EW

Edwards Lifesciences Corporation
NYSEUSDEQUITY Healthcare DELAYED
Last price
86.48
▼ 0.75 (0.86%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
87.55
Prev close
87.23
Day high
87.88
Day low
85.94
Volume
3.38M
Market cap
$49.85B
P/E (TTM)
51.48
52W range
72.30 – 96.29

Day trading desk

Current session · delayed
Gap from prior close
+0.37%
Prior close 87.23
VWAP
86.79
-0.36% from price
Relative volume
1.98×
Unusually busy
Session range
3.40%
85.94 – 88.86
Position in range
18%
Near session low
ATR (14D)
1.90
2.19% of price
Prior day high
87.57
PDH
Prior day low
85.34
PDL
Bid / ask spread
—
Quote not published
Session volume
7.59M
Avg 3.83M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-1.82% -3.8%
1M
-3.80% -5.0%
3M
-7.65% -12.2%
6M
+6.98% -11.2%
YTD
+1.44% -12.8%
1Y
+12.21% -4.2%
3Y
+24.83% -57.4%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on EW open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+274.09K
Net buying
Buy transactions
34
421.79K shares
Sell transactions
21
147.70K shares
Net transactions
+55
Buys less sells
Sell : buy shares
0.4 : 1
Mixed
Insider-held shares
1.12M
Total on file
Bought 421.79KSold 147.70K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 11, 26
LIPPIS DANIEL J
Officer
SELL 619 $54.17K Direct
Sep 11, 26
LIPPIS DANIEL J
Officer
CONVERSION 619 $44.99K Direct
Aug 31, 26
DAHL ANDREW M
Officer
SELL 544 $49.53K Direct
Aug 28, 26
BRULS ANNETTE
Officer
SELL 2.64K $237.91K Direct
Aug 26, 26
CHOPRA DAVEEN
Officer
SELL 31.80K $2.89M Direct
Aug 26, 26
CHOPRA DAVEEN
Officer
CONVERSION 31.80K $2.31M Direct
Aug 26, 26
MARKOWITZ WAYNE
Officer
SELL 1.24K $113.42K Direct
Aug 11, 26
LIPPIS DANIEL J
Officer
SELL 619 $56.97K Direct
Aug 11, 26
LIPPIS DANIEL J
Officer
CONVERSION 619 $44.99K Direct
Jul 30, 26
MARKOWITZ WAYNE
Officer
SELL 146 $12.59K Direct
Jul 28, 26
MARKOWITZ WAYNE
Officer
SELL 9.63K $818.96K Direct
Jul 28, 26
MARKOWITZ WAYNE
Officer
CONVERSION 9.63K $712.66K Direct
Jul 27, 26
ZOVIGHIAN BERNARD J
Chief Executive Officer
STOCK 319 $0 Direct
Jul 27, 26
ZOVIGHIAN BERNARD J
Chief Executive Officer
SELL 2.92K $245.13K Indirect
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BOBO DONALD E JR
Officer — Sale
CHOPRA DAVEEN
Officer 44.32K Sale
GALLAHUE KIERAN T.
Director 83.97K Stock Award(Grant)
LIPPIS DANIEL J
Officer 40.03K Sale
LORANGER STEVEN R
Director 84.37K Stock Award(Grant)
MISTRAS THEODORA
Chief Financial Officer 99.92K Stock Award(Grant)
ULLEM SCOTT B
Chief Financial Officer 313.06K Conversion of Exercise of derivative security
VALERIANI NICHOLAS J
Director 84.42K Stock Award(Grant)
WOOD LARRY L
Officer 207.05K Sale
ZOVIGHIAN BERNARD J
Chief Executive Officer 111.49K Stock Gift

Fundamentals

TTM · reported
Market cap$49.85B
Enterprise value$46.41B
Revenue (TTM)$6.51B
Gross profit$5.07B
EBITDA$2.00B
Net income$979.90M
EPS (TTM)$1.68
Free cash flow$1.23B
Total cash$4.25B
Total debt$704.40M
Book value / share$18.42
Shares outstanding576.40M
Float574.49M
Short % of float1.79%
Dividend yield0.00%
Beta (5Y)0.86

