Tempus AI Inc (NASDAQ: TEM) is -5.72% lower on its value in year-to-date trading and has touched a low of $22.89 and a high of $79.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TEM stock was last observed hovering at around $32.34 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $31.83, the stock is -11.80% and -33.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.01 million and changing -1.58% at the moment leaves the stock -31.20% off its SMA200. TEM registered a gain of -13.03% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $48.2699 and a 200-day simple moving average (SMA200) of $46.363068.
The stock witnessed a -26.30% loss in the last 1 month and extending the period to 3 months gives it a -34.80%, and is -21.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.05% over the week and 9.05% over the month.
Tempus AI Inc (TEM) has around 2300 employees, a market worth around $5.01B and $640.44M in sales. Profit margin for the company is -125.02%. Distance from 52-week low is 39.06% and -59.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-154.17%).
with sales reaching $200.5M over the same period., but quarterly earnings will post 30.34% year-over-year.
Tempus AI Inc (TEM) Top Institutional Holders
The shares outstanding are 150.28M, and float is at 49.10M with Short Float at 17.77%.
The top institutional shareholder in the company is SOFTBANK GROUP CORP. with over 5.41 million shares valued at $189.19 million. The investor’s holdings represent 3.5061% of the TEM Shares outstanding. As of 2024-06-30, the second largest holder is NEA MANAGEMENT COMPANY, LLC with 4.57 million shares valued at $160.05 million to account for 2.966 of the shares outstanding. The other top investors are NOVO HOLDINGS A/S which holds 4.07 million shares representing 2.6428% and valued at over $142.6 million, while REVOLUTION GROWTH MANAGEMENT COMPANY, INC. holds 2.3746 of the shares totaling 3.66 million with a market value of $128.13 million.
Tempus AI Inc (TEM) Insider Activity
The most recent transaction is an insider sale by Fukushima Ryan, the company’s Chief Operating Officer. SEC filings show that Fukushima Ryan sold 20,000 shares of the company’s common stock on Jan 07 ’25 at a price of $39.61 per share for a total of $0.79 million. Following the sale, the insider now owns 0.98 million shares.
Tempus AI Inc disclosed in a document filed with the SEC on Jan 02 ’25 that Fukushima Ryan (Chief Operating Officer) sold a total of 1,265 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $34.66 per share for $43845.0. Following the transaction, the insider now directly holds 1.0 million shares of the TEM stock.
Still, SEC filings show that on Jan 02 ’25, Fukushima Ryan (Officer) Proposed Sale 1,265 shares at an average price of $33.76 for $42706.0. The insider now directly holds shares of Tempus AI Inc (TEM).
