Tempus AI Inc’s filing revealed that its Chief Operating Officer Fukushima Ryan unloaded Company’s shares for reported $0.79 million on Jan 07 ’25. In the deal valued at $39.61 per share,20,000 shares were sold. As a result of this transaction, Fukushima Ryan now holds 982,442 shares worth roughly $36.86 million.
Then, Fukushima Ryan sold 1,265 shares, generating $43,845 in total proceeds. Upon selling the shares at $34.66, the Chief Operating Officer now owns 1,002,442 shares.
Before that, Fukushima Ryan bought 1,265 shares. Tempus AI Inc shares valued at $42,706 were divested by the Officer at a price of $33.76 per share.
Wolfe Research initiated its Tempus AI Inc [TEM] rating to an Outperform in a research note published on December 13, 2024; the price target was $60. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Stifel also remained covering TEM and has decreased its forecast on November 11, 2024 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on October 02, 2024. It rated TEM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TEM
On Friday, Tempus AI Inc [NASDAQ:TEM] saw its stock jump 0.08% to $37.52. Over the last five days, the stock has gained 9.55%. Tempus AI Inc shares have risen nearly 11.14% since the year began.
Levels Of Support And Resistance For TEM Stock
The 24-hour chart illustrates a support level at 35.56, which if violated will result in even more drops to 33.61. On the upside, there is a resistance level at 38.73. A further resistance level may holdings at 39.95. The Relative Strength Index (RSI) on the 14-day chart is 42.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 46.10%. Stochastics %K at 53.68% indicates the stock is a holding.
How much short interest is there in Tempus AI Inc?
A steep rise in short interest was recorded in Tempus AI Inc stocks on 2024-12-13, growing by 1.96 million shares to a total of 6.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.18 million shares. There was a rise of 31.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 12, 2024 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $40 price target.