Valuation & profitability ratios

Account required
Trailing P/E51.48
Forward P/E25.60
PEG ratio1.86
Price / sales—
Price / book4.70
EV / revenue7.13
EV / EBITDA23.24
Gross margin77.84%
Operating margin29.84%
Profit margin15.43%
Return on equity9.18%
Return on assets8.37%
Debt / equity6.57
Current ratio4.52
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $6.07B$5.44B$5.01B$4.46B +11.5%
Operating revenue $6.07B$5.44B$5.01B$4.46B +11.5%
Cost of revenue $1.33B$1.12B$978.40M$723.70M +19.4%
Gross profit $4.73B$4.32B$4.03B$3.74B +9.5%
Research & development $1.08B$1.05B$962.90M$843.60M +2.5%
Selling, general & admin $2.09B$1.79B$1.58B$1.36B +16.5%
Total operating expense $3.10B$2.84B$2.55B$2.20B +9.0%
Operating income $1.64B$1.48B$1.49B$1.54B +10.5%
Net interest income $148.40M$100.50M$49.60M$16.30M +47.7%
Pre-tax income $1.27B$1.55B$1.37B$1.52B -17.8%
Tax provision $216.90M$152.10M$152.40M$195.50M +42.6%
Net income $1.07B$4.17B$1.40B$1.52B -74.3%
Net income to common $1.07B$4.17B$1.40B$1.52B -74.3%
Basic EPS 1.846.982.312.46 -73.6%
Diluted EPS 1.836.972.302.44 -73.7%
EBIT $1.29B$1.57B$1.39B$1.54B -17.5%
EBITDA $1.45B$1.72B$1.53B$1.68B -15.9%
Basic shares 584.80M597.70M606.70M619.00M -2.2%
Diluted shares 585.80M599.30M609.40M624.20M -2.3%

Options analytics

Account required
Put / call volume
0.06
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
75.00
-13.3% from spot
ATM implied vol
1.6%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
313
Contracts, this expiry
Put volume
18
Contracts, this expiry
Heaviest call OI
75.00
0 contracts
Heaviest put OI
75.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.740.78 +5.1%
Mar 2026 0.730.78 +7.3%
Dec 2025 0.620.58 -6.3%
Sep 2025 0.590.67 +12.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.74 23 $1.68B +8.0%
Next quarter 0.71 23 $1.70B +8.3%
Current year 3.00 27 $6.76B +11.5%
Next year 3.38 27 $7.43B +9.9%

Analyst targets & ownership

Account required
Mean target$101.64
High target$110.00
Low target$84.00
Implied upside17.53%
Analyst count25
ConsensusBUY
Strong buy / Buy4 / 18
Hold6
Sell / Strong sell0 / 0
Held by insiders0.19%
Held by institutions95.61%
Institutions holding1.92K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
86.41
+0.08% from price
SMA 20
86.78
-0.35% from price
SMA 50
88.64
-2.44% from price
SMA 100
87.96
-1.69% from price
SMA 200
85.15
+1.57% from price
EMA 12
86.70
-0.25% from price
EMA 26
87.38
-1.03% from price
EMA 50
87.80
-1.51% from price
RSI (14)
46.4
Neutral
MACD (12,26,9)
-0.68
Hist -0.01
ATR (14)
1.90
2.19% of price
Realised vol 30D
23.5%
Annualised
Bollinger upper
89.41
20, 2σ
Bollinger lower
84.15
20, 2σ
50 / 200 cross
Golden
88.64 vs 85.15
Trend bias
Above 200
+1.57%

Options chain

Account required
Expiry
Spot 86.48
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.56
Less volatile than market
Correlation to SPY
0.29
Largely independent
Realised vol 30D
23.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.2%
Peak to trough
Max drawdown 5Y
-54.3%
Peak to trough
ATR 14
1.90
2.19% of price
Beta (reported)
0.86
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
9.09M
Prior 10.24M
Change vs prior
-11.3%
Shorts covering
% of float
1.79%
Normal
% of shares out
1.58%
Against total outstanding
Days to cover
3.2
Liquid
Float
574.49M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

505 on file
DateFirm ActionFromTo
Sep 11, 26 BTIG MAINTAINED Buy Buy
Jul 25, 26 Leerink Partners UPGRADE Market Perform Outperform
Jul 24, 26 JP Morgan MAINTAINED Overweight Overweight
Jul 24, 26 Piper Sandler MAINTAINED Overweight Overweight
Jul 16, 26 Truist Securities MAINTAINED Hold Hold
Jul 15, 26 Mizuho MAINTAINED Outperform Outperform
Jul 13, 26 RBC Capital MAINTAINED Outperform Outperform
Jul 8, 26 Citigroup MAINTAINED Buy Buy
Jul 6, 26 Evercore ISI Group MAINTAINED Outperform Outperform
Jun 30, 26 BTIG MAINTAINED Buy Buy
Jun 16, 26 RBC Capital MAINTAINED Outperform Outperform
Jun 2, 26 TD Cowen MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split3:1
Split dateJun 1, 2020

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.