The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Intuitive Surgical Inc shares valued at $3,954,208 were sold by Samath Jamie on Jan 28 ’25. At $574.07 per share, Samath Jamie sold 6,888 shares. The insider’s holdings dropped to 2,630 shares worth approximately $1.51 million following the completion of this transaction.
Also, Samath Jamie sold 94 shares, netting a total of over 53,684 in proceeds. Following the sale of shares at $571.11 each, the insider now holds 2,630 shares.
Before that, JAMIE E SAMATH had added 94 shares to its account. In a trade valued at $53,684, the Officer bought Intuitive Surgical Inc shares for $571.11 each.
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 drop of approximately -6.18%. Over the course of the year, Intuitive Surgical Inc shares have jumped approximately 9.72%. Shares of the company reached a 52-week high of $616.00 on 01/23/25 and a 52-week low of $520.92 on 01/02/25. A 50-day SMA is recorded $548.20, while a 200-day SMA reached $474.62. Nevertheless, trading volume fell to 1.59 million shares from 2.33 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 568.66, which, if violated, would cause prices to drop to 564.62. In the upper region, resistance lies at 577.58. The next price resistance is at 582.46. RSI (Relative Strength Index) is 54.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.88, which suggests the price will decrease in the coming days. Percent R is at 50.48%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
