Valeo Financial Advisors LLC Boosts Stock Holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Valeo Financial Advisors LLC grew its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,193 shares of the medical equipment provider’s stock after acquiring an additional 74 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Intuitive Surgical were worth $2,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of ISRG. Creative Planning raised its stake in shares of Intuitive Surgical by 9.3% during the 3rd quarter. Creative Planning now owns 68,881 shares of the medical equipment provider’s stock worth $33,839,000 after purchasing an additional 5,842 shares during the period. Secure Asset Management LLC raised its stake in shares of Intuitive Surgical by 6.0% during the 3rd quarter. Secure Asset Management LLC now owns 1,534 shares of the medical equipment provider’s stock worth $754,000 after purchasing an additional 87 shares during the period. Trust Co. of Vermont raised its stake in shares of Intuitive Surgical by 1.4% during the 3rd quarter. Trust Co. of Vermont now owns 5,120 shares of the medical equipment provider’s stock worth $2,515,000 after purchasing an additional 71 shares during the period. Onyx Bridge Wealth Group LLC bought a new stake in shares of Intuitive Surgical during the 3rd quarter worth $402,000. Finally, Howard Capital Management Group LLC raised its stake in shares of Intuitive Surgical by 4.5% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,125 shares of the medical equipment provider’s stock worth $1,044,000 after purchasing an additional 92 shares during the period. 83.64% of the stock is owned by hedge funds and other institutional investors.

Intuitive Surgical Stock Up 0.7 %

Shares of ISRG opened at $595.55 on Friday. Intuitive Surgical, Inc. has a twelve month low of $364.17 and a twelve month high of $616.00. The stock has a market cap of $212.12 billion, a PE ratio of 92.91, a P/E/G ratio of 5.67 and a beta of 1.39. The business’s 50-day moving average price is $559.48 and its 200-day moving average price is $519.06.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Bernstein Bank lifted their target price on Intuitive Surgical from $655.00 to $700.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. BTIG Research boosted their price objective on Intuitive Surgical from $535.00 to $561.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Evercore ISI boosted their price objective on Intuitive Surgical from $490.00 to $530.00 in a research note on Monday, January 27th. Barclays boosted their price objective on Intuitive Surgical from $610.00 to $674.00 in a research note on Monday, January 27th. Finally, Erste Group Bank upgraded Intuitive Surgical from a “hold” rating to a “buy” rating in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $613.10.

Insider Buying and Selling at Intuitive Surgical

In other news, EVP Robert Desantis sold 376 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $539.00, for a total transaction of $202,664.00. Following the sale, the executive vice president now owns 5,506 shares in the company, valued at approximately $2,967,734. This trade represents a 6.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jamie Samath sold 108 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $542.06, for a total transaction of $58,542.48. Following the sale, the chief financial officer now owns 8,757 shares in the company, valued at approximately $4,746,819.42. This trade represents a 1.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,348 shares of company stock worth $3,587,582 over the last three months. 0.90% of the stock is owned by insiders.

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.