Raiffeisen Bank International AG Has $21.71 Million Stake in Intuitive Surgical, Inc. $ISRG

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Raiffeisen Bank International AG reduced its stake in Intuitive Surgical (NASDAQ:ISRG) by 20.9% in the third quarter, holding 49,428 shares valued at $21.71 million. Despite this, other institutional investors like Norges Bank and Rakuten Investment Management increased their holdings, with institutional investors collectively owning 83.64% of the company. Intuitive Surgical exceeded Q4 earnings expectations with $2.53 EPS and $2.87 billion in revenue, leading to an average analyst rating of “Moderate Buy” with a consensus target price of $617.23.

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