KPP Advisory Services LLC Buys 64 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

KPP Advisory Services LLC grew its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,272 shares of the medical equipment provider’s stock after purchasing an additional 64 shares during the period. KPP Advisory Services LLC’s holdings in Intuitive Surgical were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ISRG. JGP Global Gestao de Recursos Ltda. grew its position in Intuitive Surgical by 45.4% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,810 shares of the medical equipment provider’s stock worth $1,467,000 after acquiring an additional 878 shares during the last quarter. CENTRAL TRUST Co grew its position in Intuitive Surgical by 12.0% during the 4th quarter. CENTRAL TRUST Co now owns 2,512 shares of the medical equipment provider’s stock worth $1,311,000 after acquiring an additional 269 shares during the last quarter. McAdam LLC grew its position in Intuitive Surgical by 59.0% during the 4th quarter. McAdam LLC now owns 728 shares of the medical equipment provider’s stock worth $380,000 after acquiring an additional 270 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its position in Intuitive Surgical by 19.6% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 2,265 shares of the medical equipment provider’s stock worth $1,182,000 after acquiring an additional 371 shares during the last quarter. Finally, Greenleaf Trust grew its position in Intuitive Surgical by 1.3% during the 4th quarter. Greenleaf Trust now owns 27,390 shares of the medical equipment provider’s stock worth $14,296,000 after acquiring an additional 347 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ISRG. Truist Financial upped their price objective on Intuitive Surgical from $640.00 to $666.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Robert W. Baird upped their price objective on shares of Intuitive Surgical from $503.00 to $565.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Raymond James upped their price objective on shares of Intuitive Surgical from $560.00 to $688.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. The Goldman Sachs Group set a $604.00 target price on Intuitive Surgical in a report on Friday, October 18th. Finally, JPMorgan Chase & Co. increased their target price on Intuitive Surgical from $575.00 to $675.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, Intuitive Surgical has an average rating of “Moderate Buy” and an average price target of $613.10.

Intuitive Surgical Stock Down 1.4 %

Shares of ISRG stock opened at $571.88 on Monday. The firm has a 50 day moving average price of $550.40 and a two-hundred day moving average price of $509.43. The company has a market capitalization of $203.69 billion, a PE ratio of 89.22, a price-to-earnings-growth ratio of 5.51 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.

Insiders Place Their Bets

In other news, EVP Robert Desantis sold 376 shares of Intuitive Surgical stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $539.00, for a total value of $202,664.00. Following the completion of the sale, the executive vice president now directly owns 5,506 shares in the company, valued at approximately $2,967,734. The trade was a 6.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jamie Samath sold 94 shares of Intuitive Surgical stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $571.11, for a total transaction of $53,684.34. Following the completion of the sale, the chief financial officer now owns 2,630 shares of the company’s stock, valued at approximately $1,502,019.30. The trade was a 3.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,843 shares of company stock worth $15,357,560 over the last three months. Insiders own 0.80% 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.