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Aberdeen Group plc Cuts Position in Intuitive Surgical, Inc. $ISRG
Aberdeen Group plc reduced its stake in Intuitive Surgical, Inc. (ISRG) by 2.0% in Q4, selling 7,568 shares to hold 380,508 shares valued at $215.5 million. This comes amidst significant insider selling of 32,943 shares worth $17.28 million over the last 90 days. Despite the share reduction, Intuitive Surgical reported strong Q4 earnings, beating estimates with $2.53 EPS and $2.87 billion in revenue, and analysts maintain a “Moderate Buy” rating with an average target price of $614.95.