743 Shares in Tempus AI, Inc. $TEM Acquired by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV acquired a new position in Tempus AI, Inc. (NASDAQ:TEM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 743 shares of the company’s stock, valued at approximately $47,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. ARK Investment Management LLC grew its holdings in Tempus AI by 35.9% during the first quarter. ARK Investment Management LLC now owns 7,501,399 shares of the company’s stock valued at $361,867,000 after purchasing an additional 1,981,755 shares during the period. Vanguard Group Inc. raised its position in shares of Tempus AI by 6,247.5% in the first quarter. Vanguard Group Inc. now owns 5,995,117 shares of the company’s stock worth $289,204,000 after buying an additional 5,900,668 shares in the last quarter. Nikko Asset Management Americas Inc. raised its position in shares of Tempus AI by 31.5% in the first quarter. Nikko Asset Management Americas Inc. now owns 4,260,553 shares of the company’s stock worth $205,401,000 after buying an additional 1,021,460 shares in the last quarter. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in shares of Tempus AI in the first quarter worth $34,119,000. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Tempus AI by 92.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 578,890 shares of the company’s stock worth $27,926,000 after buying an additional 278,311 shares in the last quarter. 24.22% of the stock is owned by hedge funds and other institutional investors.

Tempus AI Price Performance

Shares of NASDAQ TEM opened at $88.71 on Tuesday. Tempus AI, Inc. has a twelve month low of $31.36 and a twelve month high of $104.32. The firm has a market cap of $15.41 billion, a P/E ratio of -74.55 and a beta of 4.86. The company has a 50 day moving average of $85.68 and a 200 day moving average of $70.21. The company has a quick ratio of 1.43, a current ratio of 1.54 and a debt-to-equity ratio of 2.58.

Tempus AI (NASDAQ:TEM) last posted its earnings results on Friday, August 8th. The company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. Tempus AI had a negative net margin of 20.98% and a negative return on equity of 122.86%. The business had revenue of $314.64 million during the quarter, compared to the consensus estimate of $296.84 million. During the same quarter in the previous year, the firm posted ($6.86) EPS. The firm’s revenue was up 89.5% on a year-over-year basis. Tempus AI has set its FY 2025 guidance at EPS. As a group, research analysts expect that Tempus AI, Inc. will post -6.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TEM. Cowen cut Tempus AI from a “buy” rating to a “hold” rating in a research note on Tuesday, October 21st. TD Cowen cut Tempus AI from a “buy” rating to a “hold” rating and set a $88.00 target price on the stock. in a research note on Tuesday, October 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Tempus AI in a research note on Wednesday, October 8th. Piper Sandler lifted their price objective on Tempus AI from $70.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Finally, BTIG Research lifted their price objective on Tempus AI from $85.00 to $96.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tempus AI currently has an average rating of “Hold” and an average target price of $79.38.

Insider Activity

In related news, CEO Eric P. Lefkofsky sold 332,500 shares of the company’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $89.11, for a total value of $29,629,075.00. Following the completion of the transaction, the chief executive officer owned 9,074,532 shares of the company’s stock, valued at approximately $808,631,546.52. This represents a 3.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Erik Phelps sold 3,664 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $74.65, for a total transaction of $273,517.60. Following the completion of the sale, the executive vice president owned 94,115 shares in the company, valued at approximately $7,025,684.75. The trade was a 3.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,099,912 shares of company stock worth $87,247,931. Company insiders own 26.27% of the company’s stock.

About Tempus AI

Tempus AI Inc is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.