Galvin Gaustad & Stein LLC Buys Shares of 417 Intuitive Surgical, Inc. (NASDAQ:ISRG)

Galvin Gaustad & Stein LLC bought a new position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) during the fourth quarter, Holdings Channel reports. The institutional investor bought 417 shares of the medical equipment provider’s stock, valued at approximately $218,000.

A number of other large investors also recently modified their holdings of ISRG. Mirador Capital Partners LP grew its stake in Intuitive Surgical by 1.4% during the 3rd quarter. Mirador Capital Partners LP now owns 3,526 shares of the medical equipment provider’s stock worth $1,732,000 after buying an additional 50 shares during the last quarter. M.E. Allison & CO. Inc. bought a new position in shares of Intuitive Surgical during the fourth quarter worth about $449,000. Seilern Investment Management Ltd acquired a new stake in shares of Intuitive Surgical in the 4th quarter worth about $82,517,000. Exome Asset Management LLC lifted its position in Intuitive Surgical by 16.8% in the 3rd quarter. Exome Asset Management LLC now owns 7,427 shares of the medical equipment provider’s stock valued at $3,649,000 after purchasing an additional 1,069 shares during the last quarter. Finally, Consolidated Planning Corp boosted its stake in Intuitive Surgical by 17.4% during the 3rd quarter. Consolidated Planning Corp now owns 8,099 shares of the medical equipment provider’s stock valued at $3,979,000 after purchasing an additional 1,198 shares during the period. 83.64% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ISRG has been the topic of several analyst reports. Citigroup raised their price target on shares of Intuitive Surgical from $567.00 to $640.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Piper Sandler restated an “overweight” rating and issued a $538.00 target price (up from $495.00) on shares of Intuitive Surgical in a research report on Friday, October 18th. Leerink Partners boosted their price target on Intuitive Surgical from $489.00 to $502.00 in a research report on Thursday, October 17th. Raymond James raised their target price on shares of Intuitive Surgical from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Finally, Royal Bank of Canada increased their price objective on shares of Intuitive Surgical from $525.00 to $555.00 and gave the company an “outperform” rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $554.17.

Insider Activity

In other Intuitive Surgical news, CEO Gary S. Guthart sold 18,151 shares of Intuitive Surgical stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $511.63, for a total transaction of $9,286,596.13. Following the transaction, the chief executive officer now directly owns 24,219 shares in the company, valued at approximately $12,391,166.97. The trade was a 42.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robert Desantis sold 188 shares of the 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 owns 5,506 shares of the company’s stock, valued at $2,788,899.12. The trade was a 3.30 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 42,475 shares of company stock valued at $22,070,807 over the last three months. Insiders own 0.90% of the company’s stock.

Intuitive Surgical Stock Down 0.3 %

ISRG opened at $608.66 on Friday. The firm has a market cap of $216.79 billion, a PE ratio of 97.86, a P/E/G ratio of 5.13 and a beta of 1.39. The business has a fifty day simple moving average of $544.61 and a 200-day simple moving average of $502.64. Intuitive Surgical, Inc. has a fifty-two week low of $362.14 and a fifty-two week high of $616.00.

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.