International Assets Investment Management LLC Has $535.79 Million Stock Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

International Assets Investment Management LLC raised its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 49,383.6% during the third quarter, HoldingsChannel reports. The firm owned 1,090,619 shares of the medical equipment provider’s stock after acquiring an additional 1,088,415 shares during the quarter. International Assets Investment Management LLC’s holdings in Intuitive Surgical were worth $535,788,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of ISRG. Ridgewood Investments LLC acquired a new position in Intuitive Surgical during the 2nd quarter worth approximately $26,000. Godsey & Gibb Inc. increased its holdings in shares of Intuitive Surgical by 140.0% during 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. Creekmur Asset Management LLC increased its holdings in shares of Intuitive Surgical by 200.0% during the first quarter. Creekmur Asset Management LLC now owns 63 shares of the medical equipment provider’s stock worth $25,000 after buying an additional 42 shares in the last quarter. LGT Financial Advisors LLC lifted its stake in shares of Intuitive Surgical by 415.4% in the 2nd quarter. LGT Financial Advisors LLC now owns 67 shares of the medical equipment provider’s stock valued at $30,000 after acquiring an additional 54 shares during the last quarter. Finally, Delos Wealth Advisors LLC boosted its holdings in shares of Intuitive Surgical by 380.0% during the 1st quarter. Delos Wealth Advisors LLC now owns 72 shares of the medical equipment provider’s stock valued at $29,000 after acquiring an additional 57 shares in the last quarter. Institutional investors own 83.64% of the company’s stock.

Intuitive Surgical Stock Down 0.2 %

NASDAQ:ISRG opened at $511.63 on Friday. The firm has a market capitalization of $181.48 billion, a P/E ratio of 92.35, a P/E/G ratio of 5.40 and a beta of 1.39. Intuitive Surgical, Inc. has a twelve month low of $254.85 and a twelve month high of $523.34. The company has a fifty day moving average of $486.71 and a 200-day moving average of $440.96.

Insider Buying and Selling at Intuitive Surgical

In other news, EVP Robert Desantis sold 376 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $446.60, for a total value of $167,921.60. Following the completion of the sale, the executive vice president now directly owns 5,506 shares in the company, valued at $2,458,979.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In other Intuitive Surgical news, EVP Robert Desantis sold 376 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $446.60, for a total value of $167,921.60. Following the completion of the sale, the executive vice president now owns 5,506 shares of the company’s stock, valued at approximately $2,458,979.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Amal M. Johnson sold 2,943 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $443.30, for a total value of $1,304,631.90. Following the transaction, the director now directly owns 12,275 shares in the company, valued at $5,441,507.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,192 shares of company stock valued at $25,398,571. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on ISRG shares. Robert W. Baird increased their target price on Intuitive Surgical from $503.00 to $565.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Stifel Nicolaus lifted their target price on shares of Intuitive Surgical from $475.00 to $525.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Citigroup upped their price target on shares of Intuitive Surgical from $512.00 to $560.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Royal Bank of Canada lifted their price target on shares of Intuitive Surgical from $525.00 to $555.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Finally, Mizuho increased their price objective on Intuitive Surgical from $440.00 to $500.00 in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $513.74.

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.