Shell Asset Management Co. reduced its stake in Intuitive Surgical, Inc. by 77.0% in Q3, selling 24,907 shares and holding 7,442 shares valued at $3.33 million. Despite this, institutional ownership remains high, with major firms increasing their positions. Intuitive Surgical recently outperformed earnings expectations, reporting an EPS of $2.53 against an estimated $2.27, and analysts maintain a “Moderate Buy” rating with an average target price of $617.23.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Shell Asset Management Co. Sells 24,907 Shares of Intuitive Surgical, Inc. $ISRG
Shell Asset Management Co. reduced its stake in Intuitive Surgical, Inc. by 77.0% in Q3, selling 24,907 shares and holding 7,442 shares valued at $3.33 million. Despite this, institutional ownership remains high, with major firms increasing their positions. Intuitive Surgical recently outperformed earnings expectations, reporting an EPS of $2.53 against an estimated $2.27, and analysts maintain a “Moderate Buy” rating with an average target price of $617.23.