Hazlett Burt & Watson Inc. Buys 20 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Hazlett Burt & Watson Inc. grew its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 362 shares of the medical equipment provider’s stock after acquiring an additional 20 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Intuitive Surgical were worth $177,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Norden Group LLC lifted its holdings in shares of Intuitive Surgical by 32.4% during the first quarter. Norden Group LLC now owns 957 shares of the medical equipment provider’s stock valued at $382,000 after purchasing an additional 234 shares in the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of Intuitive Surgical by 4.3% during the first quarter. Rehmann Capital Advisory Group now owns 1,753 shares of the medical equipment provider’s stock valued at $700,000 after purchasing an additional 73 shares in the last quarter. Callan Capital LLC bought a new position in Intuitive Surgical in the first quarter valued at about $236,000. Catalina Capital Group LLC lifted its holdings in Intuitive Surgical by 31.3% in the first quarter. Catalina Capital Group LLC now owns 2,401 shares of the medical equipment provider’s stock valued at $958,000 after acquiring an additional 573 shares during the period. Finally, Clarity Capital Partners LLC lifted its holdings in Intuitive Surgical by 28.6% in the first quarter. Clarity Capital Partners LLC now owns 4,860 shares of the medical equipment provider’s stock valued at $1,940,000 after acquiring an additional 1,082 shares during the period. 83.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Redburn Atlantic raised Intuitive Surgical from a “neutral” rating to a “buy” rating and increased their target price for the company from $380.00 to $510.00 in a report on Friday, August 2nd. Robert W. Baird upped their price target on Intuitive Surgical from $503.00 to $565.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Morgan Stanley upped their price target on Intuitive Surgical from $375.00 to $460.00 and gave the stock an “equal weight” rating in a research report on Monday, July 15th. Royal Bank of Canada upped their price target on Intuitive Surgical from $525.00 to $555.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Finally, The Goldman Sachs Group set a $604.00 target price on Intuitive Surgical in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $513.74.

Intuitive Surgical Stock Up 0.2 %

NASDAQ:ISRG opened at $507.42 on Tuesday. The stock’s fifty day moving average is $490.97 and its two-hundred day moving average is $448.54. Intuitive Surgical, Inc. has a 52 week low of $269.49 and a 52 week high of $523.34. The stock has a market capitalization of $180.73 billion, a price-to-earnings ratio of 81.58, a price-to-earnings-growth ratio of 4.98 and a beta of 1.39.

Insider Activity at Intuitive Surgical

In other Intuitive Surgical news, EVP Brian Edward Miller sold 2,553 shares of the firm’s stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $515.00, for a total transaction of $1,314,795.00. Following the transaction, the executive vice president now owns 7,066 shares of the company’s stock, valued at approximately $3,638,990. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, EVP Brian Edward Miller sold 2,553 shares of the firm’s stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $515.00, for a total value of $1,314,795.00. Following the completion of the sale, the executive vice president now owns 7,066 shares in the company, valued at $3,638,990. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert Desantis sold 240 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $464.76, for a total transaction of $111,542.40. Following the completion of the sale, the executive vice president now owns 5,506 shares of the company’s stock, valued at approximately $2,558,968.56. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 68,246 shares of company stock valued at $33,839,308 over the last quarter. 0.80% of the stock is owned by insiders.

Intuitive Surgical 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.