Kestra Advisory Services LLC lifted its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 11.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,902 shares of the medical equipment provider’s stock after purchasing an additional 2,703 shares during the period. Kestra Advisory Services LLC’s holdings in Intuitive Surgical were worth $10,939,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Claro Advisors Inc. grew its holdings in shares of Intuitive Surgical by 49.0% in the third quarter. Claro Advisors Inc. now owns 1,426 shares of the medical equipment provider’s stock valued at $580,000 after acquiring an additional 469 shares in the last quarter. QTR Family Wealth LLC bought a new stake in Intuitive Surgical during the third quarter worth $216,000. Platform Technology Partners lifted its holdings in Intuitive Surgical by 126.9% during the third quarter. Platform Technology Partners now owns 4,889 shares of the medical equipment provider’s stock worth $1,988,000 after acquiring an additional 2,734 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Intuitive Surgical by 0.7% during the third quarter. Commonwealth Equity Services LLC now owns 69,401 shares of the medical equipment provider’s stock worth $28,220,000 after acquiring an additional 490 shares during the period. Finally, Schmidt P J Investment Management Inc. boosted its position in Intuitive Surgical by 26.6% in the third quarter. Schmidt P J Investment Management Inc. now owns 1,406 shares of the medical equipment provider’s stock worth $572,000 after purchasing an additional 295 shares during the last quarter. 83.64% of the stock is currently owned by hedge funds and other institutional investors.
Intuitive Surgical Trading Up 1.7%
NASDAQ:ISRG opened at $460.56 on Tuesday. Intuitive Surgical, Inc. has a 12 month low of $328.57 and a 12 month high of $603.88. The firm’s 50 day moving average is $411.69 and its 200 day moving average is $431.58. The stock has a market capitalization of $159.65 billion, a PE ratio of 55.69, a price-to-earnings-growth ratio of 3.32 and a beta of 1.45.
Intuitive Surgical (NASDAQ:ISRG – Get Free Report) last announced its quarterly earnings data on Tuesday, October 20th. The medical equipment provider reported $3.00 earnings per share for the quarter, beating 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 business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.91 billion. During the same period in the prior year, the company earned $2.40 earnings per share. Intuitive Surgical’s revenue was up 21.7% compared to the same quarter last year. Research analysts predict that Intuitive Surgical, Inc. will post 9.37 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on ISRG shares. BMO Capital Markets restated an “outperform” rating on shares of Intuitive Surgical in a research note on Monday, July 20th. Erste Group Bank upgraded Intuitive Surgical from a “hold” rating to a “buy” rating in a research note on Wednesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Intuitive Surgical in a report on Friday, August 14th. Raymond James Financial restated an “outperform” rating and set a $480.00 price target on shares of Intuitive Surgical in a research report on Wednesday, October 21st. Finally, Piper Sandler restated an “overweight” rating on shares of Intuitive Surgical in a research report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $493.54.
View Our Latest Stock Analysis on ISRG
Insider Transactions at Intuitive Surgical
In other news, VP Fredrik Widman sold 4,047 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $453.21, for a total transaction of $1,834,140.87. Following the completion of the transaction, the vice president owned 1,026 shares in the company, valued at approximately $464,993.46. This represents a 79.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Brosius sold 61 shares of Intuitive Surgical stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $441.60, for a total value of $26,937.60. Following the completion of the sale, the executive vice president directly owned 581 shares of the company’s stock, valued at approximately $256,569.60. This trade represents a 9.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 39,056 shares of company stock valued at $17,585,864. 0.60% of the stock is currently owned by insiders.
More Intuitive Surgical News
Here are the key news stories impacting Intuitive Surgical this week:
- Positive Sentiment: Revenue grew 22%, and the company placed 546 da Vinci systems in the third quarter of 2026. The article notes that system placements support a larger installed base, while instruments and services generate much of Intuitive Surgical’s recurring revenue. Intuitive Surgical Placed 546 da Vinci Systems Last Quarter. Why Wall Street’s Sell-Off Misses the Point.
- Positive Sentiment: Robust procedure growth and adoption of the da Vinci 5 system have helped shares recover, according to a six-month review. ISRG Gains 7.8% in 6 Months: Will the Share Price Recovery Continue?
- Neutral Sentiment: Intuitive Surgical appeared on a published list of top healthcare stocks following the midterm elections. The inclusion reflects investor interest in the sector, but is not a company-specific business development. Why Intuitive Surgical (ISRG) Just Cracked the Top 10 Best Healthcare Stocks List
- Negative Sentiment: Growing competition, litigation costs and valuation concerns could weigh on the shares. One article also notes that ISRG remains down for the year despite strong revenue growth. Intuitive Surgical (ISRG) Just Grew Revenue 22%. Why Is the Stock Still Down This Year?
Intuitive Surgical Profile
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