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
|2023-06-30||Vanguard Group Inc||8%||29,671,911||$8,715,975,351|
|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||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||Geode Capital Management, LLC||2%||6,612,636||$1,942,428,729|