Douglass Winthrop Advisors LLC Buys 24 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Douglass Winthrop Advisors LLC lifted its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,613 shares of the medical equipment provider’s stock after buying an additional 24 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Intuitive Surgical were worth $1,364,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Whittier Trust Co. lifted its holdings in Intuitive Surgical by 49.9% during the fourth quarter. Whittier Trust Co. now owns 63,791 shares of the medical equipment provider’s stock valued at $33,295,000 after purchasing an additional 21,242 shares in the last quarter. Northwest & Ethical Investments L.P. lifted its stake in shares of Intuitive Surgical by 1.2% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 15,924 shares of the medical equipment provider’s stock valued at $8,311,000 after buying an additional 183 shares in the last quarter. iA Global Asset Management Inc. boosted its holdings in Intuitive Surgical by 5.3% in the 4th quarter. iA Global Asset Management Inc. now owns 49,795 shares of the medical equipment provider’s stock worth $25,991,000 after buying an additional 2,506 shares during the period. Teacher Retirement System of Texas increased its stake in Intuitive Surgical by 100.8% in the 4th quarter. Teacher Retirement System of Texas now owns 178,504 shares of the medical equipment provider’s stock worth $93,172,000 after buying an additional 89,617 shares in the last quarter. Finally, Sandy Spring Bank raised its holdings in Intuitive Surgical by 5.3% during the fourth quarter. Sandy Spring Bank now owns 13,634 shares of the medical equipment provider’s stock valued at $7,116,000 after acquiring an additional 683 shares during the period. 83.64% of the stock is owned by hedge funds and other institutional investors.

Intuitive Surgical Stock Down 0.1 %

ISRG stock opened at $491.81 on Friday. Intuitive Surgical, Inc. has a twelve month low of $364.17 and a twelve month high of $616.00. The stock has a market capitalization of $175.17 billion, a price-to-earnings ratio of 76.73, a price-to-earnings-growth ratio of 5.85 and a beta of 1.43. The firm’s fifty day simple moving average is $563.34 and its two-hundred day simple moving average is $531.34.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Leerink Partners lifted their target price on Intuitive Surgical from $490.00 to $548.00 in a research note on Monday, January 27th. Royal Bank of Canada boosted their target price on shares of Intuitive Surgical from $611.00 to $641.00 in a report on Monday, January 27th. Erste Group Bank cut shares of Intuitive Surgical from a “strong-buy” rating to a “hold” rating in a research note on Monday. Truist Financial decreased their price target on shares of Intuitive Surgical from $666.00 to $605.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Stifel Nicolaus raised their price objective on Intuitive Surgical from $525.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. 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 stock. According to data from MarketBeat, Intuitive Surgical presently has an average rating of “Moderate Buy” and an average target price of $611.86.

Insider Activity at Intuitive Surgical

In related news, EVP Brian Edward Miller sold 8,900 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $485.07, for a total transaction of $4,317,123.00. Following the completion of the sale, the executive vice president now directly owns 5,758 shares of the company’s stock, valued at approximately $2,793,033.06. This trade represents a 60.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Amal M. Johnson sold 4,635 shares of the company’s stock in a transaction 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 completion of the transaction, the director now directly owns 12,275 shares in the company, valued at $6,955,015. This trade represents a 27.41 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,754 shares of company stock worth $17,691,621. Insiders own 0.90% of the company’s stock.

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.