Family Capital Trust Co Has $2.29 Million Position in Intuitive Surgical, Inc. (NASDAQ:ISRG)

Family Capital Trust Co reduced its stake in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 50.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,377 shares of the medical equipment provider’s stock after selling 4,378 shares during the quarter. Intuitive Surgical accounts for 0.8% of Family Capital Trust Co’s portfolio, making the stock its 26th largest position. Family Capital Trust Co’s holdings in Intuitive Surgical were worth $2,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Private Advisory Group LLC acquired a new stake in shares of Intuitive Surgical in the third quarter valued at $398,000. LVW Advisors LLC increased its stake in shares of Intuitive Surgical by 8.3% in the third quarter. LVW Advisors LLC now owns 1,429 shares of the medical equipment provider’s stock valued at $702,000 after buying an additional 109 shares in the last quarter. Hilltop Wealth Advisors LLC acquired a new stake in shares of Intuitive Surgical in the third quarter valued at $866,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Intuitive Surgical by 356.7% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,923 shares of the medical equipment provider’s stock valued at $1,436,000 after buying an additional 2,283 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in shares of Intuitive Surgical by 13.2% in the third quarter. Valeo Financial Advisors LLC now owns 4,119 shares of the medical equipment provider’s stock valued at $2,023,000 after buying an additional 480 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on ISRG. BTIG Research raised their price target on Intuitive Surgical from $535.00 to $561.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Wells Fargo & Company raised their price target on Intuitive Surgical from $630.00 to $687.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Leerink Partners raised their price target on Intuitive Surgical from $490.00 to $548.00 in a report on Monday, January 27th. Robert W. Baird raised their price target on Intuitive Surgical from $503.00 to $565.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Finally, Mizuho raised their price target on Intuitive Surgical from $440.00 to $500.00 in a report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have given 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 target price of $613.10.

Intuitive Surgical Trading Down 0.9 %

ISRG stock opened at $582.98 on Friday. The stock has a 50-day moving average price of $554.85 and a two-hundred day moving average price of $513.96. Intuitive Surgical, Inc. has a 1 year low of $364.17 and a 1 year high of $616.00. The stock has a market cap of $207.65 billion, a PE ratio of 90.95, a price-to-earnings-growth ratio of 5.67 and a beta of 1.39.

Insider Buying and Selling at Intuitive Surgical

In other Intuitive Surgical news, EVP Robert Desantis sold 376 shares of Intuitive Surgical stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $539.00, for a total value of $202,664.00. Following the sale, the executive vice president now owns 5,506 shares of the company’s stock, valued at $2,967,734. This trade represents a 6.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Amal M. Johnson sold 4,635 shares of the firm’s stock in a transaction dated 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 owns 12,275 shares of the company’s stock, valued at $6,955,015. The trade was a 27.41 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,940 shares of company stock valued at $3,333,485 in the last 90 days. 0.90% of the stock is currently owned by company insiders.

About Intuitive Surgical

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.