Robert Desantis Sells 1,012 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock

Intuitive Surgical, Inc. (NASDAQ:ISRG) EVP Robert Desantis sold 1,012 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $514.00, for a total transaction of $520,168.00. Following the completion of the sale, the executive vice president now owns 5,506 shares in the company, valued at approximately $2,830,084. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Robert Desantis also recently made the following trade(s):

• On Tuesday, October 29th, Robert Desantis sold 188 shares of Intuitive Surgical stock. The shares were sold at an average price of $506.52, for a total transaction of $95,225.76.
• On Tuesday, September 10th, Robert Desantis sold 238 shares of Intuitive Surgical stock. The shares were sold at an average price of $477.50, for a total transaction of $113,645.00.
• On Thursday, August 29th, Robert Desantis sold 188 shares of Intuitive Surgical stock. The stock was sold at an average price of $482.21, for a total value of $90,655.48.
• On Monday, August 26th, Robert Desantis sold 396 shares of Intuitive Surgical stock. The shares were sold at an average price of $486.88, for a total value of $192,804.48.
• On Monday, August 12th, Robert Desantis sold 240 shares of Intuitive Surgical stock. The stock was sold at an average price of $464.76, for a total transaction of $111,542.40.

Intuitive Surgical Stock Performance

NASDAQ:ISRG opened at $513.77 on Thursday. The stock’s fifty day moving average price is $489.74 and its two-hundred day moving average price is $445.30. The company has a market cap of $182.99 billion, a price-to-earnings ratio of 82.60, a P/E/G ratio of 5.11 and a beta of 1.39. Intuitive Surgical, Inc. has a 52-week low of $260.17 and a 52-week high of $523.34.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ISRG shares. Mizuho lifted their target price on shares of Intuitive Surgical from $440.00 to $500.00 in a research report on Thursday, October 17th. Wells Fargo & Company lifted their price objective on Intuitive Surgical from $466.00 to $549.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Stifel Nicolaus increased their target price on Intuitive Surgical from $475.00 to $525.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Oppenheimer reaffirmed a “market perform” rating on shares of Intuitive Surgical in a research note on Friday, October 18th. Finally, Morgan Stanley increased their price objective on Intuitive Surgical from $375.00 to $460.00 and gave the stock an “equal weight” rating in a research note on Monday, July 15th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $513.74.

Hedge Funds Weigh In On Intuitive Surgical

Hedge funds have recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. lifted its position in Intuitive Surgical by 5.8% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 362 shares of the medical equipment provider’s stock valued at $177,000 after purchasing an additional 20 shares during the period. Ullmann Wealth Partners Group LLC lifted its holdings in Intuitive Surgical by 1.6% in the third quarter. Ullmann Wealth Partners Group LLC now owns 1,329 shares of the medical equipment provider’s stock valued at $653,000 after buying an additional 21 shares during the period. One Wealth Management Investment & Advisory Services LLC boosted its stake in Intuitive Surgical by 3.4% in the second quarter. One Wealth Management Investment & Advisory Services LLC now owns 697 shares of the medical equipment provider’s stock valued at $310,000 after acquiring an additional 23 shares during the last quarter. Falcon Wealth Planning grew its holdings in Intuitive Surgical by 0.4% during the 3rd quarter. Falcon Wealth Planning now owns 5,693 shares of the medical equipment provider’s stock worth $2,797,000 after acquiring an additional 23 shares during the period. Finally, Daymark Wealth Partners LLC raised its position in shares of Intuitive Surgical by 0.3% during the 3rd quarter. Daymark Wealth Partners LLC now owns 7,027 shares of the medical equipment provider’s stock valued at $3,452,000 after acquiring an additional 24 shares during the last quarter. Institutional investors own 83.64% of the company’s stock.

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.