Intuitive Surgical, Inc. (NASDAQ:ISRG – Get Free Report) EVP Mark Brosius sold 25 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $414.13, for a total transaction of $10,353.25. Following the transaction, the executive vice president owned 1,406 shares of the company’s stock, valued at approximately $582,266.78. The trade was a 1.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Brosius also recently made the following trade(s):
- On Wednesday, June 10th, Mark Brosius sold 23 shares of Intuitive Surgical stock. The stock was sold at an average price of $424.14, for a total transaction of $9,755.22.
- On Monday, June 8th, Mark Brosius sold 23 shares of Intuitive Surgical stock. The stock was sold at an average price of $420.12, for a total transaction of $9,662.76.
- On Friday, May 22nd, Mark Brosius sold 18 shares of Intuitive Surgical stock. The shares were sold at an average price of $439.80, for a total value of $7,916.40.
- On Wednesday, May 20th, Mark Brosius sold 18 shares of Intuitive Surgical stock. The shares were sold at an average price of $440.38, for a total value of $7,926.84.
- On Monday, May 18th, Mark Brosius sold 18 shares of Intuitive Surgical stock. The shares were sold at an average price of $422.47, for a total value of $7,604.46.
Intuitive Surgical Stock Down 0.4%
Shares of ISRG stock opened at $411.06 on Friday. The firm has a 50 day moving average of $442.88 and a 200-day moving average of $496.19. The company has a market cap of $145.58 billion, a price-to-earnings ratio of 49.83, a price-to-earnings-growth ratio of 3.28 and a beta of 1.46. Intuitive Surgical, Inc. has a 52 week low of $396.68 and a 52 week high of $603.88.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. HSBC dropped their target price on shares of Intuitive Surgical from $653.00 to $604.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Wall Street Zen upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. dropped their target price on shares of Intuitive Surgical from $625.00 to $550.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Piper Sandler reiterated an “overweight” rating and set a $580.00 target price on shares of Intuitive Surgical in a research report on Tuesday, June 2nd. Finally, Robert W. Baird boosted their price objective on Intuitive Surgical from $575.00 to $610.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Nineteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $571.28.
View Our Latest Stock Report on Intuitive Surgical
Key Stories Impacting Intuitive Surgical
Here are the key news stories impacting Intuitive Surgical this week:
- Positive Sentiment: Analyst coverage remains broadly constructive, with brokerage sentiment still at a “Moderate Buy” and recent EPS estimate increases signaling confidence in Intuitive Surgical’s growth outlook.
- Positive Sentiment: Recent commentary highlights that the company’s scale, cost discipline, and adoption of the da Vinci 5 platform could help protect margins even if tariffs and input costs remain a concern.
- Neutral Sentiment: Investor attention has increased around ISRG, which can support trading activity, but this appears more like watchlist interest than a fresh business catalyst.
- Neutral Sentiment: BofA trimmed its price target slightly to $515 from $520, which still implies upside but signals a bit less optimism than before. Article: BofA adjusts price target on Intuitive Surgical to $515 from $520
- Neutral Sentiment: Two executives sold shares under pre-arranged 10b5-1 plans, including EVP Gary Loeb and EVP Mark Brosius. The sales were relatively small and routine, so they are unlikely to be a major fundamental concern.
- Negative Sentiment: One recent research note was notably bearish, with Deutsche Bank cutting its target to $366 and maintaining a sell rating, reinforcing concerns that valuation may still be too rich despite the company’s strong operating performance.
- Negative Sentiment: Seeking Alpha published a view calling Intuitive Surgical an “excellent business, unattractive stock,” reflecting ongoing investor caution around the valuation. Article: Intuitive Surgical: Excellent Business, Unattractive Stock
Institutional Investors Weigh In On Intuitive Surgical
Several institutional investors have recently bought and sold shares of ISRG. Defilade Capital Management L.P. grew its stake in Intuitive Surgical by 48.2% in the 1st quarter. Defilade Capital Management L.P. now owns 67,681 shares of the medical equipment provider’s stock valued at $31,200,000 after purchasing an additional 22,019 shares during the period. FAS Wealth Partners Inc. grew its stake in Intuitive Surgical by 1.0% in the 1st quarter. FAS Wealth Partners Inc. now owns 5,282 shares of the medical equipment provider’s stock valued at $2,435,000 after purchasing an additional 52 shares during the period. Pine Valley Investments Ltd Liability Co grew its stake in Intuitive Surgical by 30.0% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 2,350 shares of the medical equipment provider’s stock valued at $1,083,000 after purchasing an additional 543 shares during the period. Evansbrook LLC grew its stake in Intuitive Surgical by 5.4% in the 1st quarter. Evansbrook LLC now owns 1,651 shares of the medical equipment provider’s stock valued at $761,000 after purchasing an additional 85 shares during the period. Finally, Parallel Advisors LLC grew its stake in Intuitive Surgical by 0.8% in the 1st quarter. Parallel Advisors LLC now owns 40,733 shares of the medical equipment provider’s stock valued at $18,778,000 after purchasing an additional 321 shares during the period. Institutional investors own 83.64% of the company’s stock.
About Intuitive Surgical
Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.
In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.
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