Franklin Street Advisors Sells Entire Intuitive Surgical Stake for $23.2 Million

ISRG
October 10, 2025
Franklin Street Advisors sold its entire Intuitive Surgical position, disposing of 42,601 shares for $23.2 million, as disclosed in its latest SEC filing for the quarter ended September 30, 2025. The sale eliminated the firm’s 1.4 % ownership of Intuitive’s 13F holdings. The divestiture was executed at an average price of approximately $544 per share, reflecting the company’s valuation at the time of the transaction. The move follows a broader trend of institutional investors rebalancing portfolios amid concerns over tariff impacts on Intuitive’s gross margins. The sale marks a significant shift in institutional exposure to Intuitive Surgical, potentially signaling caution among large asset managers regarding the company’s near‑term profitability headwinds. The transaction also reduces the number of institutional shareholders holding a stake in the robotic‑surgery leader. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.