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Intuitive Surgical, Inc. $ISRG Shares Acquired by China Universal Asset Management Co. Ltd.
China Universal Asset Management Co. Ltd. significantly increased its stake in Intuitive Surgical (NASDAQ:ISRG) by 22.5% in the third quarter, now owning 11,463 shares valued at $5.13 million. This comes as Intuitive Surgical reported a strong quarterly beat with $2.53 EPS and revenue of $2.87 billion, an 18.8% year-over-year increase. Despite institutional buying, recent insider selling totaling $30.8 million occurred over the last 90 days.