Intuitive Surgical Stock Plummets Amid Insider Sales Despite Strong Revenue Growth

Generated by AI AgentAinvest Movers Radar
Monday, Mar 10, 2025 7:04 pm ET1min read
ISRG--

Intuitive Surgical (ISRG) has recently experienced notable fluctuations in its stock price, with a decrease of 6.88% on March 10, reaching its lowest point since October 2024 during the trading session. This decline follows another reduction of 5.07% on March 7, closing at $539.23 per share during the day.

Financial results for Intuitive SurgicalISRG-- as of December 31, 2024, reveal a total revenue of $83.52 billion, showing a significant growth of 17.24% year-on-year. Additionally, the company reported a net income attributable to shareholders of $23.23 billion, marking an increase of 29.18% compared to the previous year.

Looking ahead, Intuitive Surgical is set to disclose its fiscal year 2025 first-quarter earnings on April 17, which could potentially influence investor sentiment further. Known as a global leader in robotic-assisted minimally invasive surgery, the company continues to expand the benefits of these procedures to a broader patient base.

Intuitive Surgical, headquartered in Sunnyvale, California, specializes in developing, manufacturing, and selling robotic technology to enhance clinical outcomes, facilitating quicker recovery for patients. The company aims to merge the advantages of minimally invasive surgery with the precision and ease of open surgery using its Da Vinci surgical system.

Recently, Intuitive Surgical witnessed six insider transactions, notably on March 3, 2025. Several executives, including Gary S. Guthart, sold substantial shares stemming from their holdings. The sales, executed at a transaction price of $563.77 per share, are highlighted by Guthart's disposal of 7,456 shares.

Founded on November 9, 1995, Intuitive Surgical is recognized for its advanced surgical systems, namely the Da Vinci system. These systems integrate surgical consoles, patient-side carts, and sophisticated visual systems. The Da Vinci system allows surgeons to perform intuitive control and precise maneuvers through small incisions, offering an enhanced 3D, high-definition visual experience.

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