72,994 Intuitive Surgical, Inc. $ISRG Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA cut its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,303,931 shares of the medical equipment provider’s stock after selling 72,994 shares during the period. Pictet Asset Management Holding SA’s holdings in Intuitive Surgical were worth $530,265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Intuitive Surgical during the 2nd quarter valued at $14,316,000. Plato Investment Management Ltd purchased a new position in shares of Intuitive Surgical in the 2nd quarter valued at $4,315,000. Hikari Power Ltd purchased a new position in shares of Intuitive Surgical in the 2nd quarter valued at $5,619,000. NewEdge Advisors LLC raised its holdings in Intuitive Surgical by 19.1% in the second quarter. NewEdge Advisors LLC now owns 50,825 shares of the medical equipment provider’s stock worth $20,212,000 after purchasing an additional 8,142 shares in the last quarter. Finally, QRG Capital Management Inc. raised its stake in shares of Intuitive Surgical by 34.0% during the 2nd quarter. QRG Capital Management Inc. now owns 95,883 shares of the medical equipment provider’s stock worth $38,131,000 after acquiring an additional 24,352 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors.

Intuitive Surgical Trading Down 3.4%

NASDAQ ISRG opened at $452.80 on Friday. The stock has a market capitalization of $156.96 billion, a price-to-earnings ratio of 54.75, a PEG ratio of 3.12 and a beta of 1.45. Intuitive Surgical, Inc. has a twelve month low of $328.57 and a twelve month high of $603.88. The stock has a 50-day moving average of $409.93 and a 200 day moving average of $431.89.

Intuitive Surgical (NASDAQ:ISRG) last announced its earnings results on Tuesday, October 20th. The medical equipment provider reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.65 by $0.35. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.91 billion. Intuitive Surgical had a return on equity of 18.17% and a net margin of 25.54%. The business’s revenue was up 21.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.40 EPS. Equities analysts predict that Intuitive Surgical, Inc. will post 9.37 EPS for the current fiscal year.

Insider Buying and Selling at Intuitive Surgical

In other news, Director Gary S. Guthart sold 20,095 shares of the firm’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $451.61, for a total value of $9,075,102.95. Following the transaction, the director directly owned 1,204,530 shares of the company’s stock, valued at approximately $543,977,793.30. This trade represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Craig H. Barratt sold 1,150 shares of the firm’s stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $443.80, for a total transaction of $510,370.00. Following the completion of the transaction, the director directly owned 1,150 shares in the company, valued at $510,370. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 49,928 shares of company stock valued at $21,917,367. 0.60% of the stock is owned by insiders.

Trending Headlines about Intuitive Surgical

Here are the key news stories impacting Intuitive Surgical this week:

• Positive Sentiment: Da Vinci system placements increased 28% year over year to 546 in the third quarter of 2026, and net placements rose 40%, expanding the installed base and supporting future revenue from instruments and services. Article: ISRG System Placements Rise 28%
• Neutral Sentiment: Analysts caution that the placement jump may have been driven partly by multisystem orders and upgrades, so it does not necessarily signal a broad-based increase in hospital capital spending or guarantee the pace will continue. Article: ISRG System Placements Rise 28%: Is Capital Equipment Demand Rising?
• Neutral Sentiment: Recent Zacks coverage says ISRG is attracting investor attention but, in the information provided, identifies no new fundamental development that would explain a change in the stock’s prospects. Article: ISRG is Attracting Investor Attention
• Negative Sentiment: Directors Gary Guthart and Craig Barratt reported sales of 10,000 and 1,150 shares, respectively. Both transactions were made under pre-arranged Rule 10b5-1 plans, which may lessen their signaling significance, but insider selling can still add a modest sentiment headwind. SEC filing: Gary Guthart transaction SEC filing: Craig Barratt transaction

Wall Street Analyst Weigh In

A number of research firms have commented on ISRG. Citigroup decreased their price target on Intuitive Surgical from $590.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, July 17th. Wall Street Zen upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Robert W. Baird increased their price target on Intuitive Surgical from $513.00 to $550.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 21st. Wells Fargo & Company reiterated an “overweight” rating and set a $486.00 price objective (down from $487.00) on shares of Intuitive Surgical in a research note on Wednesday, October 21st. Finally, HSBC cut Intuitive Surgical from a “buy” rating to a “hold” rating and set a $391.00 price objective for the company. in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuitive Surgical presently has an average rating of “Moderate Buy” and an average target price of $493.54.

About Intuitive Surgical