Victory Financial Group LLC Invests $754,000 in Tempus AI, Inc. $TEM

Victory Financial Group LLC purchased a new stake in shares of Tempus AI, Inc. (NASDAQ:TEMFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,771 shares of the company’s stock, valued at approximately $754,000.

Several other hedge funds have also recently bought and sold shares of TEM. Renaissance Capital LLC increased its holdings in shares of Tempus AI by 26.9% in the 3rd quarter. Renaissance Capital LLC now owns 84,166 shares of the company’s stock valued at $6,793,000 after purchasing an additional 17,866 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Tempus AI by 1,459.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 101,276 shares of the company’s stock valued at $8,174,000 after purchasing an additional 94,783 shares in the last quarter. Hussman Strategic Advisors Inc. acquired a new position in Tempus AI in the 3rd quarter valued at approximately $1,695,000. Vanguard Group Inc. increased its stake in Tempus AI by 22.1% in the 3rd quarter. Vanguard Group Inc. now owns 9,441,607 shares of the company’s stock valued at $762,032,000 after buying an additional 1,706,837 shares during the period. Finally, Krane Funds Advisors LLC lifted its position in Tempus AI by 218.2% in the 3rd quarter. Krane Funds Advisors LLC now owns 28,230 shares of the company’s stock worth $2,427,000 after buying an additional 19,358 shares in the last quarter. 24.22% of the stock is owned by hedge funds and other institutional investors.

Tempus AI Stock Performance

Shares of NASDAQ TEM opened at $47.03 on Thursday. The business’s 50-day simple moving average is $53.75 and its 200-day simple moving average is $68.82. The company has a debt-to-equity ratio of 2.52, a quick ratio of 3.00 and a current ratio of 3.13. Tempus AI, Inc. has a 52 week low of $36.22 and a 52 week high of $104.32. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of -33.35 and a beta of 4.87.

Insider Activity

In related news, CEO Ryan Fukushima sold 9,592 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $59.05, for a total transaction of $566,407.60. Following the completion of the sale, the chief executive officer directly owned 694,354 shares of the company’s stock, valued at approximately $41,001,603.70. This represents a 1.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Ryan M. Bartolucci sold 2,902 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $59.05, for a total transaction of $171,363.10. Following the completion of the transaction, the chief accounting officer owned 41,159 shares in the company, valued at $2,430,438.95. The trade was a 6.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 568,841 shares of company stock valued at $32,579,611. Insiders own 26.27% of the company’s stock.

Key Stories Impacting Tempus AI

Here are the key news stories impacting Tempus AI this week:

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TEM. BTIG Research lowered their price target on shares of Tempus AI from $105.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Needham & Company LLC reissued a “buy” rating and set a $75.00 price objective on shares of Tempus AI in a research report on Wednesday, March 11th. HC Wainwright boosted their target price on Tempus AI from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Stifel Nicolaus set a $60.00 target price on Tempus AI in a research report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tempus AI in a research note on Thursday, January 22nd. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Tempus AI has an average rating of “Moderate Buy” and a consensus target price of $75.92.

Get Our Latest Stock Analysis on TEM

About Tempus AI

(Free Report)

Tempus is a technology-driven healthcare company that applies artificial intelligence and machine learning to clinical and molecular data in order to advance precision medicine. Its primary focus lies in oncology, where the company offers comprehensive genomic profiling, digital pathology services and data-driven insights to inform personalized cancer care. By integrating DNA and RNA sequencing with structured clinical information, Tempus enables clinicians and researchers to identify targeted treatment options for patients based on the genetic characteristics of their tumors.

The company’s core offering centers on a scalable, cloud-based analytics platform that aggregates vast amounts of molecular and clinical data.

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Institutional Ownership by Quarter for Tempus AI (NASDAQ:TEM)

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