KD Logo

The Potential Rise in the Price of Intuitive Surgical Inc (ISRG) following insiders activity

ZOM Stock

Intuitive Surgical Inc’s recent filing unveils that its Director Ladd Amy L unloaded Company’s shares for reported $0.22 million on Sep 13 ’24. In the deal valued at $490.28 per share,450 shares were sold. As a result of this transaction, Ladd Amy L now holds 821 shares worth roughly $0.4 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Brosius Mark sold 2,115 shares, generating $1,040,390 in total proceeds. Upon selling the shares at $491.91, the insider now owns 295 shares.

Before that, AMY L LADD bought 450 shares. Intuitive Surgical Inc shares valued at $220,626 were divested by the Director at a price of $490.28 per share.

Redburn Atlantic upgraded its Intuitive Surgical Inc [ISRG] rating to a Buy from a a Neutral in a research note published on August 02, 2024; the price target was increased to $510 from $380. A number of analysts have revised their coverage, including Citigroup’s analysts, who remained covering the stock and in early July has reiterated a ‘”a Buy”‘ rating for it. Goldman began covering ISRG with “Buy” recommendation on May 30, 2024. HSBC Securities started covering the stock on November 17, 2023. It rated ISRG as “a Buy”.

Price Performance Review of ISRG

On Monday, Intuitive Surgical Inc [NASDAQ:ISRG] saw its stock jump 2.52% to $491.27. Over the last five days, the stock has gained 0.45%. Intuitive Surgical Inc shares have risen nearly 45.62% since the year began. Nevertheless, the stocks have risen 65.89% over the past one year. While a 52-week high of $496.18 was reached on 09/13/24, a 52-week low of $254.85 was recorded on 01/04/24. SMA at 50 days reached $473.00, while 200 days put it at $409.63.

Levels Of Support And Resistance For ISRG Stock

The 24-hour chart illustrates a support level at 482.56, which if violated will result in even more drops to 473.84. On the upside, there is a resistance level at 496.12. A further resistance level may holdings at 500.96. The Relative Strength Index (RSI) on the 14-day chart is 57.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.71%. Stochastics %K at 46.97% indicates the stock is a holding.

How much short interest is there in Intuitive Surgical Inc?

A steep rise in short interest was recorded in Intuitive Surgical Inc stocks on 2024-09-13, growing by 0.23 million shares to a total of 3.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 3.74 million shares. There was a rise of 5.68%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 19, 2023 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $377 price target.

Most Popular