Tempus AI Inc (NASDAQ: TEM) is 83.20% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TEM stock was last observed hovering at around $61.54 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $61.85, the stock is 34.52% and 34.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.61 million and changing 0.50% at the moment leaves the stock 32.74% off its SMA200. TEM registered a loss of 58.41% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $45.7939 and a 200-day simple moving average (SMA200) of $46.49934.
The stock witnessed a 80.58% gain in the last 1 month and extending the period to 3 months gives it a 38.61%, and is 21.23% up 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 12.06% over the week and 11.54% over the month.
Tempus AI Inc (TEM) has around 2300 employees, a market worth around $9.74B and $640.44M in sales. Profit margin for the company is -125.02%. Distance from 52-week low is 170.21% and -22.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-154.17%).
with sales reaching $200.46M 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 51.44M with Short Float at 22.29%.
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 Bartolucci Ryan M, the company’s Chief Accounting Officer. SEC filings show that Bartolucci Ryan M sold 13,770 shares of the company’s common stock on Jan 31 ’25 at a price of $60.00 per share for a total of $0.83 million. Following the sale, the insider now owns 57237.0 shares.
Tempus AI Inc disclosed in a document filed with the SEC on Jan 31 ’25 that LEFKOFSKY ERIC P (CEO and Chairman) sold a total of 82,056 shares of the company’s common stock. The trade occurred on Jan 31 ’25 and was made at $58.21 per share for $4.78 million. Following the transaction, the insider now directly holds 5.53 million shares of the TEM stock.
Still, SEC filings show that on Jan 29 ’25, LEFKOFSKY ERIC P (CEO and Chairman) disposed off 79,118 shares at an average price of $53.86 for $4.26 million. The insider now directly holds 5,692,669 shares of Tempus AI Inc (TEM).
