Entropy Technologies LP Takes $8.77 Million Position in Intuitive Surgical, Inc. $ISRG

Key Points

• Entropy Technologies LP opened a new stake in Intuitive Surgical by buying 19,606 shares worth about $8.77 million, equal to 0.7% of its holdings and the firm's 23rd largest position.
• Bullish developments include FDA clearance of the da Vinci system for cardiac surgery (expanding the addressable procedures from ~17k to ~160k), a Q4 beat with ~19% revenue growth and EPS outperformance, and multiple analyst upgrades with a consensus rating of "Moderate Buy" (average target ≈ $616).
• Near‑term risks: management guided to a deceleration in da Vinci procedure growth for 2026, insiders have sold significant stock (33,407 shares, ≈$17.5M in the last 90 days), and the shares trade at an elevated P/E (~60.7), creating valuation pressure.

Entropy Technologies LP acquired a new position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 19,606 shares of the medical equipment provider's stock, valued at approximately $8,768,000. Intuitive Surgical accounts for 0.7% of Entropy Technologies LP's holdings, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. SteelPeak Wealth LLC grew its position in shares of Intuitive Surgical by 28.7% during the 3rd quarter. SteelPeak Wealth LLC now owns 41,993 shares of the medical equipment provider's stock worth $18,781,000 after purchasing an additional 9,364 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Intuitive Surgical by 19.3% in the third quarter. Atlantic Union Bankshares Corp now owns 22,759 shares of the medical equipment provider's stock valued at $10,179,000 after buying an additional 3,676 shares in the last quarter. World Investment Advisors raised its position in shares of Intuitive Surgical by 238.3% in the third quarter. World Investment Advisors now owns 5,399 shares of the medical equipment provider's stock valued at $2,415,000 after buying an additional 3,803 shares in the last quarter. E. Ohman J or Asset Management AB boosted its stake in shares of Intuitive Surgical by 4.1% in the third quarter. E. Ohman J or Asset Management AB now owns 28,306 shares of the medical equipment provider's stock valued at $12,659,000 after buying an additional 1,123 shares during the period. Finally, Valley Wealth Managers Inc. boosted its stake in shares of Intuitive Surgical by 52.7% in the third quarter. Valley Wealth Managers Inc. now owns 4,084 shares of the medical equipment provider's stock valued at $1,826,000 after buying an additional 1,409 shares during the period. Institutional investors and hedge funds own 83.64% of the company's stock.

Intuitive Surgical News Summary

Here are the key news stories impacting Intuitive Surgical this week:

• Positive Sentiment: Citi upgraded ISRG to Buy with a $590 target, which boosts near‑term sentiment and signals analyst confidence in upside. Citigroup upgrades Intuitive Surgical (ISRG)
• Positive Sentiment: The da Vinci system won FDA clearance for cardiac surgery, opening a much larger TAM (from ~17k to ~160k potential procedures in cleared markets) — a material long‑term growth catalyst if adoption follows. ISRG's da Vinci Gains FDA Nod for Cardiac Surgery
• Positive Sentiment: Q4 results beat expectations (19% revenue growth, EPS beat) and management highlighted recurring revenue strength — these prints underpin the bullish analyst commentary and recent outperformance days. Intuitive Surgical Inc. stock outperforms competitors
• Neutral Sentiment: Long‑form bulls argue “massive growth ahead” from da Vinci 5, Ion and SP platforms — supportive for the multi‑year case but not a near‑term catalyst. Intuitive Surgical: The Robotic Surgery Leader Still Has Massive Growth Ahead
• Neutral Sentiment: Several valuation pieces note ISRG trades well above historical P/E levels, creating a tension between growth expectations and an elevated multiple — keeps the stock range‑bound absent fresh catalysts. Assessing Intuitive Surgical (ISRG) Valuation
• Negative Sentiment: Management guided for a deceleration in worldwide da Vinci procedure growth in 2026 — a notable near‑term headwind to growth expectations. Intuitive Surgical Stock: Buy, Sell, or Hold?
• Negative Sentiment: Insider selling (multiple senior exec trades in March) is visible and may be fueling profit‑taking and downside pressure despite strong public messaging. SEC filing: Insider Sale Disclosures
• Negative Sentiment: Stock has recently fallen more than the market on low‑volume sessions, indicating short‑term technical weakness and profit‑taking after the post‑earnings run. Intuitive Surgical Suffers a Larger Drop Than the General Market

Wall Street Analysts Forecast Growth

A number of research firms have commented on ISRG. Piper Sandler restated an "overweight" rating and set a $620.00 price objective (up from $610.00) on shares of Intuitive Surgical in a research note on Friday, January 23rd. Robert W. Baird reduced their target price on Intuitive Surgical from $655.00 to $645.00 and set an "outperform" rating on the stock in a report on Friday, January 23rd. Wells Fargo & Company raised their price target on Intuitive Surgical from $600.00 to $654.00 and gave the stock an "overweight" rating in a research report on Friday, December 12th. Zacks Research raised Intuitive Surgical from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $714.00 price objective on shares of Intuitive Surgical in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Intuitive Surgical has an average rating of "Moderate Buy" and a consensus price target of $615.86.

Intuitive Surgical Stock Performance

Shares of ISRG opened at $479.27 on Friday. Intuitive Surgical, Inc. has a 52-week low of $425.00 and a 52-week high of $603.88. The firm has a market cap of $170.20 billion, a price-to-earnings ratio of 60.74, a PEG ratio of 3.80 and a beta of 1.66. The business's fifty day moving average is $515.05 and its 200-day moving average is $512.37.

Intuitive Surgical (NASDAQ:ISRG - Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The medical equipment provider reported $2.53 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.26. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.72 billion. Intuitive Surgical had a return on equity of 15.06% and a net margin of 28.38%.Intuitive Surgical's revenue for the quarter was up 18.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.21 EPS. As a group, research analysts forecast that Intuitive Surgical, Inc. will post 6.43 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Mark Brosius sold 2,362 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $498.68, for a total value of $1,177,882.16. Following the completion of the transaction, the senior vice president owned 3,554 shares of the company's stock, valued at approximately $1,772,308.72. This represents a 39.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary S. Guthart sold 24,500 shares of the firm's stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $530.10, for a total transaction of $12,987,450.00. Following the completion of the sale, the director owned 3,694 shares in the company, valued at approximately $1,958,189.40. The trade was a 86.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,407 shares of company stock worth $17,534,067 in the last ninety days. Insiders own 0.70% of the company's stock.

About Intuitive Surgical

Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon's hand movements into finer, scaled motions of small instruments inside the patient. Intuitive's business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.

In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.

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