Intuitive Surgical stock is trading -20.25% below its average target price of $368.32 after dropping -2.0% during today's afternoon session. Analysts are giving the large-cap Specialty Industrial Machinery company an average rating of buy and target prices ranging from $315.0 to $400.0 per share.
Intuitive Surgical's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.9%. The stock's short ratio is 1.84. The company's insiders own 0.51% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 87.6%. In conclusion, we believe there is positive market sentiment regarding Intuitive Surgical.
Institutions Invested in Intuitive Surgical
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 8% | 29,671,911 | $8,715,975,351 |
| 2023-06-30 | Blackrock Inc. | 8% | 29,579,371 | $8,688,792,189 |
| 2023-06-30 | Price (T.Rowe) Associates Inc | 5% | 19,022,095 | $5,587,645,202 |
| 2023-06-30 | State Street Corporation | 4% | 14,810,625 | $4,350,546,968 |
| 2023-06-30 | FMR, LLC | 2% | 8,194,650 | $2,407,137,424 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 8,018,676 | $2,355,445,942 |
| 2023-06-30 | Capital World Investors | 2% | 7,510,586 | $2,206,197,047 |
| 2023-06-30 | Bank Of New York Mellon Corporation | 2% | 7,119,920 | $2,091,440,865 |
| 2023-06-30 | Alliancebernstein L.P. | 2% | 6,957,880 | $2,043,842,426 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 6,612,636 | $1,942,428,729 |
