Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Intuitive Surgical Inc shares valued at $145,842 were sold by Samath Jamie on Dec 10 ’24. At $540.15 per share, Samath Jamie sold 270 shares. The insider’s holdings dropped to 8,757 shares worth approximately $5.11 million following the completion of this transaction.
Also, JAMIE E SAMATH purchased 270 shares, netting a total of over 145,842 in proceeds.
Before that, DeSantis Robert had sold 376 shares from its account. In a trade valued at $202,664, the EVP & Chief Strategy & Corp Op traded Intuitive Surgical Inc shares for $539.00 each. Upon closing the transaction, the insider’s holdings decreased to 376 shares, worth approximately $3.22 million.
As published in a research note from Morgan Stanley on December 02, 2024, Intuitive Surgical Inc [ISRG] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $650 from $522. Analysts at Redburn Atlantic upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of July 10, 2024, Citigroup has reiterated its “Buy” rating for ISRG. Earlier on May 30, 2024, Goldman 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 7.36%. Over the course of the year, Intuitive Surgical Inc shares have jumped approximately 11.90%. Shares of the company reached a 52-week high of $585.50 on 01/16/25 and a 52-week low of $520.92 on 01/02/25. A 50-day SMA is recorded $537.96, while a 200-day SMA reached $466.47. Nevertheless, trading volume fell to 2.12 million shares from 3.55 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 576.22, which, if violated, would cause prices to drop to 568.36. In the upper region, resistance lies at 588.72. The next price resistance is at 593.36. RSI (Relative Strength Index) is 70.29 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 25.51, which suggests the price will increase in the coming days. Percent R is at 2.17%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
