Insider Cluster (2 insiders) ·Filed Jun 12, 2026

ISRG

INTUITIVE SURGICAL INC
NEUTRAL
Impact 2/10
Horizondays Processed3mo ago
Insider cluster: 2 insiders, $179K total
Actionable Insight • Neutral

The selling is too small to be informative. Monitor for larger open-market sales by C-suite insiders (especially CEO/CFO) before considering any bearish read-through. No immediate action warranted.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
ISRG ▼ -15.20% at T+60d
NEUTRAL call ✗ call lost -15.20% · α vs SPY -16.20% · entry $416.55 → $353.24
Entry anchored
Jun 12, 03:59 PM ET
via exchange tick
T+1d
+0.06%
call +0.06% · α +0.64%
$416.82
settled 4mo ago
T+5d
-3.26%
call -3.26% · α -1.88%
$402.95
settled 3mo ago
T+20d
-2.26%
call -2.26% · α -1.51%
$407.12
settled 3mo ago
T+60d
-15.20%
call -15.20% · α -16.20%
$353.24
settled 23d ago

Price Chart

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Executive Summary

Two EVPs at Intuitive Surgical sold a combined ~$179K of stock over a week, while CEO Rosa exercised derivatives and surrendered shares for tax withholding. At $146.2B market cap, these sales are trivial — representing ~0.00012% of capitalization — and carry no informational signal for traders.

Key Financial Metrics

Direction
selling
Total Value
$179.0K
Insiders
2

Key Facts

  • Gary Loeb (EVP & Chief Legal) sold 400 shares for ~$170K on 2026-06-10.
  • Mark Brosius (EVP & Chief Mfg and Supply Chain) sold 117 shares total (~$48K) over 5 days ending 2026-06-12.
  • CEO David Rosa exercised 2,716 derivative shares (non-cash) and had 674 shares withheld for taxes (~$288K).
  • Total open-market sales of ~$218K represent ~0.00015% of $146.2B market cap.
  • No unusual cluster pattern — small dollar amounts, no C-suite CEO/CFO open-market selling.

Financial Impact

Total insider sales of ~$179K (cluster data) represent ~0.00012% of market cap — trivial and non-material.

insider selling

Risk Factors

  • No elevated risk from this filing — routine, non-material insider activity.

Market Snapshot

Exchange
Nasdaq
Sector
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Analyst Consensus
70% bullish (40 analysts)

Investment Themes

Healthcare & Medical DevicesRobotics & Automation

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ISRG-1781303395337
23 reports for ISRG
Performance horizon
57% Hit rate 4 of 7 directional calls best @ T+60▲ +15.66%Mar 3, 2026
Filters
Rows
Reports for ISRG — sortable, filterable
TypeNow
Sep 16, 2026
16d ago
Insider Cluster
NEUTRAL ★ 3/10
$382.29 $398.30▲ +4.19%▲ +1.62%$391.95 (+2.53%)
Aug 19, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$374.48 $367.07▼ −1.98%▼ −3.09%$391.95 (+4.67%)
Aug 13, 2026
7w ago
Court Ruling
BEARISH ★ 7/10
$401.27 $374.48▲ +6.68%▲ +4.71%$391.95 (+2.32%)
Aug 12, 2026
7w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$401.27 $397.72▼ −0.88%▼ −0.44%$391.95 (−2.32%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$401.27 $397.72▼ −0.88%▼ −0.44%$391.95 (−2.32%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$401.27 $397.72▼ −0.88%▼ −0.44%$391.95 (−2.32%)
Jul 30, 2026
9w ago
ANALYST-DOWNGRADE
MIXED ★ 2/10
$352.97 $373.71▲ +5.88%▲ +2.25%$391.95 (+11.04%)
Jul 16, 2026
11w ago
Press Release
BULLISH ★ 6/10
$345.42 $332.02▼ −3.88%▼ −3.19%$391.95 (+13.47%)
Jul 9, 2026
12w ago
ANALYST-UPGRADE
MIXED ★ 3/10
$411.55 $402.33▼ −2.24%▼ −2.11%$391.95 (−4.76%)
Jun 12, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$416.55 $402.95▼ −3.26%▼ −1.88%$391.95 (−5.91%)
Showing 10 of 23

US Market Status

Market Closed — Opens Mon (65h 1m)

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Report published Jun 12, 2026