WD Rutherford LLC Grows Stock Holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG)

WD Rutherford LLC grew its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,310 shares of the medical equipment provider’s stock after acquiring an additional 750 shares during the period. Intuitive Surgical comprises approximately 2.1% of WD Rutherford LLC’s holdings, making the stock its 17th biggest holding. WD Rutherford LLC’s holdings in Intuitive Surgical were worth $4,337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ISRG. Creative Planning boosted its position in shares of Intuitive Surgical by 9.3% in the third quarter. Creative Planning now owns 68,881 shares of the medical equipment provider’s stock worth $33,839,000 after buying an additional 5,842 shares during the period. Secure Asset Management LLC boosted its holdings in Intuitive Surgical by 6.0% in the 3rd quarter. Secure Asset Management LLC now owns 1,534 shares of the medical equipment provider’s stock worth $754,000 after acquiring an additional 87 shares during the period. Trust Co. of Vermont grew its position in Intuitive Surgical by 1.4% in the third quarter. Trust Co. of Vermont now owns 5,120 shares of the medical equipment provider’s stock valued at $2,515,000 after acquiring an additional 71 shares in the last quarter. Onyx Bridge Wealth Group LLC acquired a new stake in Intuitive Surgical in the third quarter valued at approximately $402,000. Finally, Howard Capital Management Group LLC raised its stake in shares of Intuitive Surgical by 4.5% during the third quarter. Howard Capital Management Group LLC now owns 2,125 shares of the medical equipment provider’s stock valued at $1,044,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 83.64% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Truist Financial raised their price target on shares of Intuitive Surgical from $640.00 to $666.00 and gave the company a “buy” rating in a report on Friday, January 24th. Morgan Stanley upgraded Intuitive Surgical from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $522.00 to $650.00 in a research note on Monday, December 2nd. Leerink Partners boosted their price target on Intuitive Surgical from $490.00 to $548.00 in a research note on Monday, January 27th. Royal Bank of Canada raised their price objective on Intuitive Surgical from $611.00 to $641.00 in a research note on Monday, January 27th. Finally, CICC Research began coverage on Intuitive Surgical in a research report on Monday, January 27th. They issued a “neutral” rating and a $550.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $613.10.

Intuitive Surgical Stock Performance

ISRG stock opened at $595.55 on Friday. Intuitive Surgical, Inc. has a 1 year low of $364.17 and a 1 year high of $616.00. The stock has a market capitalization of $212.12 billion, a price-to-earnings ratio of 92.91, a PEG ratio of 5.67 and a beta of 1.39. The stock’s fifty day moving average is $559.48 and its two-hundred day moving average is $519.06.

Insider Activity at Intuitive Surgical

In other Intuitive Surgical news, Director Amal M. Johnson sold 4,635 shares of the business’s stock in a transaction on Tuesday, January 28th. The stock was 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 approximately $6,955,015. The trade was a 27.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jamie Samath sold 94 shares of the stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $571.11, for a total value of $53,684.34. Following the completion of the transaction, the chief financial officer now directly owns 2,630 shares of the company’s stock, valued at approximately $1,502,019.30. The trade was a 3.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,348 shares of company stock worth $3,587,582 in the last ninety days. 0.90% of the stock is owned by insiders.

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.