Commerzbank Aktiengesellschaft FI Purchases 6,193 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Commerzbank Aktiengesellschaft FI grew its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 349.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,967 shares of the medical equipment provider’s stock after buying an additional 6,193 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Intuitive Surgical were worth $3,914,000 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. NBC Securities Inc. grew its holdings in shares of Intuitive Surgical by 34.4% during the first quarter. NBC Securities Inc. now owns 121 shares of the medical equipment provider’s stock worth $48,000 after buying an additional 31 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in Intuitive Surgical by 14.4% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 9,993 shares of the medical equipment provider’s stock worth $3,988,000 after acquiring an additional 1,255 shares during the period. Hoxton Planning & Management LLC acquired a new position in shares of Intuitive Surgical in the 1st quarter valued at approximately $203,000. Elevated Capital Advisors LLC boosted its stake in Intuitive Surgical by 2.8% in the first quarter. Elevated Capital Advisors LLC now owns 1,556 shares of the medical equipment provider’s stock valued at $621,000 after buying an additional 42 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in shares of Intuitive Surgical by 17.2% during the first quarter. Brookstone Capital Management now owns 10,241 shares of the medical equipment provider’s stock worth $4,087,000 after buying an additional 1,505 shares during the last quarter. 83.64% of the stock is owned by institutional investors.

Intuitive Surgical Trading Down 0.7 %

Shares of NASDAQ ISRG opened at $514.10 on Wednesday. The business has a 50-day moving average of $485.88 and a 200-day moving average of $440.46. The firm has a market capitalization of $182.35 billion, a price-to-earnings ratio of 93.41, a PEG ratio of 5.40 and a beta of 1.39. Intuitive Surgical, Inc. has a 12 month low of $254.85 and a 12 month high of $523.34.

Insiders Place Their Bets

In related 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 value of $1,314,795.00. Following the completion of the transaction, the executive vice president now directly owns 7,066 shares in the company, valued at approximately $3,638,990. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Intuitive Surgical news, insider Mark Brosius sold 2,115 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $491.91, for a total transaction of $1,040,389.65. Following the transaction, the insider now owns 295 shares in the company, valued at approximately $145,113.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brian Edward Miller sold 2,553 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $515.00, for a total transaction of $1,314,795.00. Following the completion of the sale, the executive vice president now directly owns 7,066 shares in the company, valued at $3,638,990. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,455 shares of company stock valued at $24,911,155 in the last quarter. Corporate insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ISRG shares. Oppenheimer reaffirmed a “market perform” rating on shares of Intuitive Surgical in a research report on Friday, October 18th. JPMorgan Chase & Co. increased their price target on Intuitive Surgical from $495.00 to $575.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Evercore ISI restated a “cautious” rating on shares of Intuitive Surgical in a research note on Friday, October 18th. Citigroup boosted their price target on shares of Intuitive Surgical from $512.00 to $560.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Finally, BTIG Research set a $535.00 target price on shares of Intuitive Surgical in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, Intuitive Surgical has a consensus rating of “Moderate Buy” and a consensus price target of $513.74.

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.