Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Acquired by Guggenheim Capital LLC

Guggenheim Capital LLC increased its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,276 shares of the medical equipment provider's stock after buying an additional 2,739 shares during the period. Guggenheim Capital LLC's holdings in Intuitive Surgical were worth $52,340,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Howard Capital Management Group LLC boosted its stake in shares of 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. Principal Financial Group Inc. increased its holdings in shares of Intuitive Surgical by 1.5% in the 3rd quarter. Principal Financial Group Inc. now owns 602,393 shares of the medical equipment provider's stock valued at $295,938,000 after acquiring an additional 9,194 shares during the period. M&T Bank Corp increased its holdings in shares of Intuitive Surgical by 0.3% in the 3rd quarter. M&T Bank Corp now owns 68,581 shares of the medical equipment provider's stock valued at $33,691,000 after acquiring an additional 226 shares during the period. World Investment Advisors LLC bought a new position in shares of Intuitive Surgical in the 3rd quarter worth $228,000. Finally, Arvest Bank Trust Division bought a new stake in Intuitive Surgical during the third quarter valued at about $260,000. 83.64% of the stock is currently owned by institutional investors.

Intuitive Surgical Price Performance

NASDAQ:ISRG traded up $1.40 during mid-day trading on Friday, hitting $482.74. The company's stock had a trading volume of 1,618,989 shares, compared to its average volume of 1,589,481. Intuitive Surgical, Inc. has a 1 year low of $364.31 and a 1 year high of $616.00. The stock has a market cap of $171.94 billion, a price-to-earnings ratio of 75.31, a PEG ratio of 5.85 and a beta of 1.55. The business's fifty day moving average is $522.23 and its two-hundred day moving average is $532.71.

Analyst Ratings Changes

ISRG has been the subject of a number of recent research reports. 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. Royal Bank of Canada increased their target price on shares of Intuitive Surgical from $611.00 to $641.00 in a research report on Monday, January 27th. Erste Group Bank lowered shares of Intuitive Surgical from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Jefferies Financial Group upped their price target on Intuitive Surgical from $475.00 to $575.00 in a research report on Monday, January 27th. Finally, Leerink Partners raised their price objective on Intuitive Surgical from $490.00 to $548.00 in a research report on Monday, January 27th. One research 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 MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $611.81.

Insider Buying and Selling at Intuitive Surgical

In related news, EVP Robert Desantis sold 11,545 shares of Intuitive Surgical stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $499.22, for a total value of $5,763,494.90. Following the completion of the transaction, the executive vice president now owns 5,224 shares in the company, valued at $2,607,925.28. The trade was a 68.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amal M. Johnson sold 4,635 shares of the company's stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $566.60, for a total value of $2,626,191.00. Following the completion of the transaction, the director now directly owns 12,275 shares of the company's stock, valued at $6,955,015. The trade was a 27.41 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,754 shares of company stock valued at $17,691,621. 0.70% of the stock is owned by company 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.