Miller Brian Edward, an insider at Intuitive Surgical Inc (ISRG), recently acquired 7,056 shares of the company's stock at a price of $229.39 per share, totaling $1.62 million. Following this transaction, Edward now holds 7,056 shares of Intuitive Surgical.
This move underscores the potential confidence insiders have in their company's future. Executives and directors often possess valuable insights into their firm's operations, and their personal investments can signal optimism about upcoming performance.
However, it's important to note that insider trades should not be viewed in isolation. Various personal or regulatory factors may influence such buying or selling decisions. Thus, investors are encouraged to consider broader patterns of insider activity over time and across different executives.
Intuitive Surgical, headquartered in Sunnyvale, California, specializes in robotic-assisted surgical solutions and invasive care. The company, which went public on June 13, 2000, currently has a market cap of $202.9 billion and employs 15,638 full-time staff. With a P/E ratio of 73.88 and an EPS of 7.56, the firm continues to innovate in the health care sector, particularly through its da Vinci surgical systems and Ion endoluminal system.
Looking ahead, Intuitive Surgical is set to report its next earnings on July 19, 2026, with an estimated EPS of $2.40 and revenue of $2.8 billion, following an earlier report on April 19, 2026, where an EPS of $2.15 and revenue of $2.7 billion are expected.