Linden Thomas Advisory Services LLC Has $5.33 Million Stake in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Linden Thomas Advisory Services LLC grew its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 5.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,217 shares of the medical equipment provider’s stock after acquiring an additional 562 shares during the quarter. Intuitive Surgical accounts for 0.7% of Linden Thomas Advisory Services LLC’s holdings, making the stock its 16th biggest position. Linden Thomas Advisory Services LLC’s holdings in Intuitive Surgical were worth $5,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of ISRG. AQR Capital Management LLC increased its holdings in shares of Intuitive Surgical by 12.6% in the second quarter. AQR Capital Management LLC now owns 42,691 shares of the medical equipment provider’s stock worth $18,958,000 after acquiring an additional 4,775 shares in the last quarter. APG Asset Management N.V. grew its position in shares of Intuitive Surgical by 3.4% in the 2nd quarter. APG Asset Management N.V. now owns 234,279 shares of the medical equipment provider’s stock valued at $97,242,000 after purchasing an additional 7,648 shares during the period. Daymark Wealth Partners LLC increased its stake in Intuitive Surgical by 3.6% during the 2nd quarter. Daymark Wealth Partners LLC now owns 7,003 shares of the medical equipment provider’s stock worth $3,115,000 after purchasing an additional 246 shares in the last quarter. MBB Public Markets I LLC raised its holdings in Intuitive Surgical by 1,739.6% during the 2nd quarter. MBB Public Markets I LLC now owns 25,129 shares of the medical equipment provider’s stock worth $11,179,000 after buying an additional 23,763 shares during the period. Finally, Mark Asset Management LP lifted its stake in Intuitive Surgical by 0.3% in the second quarter. Mark Asset Management LP now owns 29,067 shares of the medical equipment provider’s stock valued at $12,930,000 after buying an additional 77 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ISRG has been the subject of several research reports. The Goldman Sachs Group set a $604.00 price objective on shares of Intuitive Surgical in a research report on Friday, October 18th. Morgan Stanley raised Intuitive Surgical from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $522.00 to $650.00 in a research note on Monday, December 2nd. Oppenheimer reaffirmed a “market perform” rating on shares of Intuitive Surgical in a research report on Friday, October 18th. Leerink Partners lifted their target price on Intuitive Surgical from $489.00 to $502.00 in a research report on Thursday, October 17th. Finally, Evercore ISI reaffirmed a “cautious” rating on shares of Intuitive Surgical in a research report on Friday, October 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $583.83.

Intuitive Surgical Price Performance

Intuitive Surgical stock opened at $584.05 on Friday. Intuitive Surgical, Inc. has a fifty-two week low of $364.17 and a fifty-two week high of $616.00. The firm has a market capitalization of $208.03 billion, a PE ratio of 93.90, a P/E/G ratio of 5.19 and a beta of 1.39. The company’s 50-day moving average is $547.16 and its 200-day moving average is $504.35.

Insiders Place Their Bets

In other Intuitive Surgical news, insider Jamie Samath sold 269 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $539.89, for a total value of $145,230.41. Following the transaction, the insider now directly owns 8,757 shares of the company’s stock, valued at $4,727,816.73. This represents a 2.98 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robert Desantis sold 188 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $506.52, for a total value of $95,225.76. Following the sale, the executive vice president now owns 5,506 shares of the company’s stock, valued at approximately $2,788,899.12. This represents a 3.30 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 42,475 shares of company stock valued at $22,070,807 over the last 90 days. 0.90% of the stock is currently 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.