Mn Services Vermogensbeheer B.V. Sells 3,100 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Mn Services Vermogensbeheer B.V. trimmed its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,100 shares of the medical equipment provider’s stock after selling 3,100 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Intuitive Surgical were worth $66,862,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of ISRG. Norden Group LLC lifted its position in Intuitive Surgical by 32.4% during the first quarter. Norden Group LLC now owns 957 shares of the medical equipment provider’s stock valued at $382,000 after buying an additional 234 shares during the period. Private Advisor Group LLC raised its stake in Intuitive Surgical by 9.1% during the first quarter. Private Advisor Group LLC now owns 11,873 shares of the medical equipment provider’s stock valued at $4,738,000 after buying an additional 987 shares during the last quarter. Choreo LLC grew its stake in shares of Intuitive Surgical by 7.6% in the first quarter. Choreo LLC now owns 2,169 shares of the medical equipment provider’s stock worth $866,000 after acquiring an additional 154 shares during the last quarter. Whittier Trust Co. grew its position in Intuitive Surgical by 2.6% during the 1st quarter. Whittier Trust Co. now owns 9,166 shares of the medical equipment provider’s stock valued at $3,658,000 after purchasing an additional 229 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Intuitive Surgical by 6.1% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 8,868 shares of the medical equipment provider’s stock worth $3,539,000 after buying an additional 509 shares during the last quarter. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on ISRG shares. Wells Fargo & Company upped their target price on shares of Intuitive Surgical from $466.00 to $549.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Royal Bank of Canada increased their target price on shares of Intuitive Surgical from $525.00 to $555.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. The Goldman Sachs Group set a $604.00 price target on shares of Intuitive Surgical in a report on Friday, October 18th. Morgan Stanley increased their price target on Intuitive Surgical from $375.00 to $460.00 and gave the stock an “equal weight” rating in a report on Monday, July 15th. Finally, Piper Sandler reissued an “overweight” rating and set a $538.00 target price (up previously from $495.00) on shares of Intuitive Surgical in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $513.74.

Insider Activity

In other news, EVP Brian Edward Miller sold 2,553 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $515.00, for a total value of $1,314,795.00. Following the completion of the transaction, the executive vice president now owns 7,066 shares in the company, valued at $3,638,990. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Brian Edward Miller sold 2,553 shares of the company’s stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $515.00, for a total value of $1,314,795.00. Following the sale, the executive vice president now directly owns 7,066 shares in the company, valued at $3,638,990. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert Desantis sold 240 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $464.76, for a total transaction of $111,542.40. Following the sale, the executive vice president now directly owns 5,506 shares in the company, valued at $2,558,968.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 68,246 shares of company stock valued at $33,839,308. Company insiders own 0.90% of the company’s stock.

Intuitive Surgical Price Performance

Shares of ISRG traded up $3.65 during mid-day trading on Monday, reaching $509.99. The company’s stock had a trading volume of 109,261 shares, compared to its average volume of 1,454,567. Intuitive Surgical, Inc. has a 12-month low of $269.49 and a 12-month high of $523.34. The company’s 50 day moving average is $490.41 and its 200 day moving average is $447.59. The stock has a market cap of $181.65 billion, a PE ratio of 81.41, a price-to-earnings-growth ratio of 4.95 and a beta of 1.39.

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.