Deane Retirement Strategies Inc. Purchases 97 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Deane Retirement Strategies Inc. lifted its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 10,050 shares of the medical equipment provider’s stock after buying an additional 97 shares during the quarter. Intuitive Surgical accounts for about 2.6% of Deane Retirement Strategies Inc.’s holdings, making the stock its 8th biggest position. Deane Retirement Strategies Inc.’s holdings in Intuitive Surgical were worth $5,246,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BSW Wealth Partners raised its position in Intuitive Surgical by 6.1% during the 4th quarter. BSW Wealth Partners now owns 1,556 shares of the medical equipment provider’s stock worth $812,000 after purchasing an additional 90 shares during the last quarter. Bensler LLC acquired a new stake in shares of Intuitive Surgical in the fourth quarter valued at about $1,316,000. Perigon Wealth Management LLC raised its position in shares of Intuitive Surgical by 6.4% during the fourth quarter. Perigon Wealth Management LLC now owns 5,804 shares of the medical equipment provider’s stock worth $3,029,000 after acquiring an additional 350 shares during the last quarter. Buffington Mohr McNeal raised its position in shares of Intuitive Surgical by 6.5% during the fourth quarter. Buffington Mohr McNeal now owns 507 shares of the medical equipment provider’s stock worth $265,000 after acquiring an additional 31 shares during the last quarter. Finally, Nilsine Partners LLC lifted its stake in shares of Intuitive Surgical by 9.5% in the fourth quarter. Nilsine Partners LLC now owns 6,889 shares of the medical equipment provider’s stock worth $3,596,000 after acquiring an additional 595 shares during the period. Institutional investors and hedge funds own 83.64% of the company’s stock.

Intuitive Surgical Trading Up 0.1 %

Shares of ISRG stock opened at $574.14 on Wednesday. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month high of $616.00. The firm has a market capitalization of $204.50 billion, a PE ratio of 92.31, a price-to-earnings-growth ratio of 5.19 and a beta of 1.39. The firm has a fifty day simple moving average of $548.00 and a two-hundred day simple moving average of $506.12.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ISRG shares. Raymond James raised their price target on shares of Intuitive Surgical from $560.00 to $688.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Truist Financial lifted their target price on shares of Intuitive Surgical from $640.00 to $666.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus upped their price target on shares of Intuitive Surgical from $525.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. CICC Research initiated coverage on Intuitive Surgical in a report on Monday. They set a “neutral” rating and a $550.00 price target for the company. Finally, Citigroup boosted their price objective on Intuitive Surgical from $640.00 to $711.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Intuitive Surgical presently has an average rating of “Moderate Buy” and a consensus price target of $613.10.

Insider Transactions at Intuitive Surgical

In other news, insider Jamie Samath sold 269 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $539.89, for a total value of $145,230.41. Following the transaction, the insider now owns 8,757 shares in the company, valued at $4,727,816.73. This trade represents a 2.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Amal M. Johnson sold 4,635 shares of the company’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $566.60, for a total value of $2,626,191.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders sold a total of 28,749 shares of company stock valued at $15,303,875 over the last three months. Corporate 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.