Intuitive Surgical, Inc. $ISRG Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC trimmed its position in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 21.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,535 shares of the medical equipment provider’s stock after selling 28,488 shares during the quarter. Calamos Advisors LLC’s holdings in Intuitive Surgical were worth $41,694,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. North Point Portfolio Managers Corp OH bought a new position in Intuitive Surgical in the 3rd quarter worth $27,000. John Boyer Inc. bought a new position in Intuitive Surgical during the 3rd quarter valued at approximately $27,000. Compass Wealth Management LLC purchased a new position in shares of Intuitive Surgical in the 3rd quarter worth about $29,000. Main Street Group LTD purchased a new position in Intuitive Surgical in the first quarter worth about $30,000. Finally, Compass Financial Management LLC bought a new position in Intuitive Surgical in the 2nd quarter valued at approximately $30,000. 83.64% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Craig H. Barratt sold 1,150 shares of the business’s stock in a transaction 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 owned 1,150 shares in the company, valued at $510,370. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Patricia L. Wadors sold 1,078 shares of the company’s stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $443.80, for a total value of $478,416.40. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 49,928 shares of company stock valued at $21,917,367. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. BTIG Research reaffirmed a “buy” rating and issued a $454.00 target price on shares of Intuitive Surgical in a research report on Wednesday, October 21st. Erste Group Bank upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a research report on Wednesday, October 21st. Sanford C. Bernstein reissued an “outperform” rating on shares of Intuitive Surgical in a report on Wednesday, August 12th. Oppenheimer reaffirmed an “outperform” rating and set a $500.00 target price on shares of Intuitive Surgical in a research note on Wednesday, October 21st. Finally, Royal Bank Of Canada reduced their price objective on Intuitive Surgical from $575.00 to $550.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Intuitive Surgical presently has a consensus rating of “Moderate Buy” and an average target price of $493.54.

Intuitive Surgical News Summary

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

Intuitive Surgical Stock Down 3.4%

NASDAQ:ISRG traded down $15.72 during mid-day trading on Friday, hitting $452.80. 2,150,343 shares of the stock traded hands, compared to its average volume of 2,506,658. The stock has a market capitalization of $156.96 billion, a price-to-earnings ratio of 54.75, a PEG ratio of 3.01 and a beta of 1.45. Intuitive Surgical, Inc. has a 52 week low of $328.57 and a 52 week high of $603.88. The firm’s 50 day moving average is $409.93 and its two-hundred day moving average is $431.89.

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

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