WINTON GROUP Ltd Takes $1.02 Million Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

WINTON GROUP Ltd purchased a new position in Intuitive Surgical, Inc. (NASDAQ:ISRG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,956 shares of the medical equipment provider’s stock, valued at approximately $1,021,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Artisan Partners Limited Partnership lifted its position in shares of Intuitive Surgical by 8.8% during the fourth quarter. Artisan Partners Limited Partnership now owns 156,551 shares of the medical equipment provider’s stock worth $81,713,000 after purchasing an additional 12,660 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Intuitive Surgical by 6.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 704,935 shares of the medical equipment provider’s stock valued at $377,348,000 after buying an additional 40,649 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in shares of Intuitive Surgical by 3.0% in the 4th quarter. Ausdal Financial Partners Inc. now owns 1,977 shares of the medical equipment provider’s stock worth $1,032,000 after acquiring an additional 57 shares in the last quarter. Mizuho Securities Co. Ltd. boosted its holdings in Intuitive Surgical by 150.0% in the fourth quarter. Mizuho Securities Co. Ltd. now owns 300 shares of the medical equipment provider’s stock worth $158,000 after purchasing an additional 180 shares during the period. Finally, UNIVEST FINANCIAL Corp raised its holdings in shares of Intuitive Surgical by 5.2% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 9,415 shares of the medical equipment provider’s stock worth $4,914,000 after purchasing an additional 469 shares during the period. 83.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ISRG. Jefferies Financial Group lifted their price target on shares of Intuitive Surgical from $475.00 to $575.00 in a report on Monday, January 27th. Royal Bank of Canada upped their price objective on Intuitive Surgical from $611.00 to $641.00 in a research note on Monday, January 27th. Citigroup upped their target price on shares of Intuitive Surgical from $640.00 to $711.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Raymond James raised their target price on Intuitive Surgical from $560.00 to $688.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Evercore ISI raised their price target on Intuitive Surgical from $490.00 to $530.00 in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $611.86.

Insider Activity at Intuitive Surgical

In other news, Director Amal M. Johnson sold 4,635 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $566.60, for a total value of $2,626,191.00. Following the transaction, the director now owns 12,275 shares of the company’s stock, valued at $6,955,015. This trade represents a 27.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jamie Samath sold 94 shares of the business’s stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $571.11, for a total transaction of $53,684.34. Following the transaction, the chief financial officer now directly owns 2,630 shares of the company’s stock, valued at approximately $1,502,019.30. This represents a 3.45 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,754 shares of company stock valued at $17,691,621. 0.90% of the stock is owned by corporate insiders.

Intuitive Surgical Trading Down 3.2 %

Shares of NASDAQ:ISRG opened at $491.84 on Friday. The business has a fifty day simple moving average of $556.28 and a 200 day simple moving average of $532.68. Intuitive Surgical, Inc. has a 1 year low of $364.17 and a 1 year high of $616.00. The firm has a market cap of $175.18 billion, a price-to-earnings ratio of 76.73, a P/E/G ratio of 5.85 and a beta of 1.43.

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.