Intuitive Surgical, Inc. (NASDAQ:ISRG) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. trimmed its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 136,100 shares of the medical equipment provider’s stock after selling 3,100 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Intuitive Surgical were worth $66,862,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ISRG. Norden Group LLC grew its position in shares of Intuitive Surgical by 32.4% in 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 during the last quarter. Private Advisor Group LLC grew its position in Intuitive Surgical by 9.1% during the first quarter. Private Advisor Group LLC now owns 11,873 shares of the medical equipment provider’s stock valued at $4,738,000 after acquiring an additional 987 shares during the period. Choreo LLC raised its holdings in shares of Intuitive Surgical by 7.6% in the 1st quarter. Choreo LLC now owns 2,169 shares of the medical equipment provider’s stock worth $866,000 after purchasing an additional 154 shares during the period. Whittier Trust Co. increased its position in Intuitive Surgical by 2.6% during the 1st quarter. Whittier Trust Co. now owns 9,166 shares of the medical equipment provider’s stock worth $3,658,000 after purchasing an additional 229 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Intuitive Surgical by 6.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 8,868 shares of the medical equipment provider’s stock valued at $3,539,000 after buying an additional 509 shares during the period. Institutional investors and hedge funds own 83.64% of the company’s stock.

Analysts Set New Price Targets

ISRG has been the topic of a number of recent research reports. Morgan Stanley boosted their price objective on Intuitive Surgical from $375.00 to $460.00 and gave the stock an “equal weight” rating in a research note on Monday, July 15th. Evercore ISI reaffirmed a “cautious” rating on shares of Intuitive Surgical in a report on Friday, October 18th. Robert W. Baird lifted their target price on Intuitive Surgical from $503.00 to $565.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Citigroup boosted their target price on shares of Intuitive Surgical from $512.00 to $560.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Wells Fargo & Company increased their price objective on Intuitive Surgical from $466.00 to $549.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $513.74.

Insider Activity at Intuitive Surgical

In other news, EVP Brian Edward Miller sold 2,553 shares of the business’s stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $515.00, for a total value of $1,314,795.00. Following the transaction, the executive vice president now directly owns 7,066 shares of the company’s stock, valued at $3,638,990. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Intuitive Surgical news, EVP Brian Edward Miller sold 2,553 shares of the company’s stock in a transaction on Tuesday, October 22nd. The shares were 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 in the company, valued at approximately $3,638,990. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Robert Desantis sold 240 shares of the company’s stock in a transaction on Monday, August 12th. The stock was 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 a total of 68,246 shares of company stock worth $33,839,308 over the last quarter. Company insiders own 0.90% of the company’s stock.

Intuitive Surgical Trading Up 0.7 %

Intuitive Surgical stock traded up $3.65 during mid-day trading on Monday, reaching $509.99. The company had a trading volume of 109,261 shares, compared to its average volume of 1,454,567. Intuitive Surgical, Inc. has a fifty-two week low of $269.49 and a fifty-two week high of $523.34. The company has a market cap of $181.65 billion, a P/E ratio of 81.41, a P/E/G ratio of 4.95 and a beta of 1.39. The business has a fifty day simple moving average of $490.41 and a 200 day simple moving average of $447.59.

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.