste Group Bank raised shares of Intuitive Surgical from a "hold" rating to a "buy" rating in a research note on Tuesday, November 19th. Finally, Citigroup lifted their price target on shares of Intuitive Surgical from $640.00 to $711.00 and gave the stock a "buy" rating in a report on Friday. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $583.83.

Insider Transactions at Intuitive Surgical

In related news, CEO Gary S. Guthart sold 18,151 shares of the stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $511.63, for a total transaction of $9,286,596.13. Following the sale, the chief executive officer now owns 24,219 shares in the company, valued at $12,391,166.97. This represents a 42.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robert Desantis sold 188 shares of the firm's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $506.52, for a total transaction of $95,225.76. Following the completion of the transaction, the executive vice president now directly owns 5,506 shares in the company, valued at $2,788,899.12. This represents a 3.30 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 42,475 shares of company stock valued at $22,070,807. Insiders own 0.90% of the company's stock.

Intuitive Surgical Stock Performance

Shares of ISRG stock traded down $24.61 during mid-day trading on Friday, reaching $584.05. 4,350,539 shares of the company were exchanged, compared to its average volume of 1,342,626. Intuitive Surgical, Inc. has a fifty-two week low of $364.17 and a fifty-two week high of $616.00. The company has a market capitalization of $208.03 billion, a P/E ratio of 93.90, a P/E/G ratio of 5.19 and a beta of 1.39. The business's 50 day simple moving average is $547.16 and its 200 day simple moving average is $504.35.

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.