Good Life Advisors LLC Lowers Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Good Life Advisors LLC lowered its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 44.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,043 shares of the medical equipment provider's stock after selling 4,795 shares during the quarter. Good Life Advisors LLC's holdings in Intuitive Surgical were worth $3,154,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ISRG. Howard Capital Management Group LLC lifted its holdings in Intuitive Surgical by 4.5% during the third quarter. Howard Capital Management Group LLC now owns 2,125 shares of the medical equipment provider's stock valued at $1,044,000 after purchasing an additional 92 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of Intuitive Surgical by 7.3% in the third quarter. Capital Investment Advisors LLC now owns 778 shares of the medical equipment provider's stock worth $382,000 after buying an additional 53 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Intuitive Surgical by 3.6% in the third quarter. Commonwealth Equity Services LLC now owns 69,995 shares of the medical equipment provider's stock worth $34,386,000 after buying an additional 2,456 shares in the last quarter. Vest Financial LLC lifted its holdings in shares of Intuitive Surgical by 202.4% in the third quarter. Vest Financial LLC now owns 2,232 shares of the medical equipment provider's stock worth $1,097,000 after buying an additional 1,494 shares in the last quarter. Finally, Godsey & Gibb Inc. lifted its holdings in shares of Intuitive Surgical by 140.0% in the third quarter. Godsey & Gibb Inc. now owns 60 shares of the medical equipment provider's stock worth $29,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 83.64% of the company's stock.

Intuitive Surgical Trading Down 2.4 %

Shares of NASDAQ ISRG traded down $14.78 during mid-day trading on Friday, reaching $591.79. The company had a trading volume of 1,673,828 shares, compared to its average volume of 1,567,754. The business's 50-day moving average is $565.45 and its 200-day moving average is $524.52. The stock has a market cap of $210.78 billion, a price-to-earnings ratio of 92.32, a price-to-earnings-growth ratio of 5.85 and a beta of 1.39. Intuitive Surgical, Inc. has a 52 week low of $364.17 and a 52 week high of $616.00.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ISRG shares. Jefferies Financial Group boosted their target price on shares of Intuitive Surgical from $475.00 to $575.00 in a report on Monday, January 27th. Bernstein Bank boosted their target price on shares of Intuitive Surgical from $655.00 to $700.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. Truist Financial boosted their target price on shares of Intuitive Surgical from $640.00 to $666.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Stifel Nicolaus boosted their price target on shares of Intuitive Surgical from $525.00 to $610.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Finally, CICC Research began coverage on shares of Intuitive Surgical in a research report on Monday, January 27th. They issued a "neutral" rating and a $550.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat.com, Intuitive Surgical presently has a consensus rating of "Moderate Buy" and a consensus price target of $613.10.

Insider Transactions at Intuitive Surgical

In other news, EVP Myriam Curet sold 408 shares of the company's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $589.75, for a total value of $240,618.00. Following the transaction, the executive vice president now directly owns 353 shares in the company, valued at approximately $208,181.75. This represents a 53.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jamie Samath sold 269 shares of the company's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $590.00, for a total transaction of $158,710.00. Following the completion of the transaction, the chief financial officer now owns 3,282 shares in the company, valued at approximately $1,936,380. The trade was a 7.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,348 shares of company stock worth $3,587,582. Insiders own 0.90% 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.