Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC lifted its position in Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) by 87.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,986 shares of the medical equipment provider's stock after purchasing an additional 2,331 shares during the quarter. CreativeOne Wealth LLC's holdings in Intuitive Surgical were worth $2,602,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes 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 worth $1,044,000 after buying an additional 92 shares during the period. Principal Financial Group Inc. lifted its position in Intuitive Surgical by 1.5% during the 3rd quarter. Principal Financial Group Inc. now owns 602,393 shares of the medical equipment provider's stock worth $295,938,000 after acquiring an additional 9,194 shares during the period. M&T Bank Corp grew its stake 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 purchasing an additional 226 shares during the last quarter. World Investment Advisors LLC acquired a new position in shares of Intuitive Surgical in the third quarter valued at approximately $228,000. Finally, Arvest Bank Trust Division purchased a new stake in shares of Intuitive Surgical during the third quarter worth approximately $260,000. Hedge funds and other institutional investors own 83.64% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ISRG shares. Wells Fargo & Company boosted their price objective on shares of Intuitive Surgical from $630.00 to $687.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Jefferies Financial Group boosted their price target on shares of Intuitive Surgical from $475.00 to $575.00 in a research note on Monday, January 27th. Truist Financial reduced their price objective on shares of Intuitive Surgical from $666.00 to $605.00 and set a "buy" rating for the company in a research report on Monday, March 17th. CICC Research initiated coverage on Intuitive Surgical in a research report on Monday, January 27th. They set a "neutral" rating and a $550.00 target price on the stock. Finally, Citigroup increased their target price on Intuitive Surgical from $640.00 to $711.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, Intuitive Surgical currently has an average rating of "Moderate Buy" and an average price target of $611.81.

Intuitive Surgical Stock Performance

ISRG stock traded up $1.40 on Friday, reaching $482.74. The company had a trading volume of 1,618,989 shares, compared to its average volume of 1,589,481. The company's fifty day moving average is $522.23 and its 200 day moving average is $532.71. The company has a market cap of $171.94 billion, a P/E ratio of 75.31, a PEG ratio of 5.85 and a beta of 1.55. Intuitive Surgical, Inc. has a 1 year low of $364.31 and a 1 year high of $616.00.

Insider Transactions at Intuitive Surgical

In other Intuitive Surgical news, EVP Brian Edward Miller sold 8,900 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $485.07, for a total value of $4,317,123.00. Following the completion of the sale, the executive vice president now directly owns 5,758 shares of the company's stock, valued at approximately $2,793,033.06. The trade was a 60.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert Desantis sold 11,545 shares of the business's stock in a transaction on Thursday, March 13th. The shares were 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 of the company's stock, valued at $2,607,925.28. This trade represents a 68.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,754 shares of company stock valued at $17,691,621 over the last three months. 0.70% of the stock is currently owned by insiders.

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.