Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tempus AI Inc shares valued at $19,725 were sold by Epstein David R on Feb 03 ’25. At $53.31 per share, Epstein David R sold 370 shares. The insider’s holdings dropped to 27,524 shares worth approximately $1.9 million following the completion of this transaction.
Also, Bartolucci Ryan M sold 13,770 shares, netting a total of over 826,200 in proceeds. Following the sale of shares at $60.00 each, the insider now holds 57,237 shares.
Before that, LEFKOFSKY ERIC P had sold 82,056 shares from its account. In a trade valued at $4,776,799, the CEO and Chairman traded Tempus AI Inc shares for $58.21 each. Upon closing the transaction, the insider’s holdings decreased to 82,056 shares, worth approximately $382.77 million.
Analysts at Wolfe Research started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid December. As of December 09, 2024, Guggenheim has initiated its “Buy” rating for TEM. Earlier on November 11, 2024, Stifel downgraded its rating. Their new recommendation was “a Hold” for TEM stock which previously was a “a Buy”.
Analyzing TEM Stock Performance
During the last five days, there has been a surge of approximately 36.26%. Over the course of the year, Tempus AI Inc shares have jumped approximately 104.92%. Nevertheless, trading volume fell to 22.51 million shares from 15.71 million shares the previous day.
Support And Resistance Levels for Tempus AI Inc (TEM)
According to the 24-hour chart, there is a support level at 64.70, which, if violated, would cause prices to drop to 60.23. In the upper region, resistance lies at 72.47. The next price resistance is at 75.77. RSI (Relative Strength Index) is 77.54 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.69, which suggests the price will increase in the coming days. Percent R is at 5.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
