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Cryptocurrency News Articles

Cathie Wood’s Ark Invest Significantly Increases Stake in Tempus AI (TEM)

Jan 24, 2025 at 01:59 am

Cathie Wood's Ark Invest has significantly increased its stake in Tempus AI (TEM) by acquiring over 600,000 shares across its funds since the start of 2025.

Cathie Wood’s Ark Invest Significantly Increases Stake in Tempus AI (TEM)

Cathie Wood’s Ark Invest has shown strong interest in Tempus AI (NYSE:TEM) stock, with its funds collectively purchasing over 600,000 shares of the company since the beginning of 2025. Ark Invest’s bullish stance on the healthcare technology company is evident as Tempus AI has become a key holding in several of Ark’s exchange-traded funds (ETFs).

Notably, Tempus AI now constitutes 3.2% of the Ark Innovation ETF (NYSEARCA:ARKK), with a market value of over $265 million, making it the 10th largest holding in the ETF. Furthermore, TEM stock is the fourth-largest position in the ARK Genomic Revolution ETF (NYSE:ARKG), accounting for 5.64% of the fund’s portfolio.

Tempus AI stock has had a strong run in 2025, surging over 53% year-to-date to above $51 a share.

Cathie Wood not Sold on Trump Coin, to Focus on Bitcoin, Ethereum, Solana

In other news, Cathie Wood has stated that she will not be investing in the recently launched Trump Coin, which she believes is a meme coin with no real-world utility, according to Bloomberg. The only potential benefit she sees is the possibility of meeting President Trump, but even that is not guaranteed.

Instead, Wood will continue to focus on more established cryptocurrencies, such as Bitcoin, Ethereum, and Solana, which have proven track records and real-world applications, making them a more attractive investment.

Analyst on Wall Street have a Moderate Buy consenus rating on TEM stock, with six Buys, three Holds, and zero Sells assigned in the past three months. Moreover, the average TEM price target is $59, implying 13.6% upside potential from the current share price.

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Other articles published on Jan 24, 2025