Capital Research Global Investors Has $694.40 Million Stock Position in Intuitive Surgical, Inc. $ISRG

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Capital Research Global Investors significantly reduced its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 45.6% in the third quarter, now holding 1,552,672 shares valued at $694.40 million. Despite this large reduction by one firm, other hedge funds and institutional investors have either increased their positions or maintained significant holdings, with 83.64% of the stock owned by such entities. Analysts have an overall “Moderate Buy” rating for Intuitive Surgical, with an average target price of $615.86, and recent insider sales have also been noted.

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