Investors with a lot of money have taken a bearish stance on Intuitive Surgical (ISRG). Retail traders should be aware of this. The options scanner spotted 13 uncommon trades, with 7 puts and 6 calls, and the overall sentiment is split between 30% bullish and 53% bearish. The big players have been eyeing a price window from $380 to $550 during the past quarter. The volume and open interest data can help track liquidity and interest for ISRG's options.
Investors with significant capital have taken a bearish stance on Intuitive Surgical (ISRG). Retail traders should be aware of this shift in sentiment. The options scanner detected 13 uncommon trades for ISRG, with 7 puts and 6 calls, indicating a split in overall market sentiment, with 30% bullish and 53% bearish [1].
The big players have been eyeing a price window from $380 to $550 during the past quarter, as indicated by the volume and open interest data. This data can help track the liquidity and interest in ISRG's options [1].
The company's current market status shows ISRG trading at $511.16, down by -2.83% from the previous day. The Relative Strength Index (RSI) is currently neutral between overbought and oversold levels. The upcoming earnings release is scheduled for July 22, 2025, which will be closely watched by investors [2].
Analysts have provided varying opinions on ISRG. Evercore ISI Group maintains an In-Line rating with a target price of $550, while Deutsche Bank has downgraded the stock to Hold/Sell. Citigroup maintains a Buy rating [2].
Intuitive Surgical has seen insider selling and technical weakness, with insider sales totaling $2.6 million over the last quarter. The stock has dropped to its lowest point since late May, testing critical support levels. The RSI is currently at 61.8, nearing oversold territory, and the stock is trading below its 200-day moving average [3].
The medical sector, of which ISRG is a part, has been experiencing mixed sentiment. Stryker (SYK), a sector peer, has mirrored ISRG's decline, falling 1.7%. Despite sector-wide trends, ISRG's decline is more technical in nature, driven by insider activity and support levels [3].
In conclusion, ISRG faces a bearish sentiment from big-money investors, as evidenced by the unusual options activity. Retail traders should stay informed about the upcoming earnings release and the technical indicators that could influence the stock's price.
References:
[1] https://www.nasdaq.com/articles/intuitive-surgical-options-trading-deep-dive-market-sentiment
[2] https://www.nasdaq.com/articles/why-intuitive-surgical-inc-isrg-dipped-more-broader-market-today
[3] https://www.ainvest.com/news/intuitive-surgical-slides-key-support-driving-drop-2507/
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