533 Shares in Tempus AI, Inc. (NASDAQ:TEM) Acquired by First Horizon Advisors Inc.

First Horizon Advisors Inc. bought a new stake in Tempus AI, Inc. (NASDAQ:TEM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 533 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sandia Investment Management LP purchased a new position in shares of Tempus AI in the second quarter valued at approximately $136,000. Vestor Capital LLC purchased a new position in Tempus AI in the 3rd quarter valued at approximately $153,000. IQ EQ FUND MANAGEMENT IRELAND Ltd acquired a new position in shares of Tempus AI in the third quarter worth $258,000. Clarus Group Inc. purchased a new stake in shares of Tempus AI during the third quarter worth $283,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Tempus AI in the third quarter valued at $306,000.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Loop Capital upped their target price on shares of Tempus AI from $48.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Needham & Company LLC reiterated a “buy” rating and issued a $47.00 price objective on shares of Tempus AI in a report on Wednesday, August 7th. Bank of America lowered Tempus AI from a “buy” rating to a “neutral” rating and raised their target price for the stock from $45.00 to $60.00 in a research report on Wednesday, October 2nd. Stifel Nicolaus downgraded Tempus AI from a “buy” rating to a “hold” rating and upped their price target for the company from $45.00 to $65.00 in a report on Monday, November 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Tempus AI from $42.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $54.22.

Tempus AI Price Performance

TEM stock opened at $63.89 on Tuesday. The company has a debt-to-equity ratio of 8.17, a current ratio of 2.69 and a quick ratio of 2.55. The company has a 50 day moving average price of $52.12. Tempus AI, Inc. has a twelve month low of $22.89 and a twelve month high of $79.49.

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.