Tempus AI Inc’s recent filing unveils that its 10% Owner KEYWELL BRADLEY A unloaded Company’s shares for reported $17.78 million on Jan 16 ’25. In the deal valued at $34.84 per share,510,364 shares were sold. As a result of this transaction, KEYWELL BRADLEY A now holds 15,483,365 shares worth roughly $737.63 million.
Then, KEYWELL BRADLEY A sold 265,000 shares, generating $9,302,159 in total proceeds. Upon selling the shares at $35.10, the 10% Owner now owns 15,218,365 shares.
Before that, KEYWELL BRADLEY A sold 170,720 shares. Tempus AI Inc shares valued at $6,052,768 were divested by the 10% Owner at a price of $35.45 per share. As a result of the transaction, KEYWELL BRADLEY A now holds 15,993,729 shares, worth roughly $761.94 million.
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 Tuesday, Tempus AI Inc [NASDAQ:TEM] saw its stock jump 35.53% to $47.64. Over the last five days, the stock has gained 47.31%. Tempus AI Inc shares have risen nearly 41.11% since the year began.
Levels Of Support And Resistance For TEM Stock
The 24-hour chart illustrates a support level at 42.98, which if violated will result in even more drops to 38.33. On the upside, there is a resistance level at 51.06. A further resistance level may holdings at 54.49. The Relative Strength Index (RSI) on the 14-day chart is 62.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.86%. Stochastics %K at 53.35% 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 2024-12-31, growing by 3.62 million shares to a total of 8.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.11 million shares. There was a rise of 41.48%, 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.
