Tempus AI Inc’s recent filing unveils that its Chief Accounting Officer Bartolucci Ryan M unloaded Company’s shares for reported $0.83 million on Jan 31 ’25. In the deal valued at $60.00 per share,13,770 shares were sold. As a result of this transaction, Bartolucci Ryan M now holds 57,237 shares worth roughly $3.28 million.
Then, LEFKOFSKY ERIC P sold 82,056 shares, generating $4,776,799 in total proceeds. Upon selling the shares at $58.21, the CEO and Chairman now owns 5,532,987 shares.
Before that, LEFKOFSKY ERIC P sold 79,118 shares. Tempus AI Inc shares valued at $4,261,125 were divested by the CEO and Chairman at a price of $53.86 per share. As a result of the transaction, LEFKOFSKY ERIC P now holds 5,692,669 shares, worth roughly $326.7 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 Friday, Tempus AI Inc [NASDAQ:TEM] saw its stock jump 0.35% to $57.39. Over the last five days, the stock has gained 11.65%. Tempus AI Inc shares have risen nearly 69.99% since the year began.
Levels Of Support And Resistance For TEM Stock
The 24-hour chart illustrates a support level at 55.10, which if violated will result in even more drops to 52.80. On the upside, there is a resistance level at 60.92. A further resistance level may holdings at 64.44. The Relative Strength Index (RSI) on the 14-day chart is 68.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.46%. Stochastics %K at 85.59% indicates the stock is a selling.
How much short interest is there in Tempus AI Inc?
A steep rise in short interest was recorded in Tempus AI Inc stocks on 2025-01-15, growing by 5.32 million shares to a total of 11.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 6.14 million shares. There was a rise of 46.44%, 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.
