Insider Sale: Director Amy Ladd Sells Shares of Intuitive Surgical Inc (ISRG)

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On September 13, 2024, Director Amy Ladd sold 450 shares of Intuitive Surgical Inc (ISRG, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 821 shares of the company. The shares were sold at a price of $490.28 each.

Intuitive Surgical Inc specializes in the development, manufacturing, and marketing of robotic products designed to improve clinical outcomes of patients through minimally invasive surgery. The company's da Vinci Surgical Systems enable surgeons to perform surgery with enhanced precision, flexibility, and control.

Over the past year, the insider transaction history at Intuitive Surgical Inc shows a total of 47 insider sells and no insider buys. The insider, Amy Ladd, has sold a total of 450 shares and purchased 0 shares over the same period.

As of the latest transaction, Intuitive Surgical Inc's shares have a market cap of approximately $174.99 billion. The price-earnings ratio stands at 84.61, significantly above both the industry median of 26.08 and the company's historical median.

The stock's current price of $490.28 compares to a GF Value of $378.95, resulting in a price-to-GF-Value ratio of 1.29, indicating that the stock is modestly overvalued.

The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

This sale follows a trend of insider selling at Intuitive Surgical Inc, with no insider purchases reported over the past year, highlighting a potential area of interest for investors monitoring insider behaviors.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.