Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Sold by DF Dent & Co. Inc.

DF Dent & Co. Inc. lowered its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 19.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 367,434 shares of the medical equipment provider’s stock after selling 89,839 shares during the period. Intuitive Surgical makes up approximately 2.4% of DF Dent & Co. Inc.’s portfolio, making the stock its 13th largest position. DF Dent & Co. Inc.’s holdings in Intuitive Surgical were worth $191,786,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Atala Financial Inc acquired a new stake in Intuitive Surgical during the fourth quarter worth $25,000. Berbice Capital Management LLC purchased a new position in shares of Intuitive Surgical during the 4th quarter worth $26,000. BankPlus Trust Department acquired a new stake in shares of Intuitive Surgical during the 4th quarter worth about $28,000. Summit Securities Group LLC acquired a new stake in shares of Intuitive Surgical during the 4th quarter worth about $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Intuitive Surgical in the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Insider Transactions at Intuitive Surgical

In related news, VP Fredrik Widman sold 810 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $573.78, for a total transaction of $464,761.80. Following the completion of the sale, the vice president now owns 473 shares in the company, valued at $271,397.94. The trade was a 63.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Amal M. Johnson sold 4,635 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $566.60, for a total transaction of $2,626,191.00. Following the completion of the transaction, the director now owns 12,275 shares in the company, valued at $6,955,015. This represents a 27.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,754 shares of company stock valued at $17,691,621. 0.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ISRG has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Intuitive Surgical from $575.00 to $675.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Royal Bank of Canada lifted their target price on shares of Intuitive Surgical from $611.00 to $641.00 in a report on Monday, January 27th. Raymond James upped their price target on Intuitive Surgical from $560.00 to $688.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Erste Group Bank cut Intuitive Surgical from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Finally, Jefferies Financial Group boosted their price objective on Intuitive Surgical from $475.00 to $575.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $611.86.

Intuitive Surgical Trading Up 2.2 %

Shares of ISRG stock opened at $507.05 on Thursday. The company has a market cap of $180.60 billion, a P/E ratio of 79.10, a PEG ratio of 5.85 and a beta of 1.43. The firm has a fifty day moving average price of $550.11 and a 200 day moving average price of $532.84. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month 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.