Theodore Leonsis sells Tempus AI (TEM) shares worth $3.07 million

Published 16/08/2025, 02:28
Theodore Leonsis sells Tempus AI (TEM) shares worth $3.07 million

Director Theodore Leonsis sold 44,000 shares of Tempus AI, Inc. NASDAQ:TEM on August 13, 2025. The shares were sold at a price of $69.90, for a total transaction value of $3.07 million. The stock, which has surged 21% in the past week and currently trades at $73.78, shows overbought conditions according to InvestingPro technical indicators. Following the transaction, Leonsis directly owns 15,511 shares of Class A Common Stock and indirectly owns 86,756 shares through the Theodore J. Leonsis Revocable Trust. The $12.4 billion company maintains a GOOD financial health score despite not being profitable in the last twelve months. Discover more insights and 8 additional key ProTips with InvestingPro’s comprehensive analysis.

In other recent news, Tempus AI Inc. reported its second-quarter 2025 earnings, exceeding revenue expectations with a total of $314.6 million, surpassing the forecast of $297.8 million. The company also reported a narrower-than-expected loss per share at -$0.22, compared to the anticipated -$0.25. These results indicate a positive financial performance for the quarter. TD Cowen raised its price target for Tempus AI to $72 from $62, maintaining a Buy rating due to stronger genomic volumes and a positive outlook for the company’s Ambry business. Meanwhile, Stifel reiterated its Hold rating on Tempus AI, keeping its price target steady at $65. These developments reflect varied analyst perspectives on the company’s future performance. Investors are closely monitoring these updates as they assess Tempus AI’s growth trajectory.

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