Jamie Samath Sells 94 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock

Intuitive Surgical, Inc. (NASDAQ:ISRG - Get Free Report) CFO Jamie Samath sold 94 shares of the business's stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $571.11, for a total value of $53,684.34. Following the completion of the transaction, the chief financial officer now owns 2,630 shares in the company, valued at $1,502,019.30. This trade represents a 3.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Jamie Samath also recently made the following trade(s):

• On Tuesday, December 10th, Jamie Samath sold 270 shares of Intuitive Surgical stock. The shares were sold at an average price of $540.15, for a total value of $145,840.50.
• On Friday, November 29th, Jamie Samath sold 188 shares of Intuitive Surgical stock. The shares were sold at an average price of $539.00, for a total transaction of $101,332.00.
• On Tuesday, November 26th, Jamie Samath sold 108 shares of Intuitive Surgical stock. The stock was sold at an average price of $542.06, for a total transaction of $58,542.48.
• On Friday, November 8th, Jamie Samath sold 22,903 shares of Intuitive Surgical stock. The shares were sold at an average price of $525.00, for a total transaction of $12,024,075.00.
• On Monday, November 11th, Jamie Samath sold 269 shares of Intuitive Surgical stock. The shares were sold at an average price of $539.89, for a total value of $145,230.41.

Intuitive Surgical Stock Performance

Shares of ISRG stock traded down $1.43 during trading hours on Wednesday, hitting $572.71. The company had a trading volume of 1,595,975 shares, compared to its average volume of 2,018,737. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month high of $616.00. The firm's fifty day moving average is $548.70 and its 200 day moving average is $507.04. The firm has a market capitalization of $203.99 billion, a price-to-earnings ratio of 92.08, a PEG ratio of 5.19 and a beta of 1.39.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Oppenheimer reissued a "market perform" rating on shares of Intuitive Surgical in a research note on Friday, October 18th. Wells Fargo & Company boosted their price objective on shares of Intuitive Surgical from $630.00 to $687.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. Stifel Nicolaus raised their target price on shares of Intuitive Surgical from $525.00 to $610.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Evercore ISI lifted their target price on shares of Intuitive Surgical from $490.00 to $530.00 in a report on Monday. Finally, Mizuho raised their price target on Intuitive Surgical from $440.00 to $500.00 in a research report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat.com, Intuitive Surgical has an average rating of "Moderate Buy" and an average price target of $613.10.

Institutional Trading of Intuitive Surgical

A number of large investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA bought a new position in Intuitive Surgical in the 3rd quarter valued at $558,807,000. International Assets Investment Management LLC raised its stake in shares of Intuitive Surgical by 49,383.6% in the third quarter. International Assets Investment Management LLC now owns 1,090,619 shares of the medical equipment provider's stock worth $535,788,000 after acquiring an additional 1,088,415 shares during the last quarter. FMR LLC grew its stake in shares of Intuitive Surgical by 8.3% during the third quarter. FMR LLC now owns 10,971,085 shares of the medical equipment provider's stock valued at $5,389,765,000 after purchasing an additional 838,793 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in shares of Intuitive Surgical by 15,322.2% in the third quarter. Wilmington Savings Fund Society FSB now owns 555,661 shares of the medical equipment provider's stock valued at $272,980,000 after purchasing an additional 552,058 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position in Intuitive Surgical by 50,740.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 312,671 shares of the medical equipment provider's stock worth $163,202,000 after purchasing an additional 312,056 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors.

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.

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