Calamos Advisors LLC decreased its stake in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 21.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,535 shares of the medical equipment provider’s stock after selling 28,488 shares during the period. Calamos Advisors LLC’s holdings in Intuitive Surgical were worth $41,694,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of ISRG. North Point Portfolio Managers Corp OH bought a new stake in shares of Intuitive Surgical during the 3rd quarter worth approximately $27,000. John Boyer Inc. bought a new position in shares of Intuitive Surgical in the third quarter valued at $27,000. Compass Wealth Management LLC bought a new position in shares of Intuitive Surgical in the third quarter valued at $29,000. Main Street Group LTD acquired a new position in Intuitive Surgical during the first quarter worth $30,000. Finally, Compass Financial Management LLC acquired a new position in Intuitive Surgical during the second quarter worth $30,000. Institutional investors and hedge funds own 83.64% of the company’s stock.
Intuitive Surgical News Roundup
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
Several research analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Intuitive Surgical in a research note on Friday, August 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Intuitive Surgical in a research note on Wednesday, August 12th. Royal Bank Of Canada reduced their price target on Intuitive Surgical from $575.00 to $550.00 and set an “outperform” rating for the company in a report on Wednesday, October 21st. UBS Group reissued a “buy” rating on shares of Intuitive Surgical in a research report on Tuesday, October 13th. Finally, JPMorgan Chase & Co. upped their price objective on Intuitive Surgical from $450.00 to $475.00 and gave the company an “overweight” rating in a research note on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $493.54.
Intuitive Surgical Trading Down 3.4%
Shares of NASDAQ:ISRG traded down $15.72 on Friday, reaching $452.80. 2,150,343 shares of the company’s stock were exchanged, compared to its average volume of 2,506,658. Intuitive Surgical, Inc. has a twelve month low of $328.57 and a twelve month high of $603.88. The company has a fifty day moving average of $409.93 and a 200-day moving average of $431.89. The company 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 (NASDAQ:ISRG – Get Free Report) last released 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. The company 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%. Intuitive Surgical’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.40 EPS. As a group, equities research analysts forecast that Intuitive Surgical, Inc. will post 9.37 EPS for the current fiscal year.
Insider Activity
In other news, Director Gary Guthart sold 20,095 shares of the company’s stock in a transaction on 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 sale, the director directly owned 1,204,530 shares of the company’s stock, valued at approximately $543,977,793.30. This represents a 1.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Craig 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 value of $510,370.00. Following the sale, the director directly owned 1,150 shares of the company’s stock, valued at $510,370. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 49,928 shares of company stock worth $21,917,367. 0.60% of the stock is owned by corporate insiders.
Intuitive Surgical Company Profile
Featured Stories
- Five stocks we like better than Intuitive Surgical
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Want to see what other hedge funds are holding ISRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report).
Receive News & Ratings for Intuitive Surgical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical and related companies with MarketBeat.com's FREE daily email newsletter.
