Goepper Burkhardt LLC Sells 30 Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG)

Goepper Burkhardt LLC lessened its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 3.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 942 shares of the medical equipment provider’s stock after selling 30 shares during the period. Goepper Burkhardt LLC’s holdings in Intuitive Surgical were worth $492,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. AIA Group Ltd lifted its stake in shares of Intuitive Surgical by 4.1% during the 4th quarter. AIA Group Ltd now owns 18,533 shares of the medical equipment provider’s stock worth $9,673,000 after buying an additional 722 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in Intuitive Surgical by 87.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 677 shares of the medical equipment provider’s stock worth $352,000 after acquiring an additional 315 shares during the last quarter. Everstar Asset Management LLC bought a new stake in shares of Intuitive Surgical during the fourth quarter worth approximately $213,000. O Shaughnessy Asset Management LLC grew its position in shares of Intuitive Surgical by 14.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 42,537 shares of the medical equipment provider’s stock valued at $22,203,000 after purchasing an additional 5,264 shares during the last quarter. Finally, Martin Currie Ltd. increased its stake in shares of Intuitive Surgical by 54.5% during the fourth quarter. Martin Currie Ltd. now owns 3,228 shares of the medical equipment provider’s stock worth $1,685,000 after purchasing an additional 1,139 shares during the period. Institutional investors and hedge funds own 83.64% of the company’s stock.

Intuitive Surgical Trading Down 3.2 %

Shares of ISRG stock opened at $491.84 on Monday. The firm has a market capitalization of $175.18 billion, a price-to-earnings ratio of 76.73, a PEG ratio of 5.85 and a beta of 1.43. The business’s 50-day moving average price is $556.28 and its 200-day moving average price is $532.97. Intuitive Surgical, Inc. has a 12 month low of $364.17 and a 12 month high of $616.00.

Wall Street Analyst Weigh In

ISRG has been the topic of a number of research reports. Royal Bank of Canada upped their price objective on Intuitive Surgical from $611.00 to $641.00 in a report on Monday, January 27th. JPMorgan Chase & Co. upped their price target on shares of Intuitive Surgical from $575.00 to $675.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Robert W. Baird dropped their price target on shares of Intuitive Surgical from $707.00 to $600.00 and set an “outperform” rating for the company in a research report on Tuesday, March 18th. Piper Sandler reaffirmed an “overweight” rating and issued a $670.00 price target (up previously from $538.00) on shares of Intuitive Surgical in a research note on Friday, January 24th. Finally, Barclays boosted their target price on shares of Intuitive Surgical from $610.00 to $674.00 in a research report on Monday, January 27th. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $611.86.

Insider Buying and Selling

In related news, EVP Brian Edward Miller sold 8,900 shares of the firm’s stock in a transaction 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 transaction, the executive vice president now directly owns 5,758 shares of the company’s stock, valued at $2,793,033.06. This trade represents a 60.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Robert Desantis sold 11,545 shares of the company’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $499.22, for a total value of $5,763,494.90. Following the completion of the sale, the executive vice president now owns 5,224 shares in the company, valued at $2,607,925.28. This trade represents a 68.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,754 shares of company stock worth $17,691,621 in the last ninety days. Company insiders own 0.70% of the company’s stock.

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.