Intuitive Surgical director sells $529,002 in shares

Intuitive Surgical Inc., a prominent player in the Healthcare Equipment & Supplies industry, recently reported significant share sales by its director, Craig H. Barratt. On November 4, 2026, Barratt sold 1,150 shares of the company's common stock, totaling $529,002, under a pre-arranged Rule 10b5-1 trading plan. The shares were sold at prices ranging from $460.00 to $460.005, with a weighted average sale price of $460.0026.

The stock currently trades at $463.95, with a market capitalization of $160.9 billion. Barratt's sale comes after he exercised non-qualified stock options to acquire 1,150 shares at an exercise price of $90.4944 per share, totaling $104,068. Despite the share sales, Barratt continues to indirectly hold 27,948 shares through a trust and retains 2,335 non-qualified stock options.

Intuitive Surgical's third-quarter revenue of $3.05 billion surpassed estimates, though GAAP earnings per share fell short, primarily due to a $450 million litigation settlement. Analysts have mixed views on the stock, with some maintaining positive ratings and price targets, while others express concerns over U.S. volume growth and procedure growth slowdown.

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