Intuitive Surgical, Inc. $ISRG Stock Acquired by Brighton Jones LLC

Brighton Jones LLC raised its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 99.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,566 shares of the medical equipment provider’s stock after purchasing an additional 9,258 shares during the period. Brighton Jones LLC’s holdings in Intuitive Surgical were worth $7,549,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Intuitive Surgical in the 2nd quarter valued at about $14,316,000. Plato Investment Management Ltd purchased a new stake in Intuitive Surgical during the 2nd quarter valued at about $4,315,000. Hikari Power Ltd purchased a new stake in Intuitive Surgical during the 2nd quarter valued at about $5,619,000. NewEdge Advisors LLC grew its position in Intuitive Surgical by 19.1% during the 2nd quarter. NewEdge Advisors LLC now owns 50,825 shares of the medical equipment provider’s stock worth $20,212,000 after acquiring an additional 8,142 shares during the last quarter. Finally, QRG Capital Management Inc. grew its position in 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 during the last quarter. Institutional investors own 83.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Citigroup lowered their price objective on Intuitive Surgical from $590.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, July 17th. Sanford C. Bernstein reissued an “outperform” rating on shares of Intuitive Surgical in a research note on Wednesday, August 12th. Stifel Nicolaus cut their target price on shares of Intuitive Surgical from $670.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, July 17th. HSBC cut shares of Intuitive Surgical from a “buy” rating to a “hold” rating and set a $391.00 target price on the stock. in a report on Thursday, July 30th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Intuitive Surgical in a research note on Wednesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $493.54.

Key Intuitive Surgical News

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

Insider Buying and Selling at Intuitive Surgical

In other Intuitive Surgical news, Director Craig Barratt sold 1,150 shares of the stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $443.80, for a total value of $510,370.00. Following the completion of the sale, the director owned 1,150 shares in the company, valued at approximately $510,370. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Patricia Wadors sold 1,078 shares of Intuitive Surgical stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $443.80, for a total value of $478,416.40. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,928 shares of company stock worth $21,917,367 over the last three months. 0.60% of the stock is owned by corporate insiders.

Intuitive Surgical Trading Down 3.4%

Intuitive Surgical stock opened at $452.80 on Friday. The firm has a 50-day moving average of $409.93 and a 200-day moving average of $431.89. The firm has a market cap of $156.96 billion, a P/E ratio of 54.75, a P/E/G ratio of 3.12 and a beta of 1.45. Intuitive Surgical, Inc. has a 1-year low of $328.57 and a 1-year high of $603.88.

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

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