Impact Investors Inc Purchases Shares of 1,459 Intuitive Surgical, Inc. (NASDAQ:ISRG)

Impact Investors Inc acquired a new position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,459 shares of the medical equipment provider's stock, valued at approximately $762,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ISRG. Howard Capital Management Group LLC increased its stake in Intuitive Surgical by 4.5% in the third quarter. Howard Capital Management Group LLC now owns 2,125 shares of the medical equipment provider's stock worth $1,044,000 after purchasing an additional 92 shares during the period. GHP Investment Advisors Inc. lifted its stake in shares of Intuitive Surgical by 1,287.5% in the 3rd quarter. GHP Investment Advisors Inc. now owns 111 shares of the medical equipment provider's stock valued at $55,000 after purchasing an additional 103 shares during the period. J.W. Cole Advisors Inc. increased its holdings in Intuitive Surgical by 21.1% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 3,351 shares of the medical equipment provider's stock worth $1,646,000 after acquiring an additional 584 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Intuitive Surgical by 4.2% during the third quarter. Nisa Investment Advisors LLC now owns 111,933 shares of the medical equipment provider's stock worth $54,989,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Autumn Glory Partners LLC increased its holdings in shares of Intuitive Surgical by 144.5% during the 3rd quarter. Autumn Glory Partners LLC now owns 1,834 shares of the medical equipment provider's stock worth $902,000 after buying an additional 1,084 shares during the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price objective on Intuitive Surgical from $630.00 to $687.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Evercore ISI lifted their target price on Intuitive Surgical from $490.00 to $530.00 in a research report on Monday, January 27th. JPMorgan Chase & Co. increased their price target on shares of Intuitive Surgical from $575.00 to $675.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. CICC Research started coverage on Intuitive Surgical in a research note on Monday, January 27th. They set a "neutral" rating and a $550.00 price target for the company. Finally, Bernstein Bank increased their target price on Intuitive Surgical from $655.00 to $700.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $613.10.

Insider Transactions at Intuitive Surgical

In other Intuitive Surgical news, EVP Myriam Curet sold 408 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $589.75, for a total transaction of $240,618.00. Following the completion of the transaction, the executive vice president now owns 353 shares in the company, valued at $208,181.75. This trade represents a 53.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jamie Samath sold 188 shares of the firm's stock in a transaction on Friday, November 29th. The shares were sold at an average price of $539.00, for a total transaction of $101,332.00. Following the completion of the transaction, the chief financial officer now directly owns 8,757 shares of the company's stock, valued at approximately $4,720,023. The trade was a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,240 shares of company stock worth $3,529,040. Company insiders own 0.80% of the company's stock.

Intuitive Surgical Trading Down 2.9 %

ISRG opened at $573.74 on Wednesday. The company has a market cap of $204.35 billion, a P/E ratio of 89.51, a PEG ratio of 5.85 and a beta of 1.39. The company's 50 day moving average is $567.01 and its 200-day moving average is $527.27. Intuitive Surgical, Inc. has a 1-year low of $364.17 and a 1-year high of $616.00.

Intuitive Surgical Company 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.

Want to see what other hedge funds are holding ISRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.