Hohimer Wealth Management LLC acquired a new stake in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) in the third quarter, HoldingsChannel.com reports. The firm acquired 1,705 shares of the medical equipment provider’s stock, valued at approximately $693,000.
Several other large investors have also modified their holdings of ISRG. University of Texas Texas AM Investment Management Co. lifted its position in Intuitive Surgical by 152.9% during the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 564 shares of the medical equipment provider’s stock worth $229,000 after acquiring an additional 341 shares during the period. M Holdings Securities Inc. acquired a new position in shares of Intuitive Surgical in the third quarter valued at approximately $2,227,000. Avantax Planning Partners Inc. increased its holdings in shares of Intuitive Surgical by 26.2% in the third quarter. Avantax Planning Partners Inc. now owns 2,811 shares of the medical equipment provider’s stock valued at $1,143,000 after purchasing an additional 584 shares during the period. Brighton Jones LLC increased its holdings in shares of Intuitive Surgical by 99.5% in the third quarter. Brighton Jones LLC now owns 18,566 shares of the medical equipment provider’s stock valued at $7,549,000 after purchasing an additional 9,258 shares during the period. Finally, American State Bank Iowa raised its stake in shares of Intuitive Surgical by 13.0% during the third quarter. American State Bank Iowa now owns 1,902 shares of the medical equipment provider’s stock worth $773,000 after purchasing an additional 219 shares during the last quarter. 83.64% of the stock is owned by institutional investors and hedge funds.
Intuitive Surgical Trading Up 1.7%
ISRG stock opened at $460.56 on Tuesday. The firm has a 50 day moving average of $411.69 and a 200-day moving average of $431.58. The company has a market cap of $159.65 billion, a price-to-earnings ratio of 55.69, a PEG ratio of 3.32 and a beta of 1.45. Intuitive Surgical, Inc. has a 12-month low of $328.57 and a 12-month high of $603.88.
Intuitive Surgical News Summary
Here are the key news stories impacting Intuitive Surgical this week:
- Positive Sentiment: Revenue grew 22%, and the company placed 546 da Vinci systems in the third quarter of 2026. The article notes that system placements support a larger installed base, while instruments and services generate much of Intuitive Surgical’s recurring revenue. Intuitive Surgical Placed 546 da Vinci Systems Last Quarter. Why Wall Street’s Sell-Off Misses the Point.
- Positive Sentiment: Robust procedure growth and adoption of the da Vinci 5 system have helped shares recover, according to a six-month review. ISRG Gains 7.8% in 6 Months: Will the Share Price Recovery Continue?
- Neutral Sentiment: Intuitive Surgical appeared on a published list of top healthcare stocks following the midterm elections. The inclusion reflects investor interest in the sector, but is not a company-specific business development. Why Intuitive Surgical (ISRG) Just Cracked the Top 10 Best Healthcare Stocks List
- Negative Sentiment: Growing competition, litigation costs and valuation concerns could weigh on the shares. One article also notes that ISRG remains down for the year despite strong revenue growth. Intuitive Surgical (ISRG) Just Grew Revenue 22%. Why Is the Stock Still Down This Year?
Insider Activity at Intuitive Surgical
In other news, Director Gary S. Guthart sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $457.34, for a total value of $4,573,400.00. Following the completion of the transaction, the director owned 1,194,530 shares in the company, valued at $546,306,350.20. This trade represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Brosius sold 61 shares of Intuitive Surgical stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $441.60, for a total value of $26,937.60. Following the transaction, the executive vice president directly owned 581 shares of the company’s stock, valued at $256,569.60. This trade represents a 9.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 39,056 shares of company stock valued at $17,585,864 in the last 90 days. 0.60% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on ISRG. JPMorgan Chase & Co. lifted their target price on shares of Intuitive Surgical from $450.00 to $475.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. Erste Group Bank raised Intuitive Surgical from a “hold” rating to a “buy” rating in a report on Wednesday, October 21st. BMO Capital Markets reiterated an “outperform” rating on shares of Intuitive Surgical in a research report on Monday, July 20th. Raymond James Financial reissued an “outperform” rating and issued a $480.00 target price on shares of Intuitive Surgical in a report on Wednesday, October 21st. Finally, UBS Group restated a “buy” rating on shares of Intuitive Surgical in a research report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $493.54.
View Our Latest Research Report on ISRG
About Intuitive Surgical
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