Intuitive Surgical (ISRG) CEO Smith Sells 10K Shares

July 29, 2008 2:08 PM EDT

Intuitive Surgical, Inc. (Nasdaq: ISRG) Chairman/CEO, Lonnie M. Smith, exercised options on 10,000 shares at $11.74 and sold the 10,000 shares on 7/28 at $314.33. Smith maintains a holding of 402,300 shares after the sale.

Smith last sold shares in April- selling 10,000 shares at $285.02 per share.

ISRG surged $50, or 18%, on 7/23 following better-than-expected results.

Intuitive Surgical, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of da Vinci surgical systems for use in urologic, cardiothoracic, gynecologic, and general surgeries.


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Justin Strauss on Jul 30, 2008 11:00 AM

Earnings


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