NEOS Investment Management LLC significantly increased its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 60.5% in the third quarter, bringing its total holdings to 152,438 shares valued at $68.175 million. Other institutional investors also made purchases, contributing to 83.64% of the stock being owned by institutional investors and hedge funds. The company reported strong financial results, beating analyst expectations for both earnings per share and revenue, and analysts maintain a “Moderate Buy” consensus rating for ISRG.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
NEOS Investment Management LLC Raises Holdings in Intuitive Surgical, Inc. $ISRG
NEOS Investment Management LLC significantly increased its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 60.5% in the third quarter, bringing its total holdings to 152,438 shares valued at $68.175 million. Other institutional investors also made purchases, contributing to 83.64% of the stock being owned by institutional investors and hedge funds. The company reported strong financial results, beating analyst expectations for both earnings per share and revenue, and analysts maintain a “Moderate Buy” consensus rating for ISRG.