Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Intuitive Surgical Inc shares valued at $1,095,920 were sold by Brosius Mark on Oct 22 ’24. At $515.00 per share, Brosius Mark sold 2,128 shares. The insider’s holdings dropped to 273 shares worth approximately $0.14 million following the completion of this transaction.
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
Also, Brosius Mark sold 22 shares, netting a total of over 11,306 in proceeds. Following the sale of shares at $513.89 each, the insider now holds 251 shares.
Before that, Brosius Mark had sold 22 shares from its account. In a trade valued at $11,237, the SVP & Chief Mfg and Supply Cha traded Intuitive Surgical Inc shares for $510.79 each. Upon closing the transaction, the insider’s holdings decreased to 22 shares, worth approximately $0.12 million.
As published in a research note from Redburn Atlantic on August 02, 2024, Intuitive Surgical Inc [ISRG] has been rated up from a Neutral to a Buy and the price target has been revised to $510 from $380. Analysts at Citigroup resumed the stock at ‘”a Buy”‘ outlook in a report released in early July. As of May 30, 2024, Goldman has initiated its “Buy” rating for ISRG. Earlier on November 17, 2023, HSBC Securities initiated its rating. Their recommendation was “a Buy” for ISRG stock.
Analyzing ISRG Stock Performance
During the last five days, there has been a surge of approximately 8.00%. Over the course of the year, Intuitive Surgical Inc shares have jumped approximately 51.66%. Shares of the company reached a 52-week high of $523.34 on 10/18/24 and a 52-week low of $320.26 on 01/04/24. A 50-day SMA is recorded $487.09, while a 200-day SMA reached $424.11. Nevertheless, trading volume fell to 0.76 million shares from 1.12 million shares the previous day.
Support And Resistance Levels for Intuitive Surgical Inc (ISRG)
According to the 24-hour chart, there is a support level at 509.17, which, if violated, would cause prices to drop to 506.71. In the upper region, resistance lies at 514.70. The next price resistance is at 517.77. RSI (Relative Strength Index) is 61.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 20.39, which suggests the price will increase in the coming days. Percent R is at 21.98%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
