The level of selling is modest relative to Intuitive Surgical's $178.8B market cap (0.0007% of market cap), and the transactions appear to be routine portfolio management rather than a signal of distress. Traders should monitor for follow-up filings or commentary around earnings, but no immediate action is warranted.
Price Chart
Executive Summary
A cluster of insider transactions at Intuitive Surgical over the past seven days consists primarily of non-cash derivative exercises and two open-market sales totaling approximately $1.28 million. The only material cash transactions were a sale of $110K by SVP Wadors and a $1.17M sale by EVP Curet, both at market price.
Key Financial Metrics
Key Facts
- 7 out of 14 transactions were open-market sales or derivative exercises by executives.
- Total open-market sales: 2,565 shares sold for $1.28 million (Curet: $1.17M, Wadors: $110K).
- All derivative exercises (12 total) were non-cash events with $0 transaction value.
- CEO Rosa David J. exercised 1,503 shares via non-cash derivative transaction.
- No open-market purchases observed; all buying activity was through non-cash exercises.
Financial Impact
$1.28 million in open-market sales over 7 days
Risk Factors
- Concentration of selling by one executive (Curet) could indicate personal diversification, not company-specific concern.
- Non-cash derivative exercises are administrative and do not reflect market sentiment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (14 trades, 7d window) | cluster-ISRG-1772494858745 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 7, 2026 11d ago | ANALYST-UPGRADE | $414.52 $422.06 | ▲ +1.82% | ▲ +1.72% | $426.70 (+2.94%) |
Sep 16, 2026 4w ago | Insider Cluster | $382.29 $398.30 | ▲ +4.19% | ▲ +1.62% | $426.70 (+11.62%) |
Aug 19, 2026 8w ago | Insider Cluster | $374.48 $367.07 | ▼ −1.98% | ▼ −3.09% | $426.70 (+13.94%) |
Aug 13, 2026 9w ago | Court Ruling | $401.27 $374.48 | ▲ +6.68% | ▲ +4.71% | $426.70 (−6.34%) |
Aug 12, 2026 9w ago | ANALYST-UPGRADE | $401.27 $397.72 | ▼ −0.88% | ▼ −0.44% | $426.70 (+6.34%) |
Aug 12, 2026 9w ago | Insider Cluster | $401.27 $397.72 | ▼ −0.88% | ▼ −0.44% | $426.70 (+6.34%) |
Aug 11, 2026 9w ago | Insider Cluster | $401.27 $397.72 | ▼ −0.88% | ▼ −0.44% | $426.70 (+6.34%) |
Jul 30, 2026 11w ago | ANALYST-DOWNGRADE | $352.97 $373.71 | ▲ +5.88% | ▲ +2.25% | $426.70 (+20.89%) |
Jul 16, 2026 13w ago | Press Release | $345.42 $332.02 | ▼ −3.88% | ▼ −3.19% | $426.70 (+23.53%) |
Jul 9, 2026 14w ago | ANALYST-UPGRADE | $411.55 $402.33 | ▼ −2.24% | ▼ −2.11% | $426.70 (+3.68%) |
US Market Status
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