Dynamic Advisor Solutions LLC Has $5.48 Million Stock Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Dynamic Advisor Solutions LLC cut its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRGFree Report) by 0.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,508 shares of the medical equipment provider’s stock after selling 51 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Intuitive Surgical were worth $5,484,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp lifted its position in Intuitive Surgical by 7.0% during the 4th quarter. Fifth Third Bancorp now owns 199,932 shares of the medical equipment provider’s stock worth $104,357,000 after buying an additional 12,998 shares in the last quarter. DGS Capital Management LLC increased its position in shares of Intuitive Surgical by 9.3% in the fourth quarter. DGS Capital Management LLC now owns 1,813 shares of the medical equipment provider’s stock valued at $946,000 after acquiring an additional 154 shares during the last quarter. Bennett Selby Investments LP raised its holdings in Intuitive Surgical by 3.9% during the fourth quarter. Bennett Selby Investments LP now owns 449 shares of the medical equipment provider’s stock worth $234,000 after acquiring an additional 17 shares in the last quarter. Goelzer Investment Management Inc. boosted its position in Intuitive Surgical by 1.4% during the fourth quarter. Goelzer Investment Management Inc. now owns 6,412 shares of the medical equipment provider’s stock valued at $3,347,000 after purchasing an additional 91 shares during the last quarter. Finally, Berbice Capital Management LLC bought a new position in Intuitive Surgical in the fourth quarter valued at approximately $26,000. Institutional investors own 83.64% of the company’s stock.

Insider Activity at Intuitive Surgical

In other Intuitive Surgical news, EVP Robert Desantis sold 188 shares of Intuitive Surgical stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $506.52, for a total value of $95,225.76. Following the completion of the sale, the executive vice president now directly owns 5,506 shares of the company’s stock, valued at approximately $2,788,899.12. The trade was a 3.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jamie Samath sold 22,903 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $525.00, for a total value of $12,024,075.00. Following the completion of the sale, the insider now directly owns 8,757 shares of the company’s stock, valued at $4,597,425. The trade was a 72.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 42,475 shares of company stock worth $22,070,807 over the last three months. Company insiders own 0.90% of the company’s stock.

Intuitive Surgical Trading Down 4.0 %

Shares of ISRG stock opened at $584.05 on Friday. The business’s 50-day moving average price is $547.16 and its 200-day moving average price is $504.35. The firm has a market capitalization of $208.03 billion, a price-to-earnings ratio of 93.90, a PEG ratio of 5.19 and a beta of 1.39. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month high of $616.00.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ISRG shares. Raymond James increased their price objective on Intuitive Surgical from $560.00 to $688.00 and gave the company an “outperform” rating in a report on Friday. Truist Financial increased their price target on shares of Intuitive Surgical from $640.00 to $666.00 and gave the company a “buy” rating in a research note on Friday. Mizuho boosted their price objective on shares of Intuitive Surgical from $440.00 to $500.00 in a research note on Thursday, October 17th. Morgan Stanley upgraded shares of Intuitive Surgical from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $522.00 to $650.00 in a research note on Monday, December 2nd. Finally, Stifel Nicolaus boosted their price target on Intuitive Surgical from $525.00 to $610.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $583.83.

Read Our Latest Stock Analysis on ISRG

About Intuitive Surgical

(Free Report)

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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Institutional Ownership by Quarter for Intuitive Surgical (NASDAQ:ISRG)

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