Tempus AI CEO Lefkofsky sells $16.1m common stock

Eric Lefkofsky, CEO and Chairman of Tempus AI, Inc., transferred $16.1 million worth of Class A Common Stock in a series of transactions on September 17, 2026. These trades, conducted under a pre-approved Rule 10b5-1 trading plan since March 8, 2026, saw the shares exchanged at prices between $80.00 and $81.26 per share. The stock has since risen to $85.01, indicating a 99% increase over the past six months.

Market analysts suggest TEM may be overvalued at present, with a Fair Value assessment pointing to limited upside potential. The company's beta of 3.72 indicates high volatility, a factor to consider given the recent stock momentum. As the sole manager of Black Media, LLC, Blue Media, LLC, and Gray Media, LLC, and a trustee of several foundations, Lefkofsky sold a total of 200,000 shares of Class A Common Stock through various legal entities.

He now owns 2,098,130 shares directly and holds additional shares indirectly through different trusts. The stock's surge has attracted attention from several investment firms. Goldman Sachs rated Tempus AI as Neutral with a price target of $75, while H.C. Wainwright upgraded its rating to Buy and raised the target to $66. Rothschild Redburn and Cantor Fitzgerald both initiated coverage with a Neutral rating and price targets of $67 and $80, respectively.

Piper Sandler upgraded the company's rating to Overweight, with a new target of $76, citing growth in diagnostics and data sectors.