Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) Director Gloria R. Boyland sold 46,097 shares of Aurora Innovation stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $5.92, for a total value of $272,894.24. Following the completion of the transaction, the director now owns 330,425 shares in the company, valued at approximately $1,956,116. This represents a 12.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Aurora Innovation Trading Down 3.2%
Shares of AUR stock traded down $0.19 on Thursday, reaching $5.69. The company's stock had a trading volume of 14,452,672 shares, compared to its average volume of 13,743,882. The stock's fifty day simple moving average is $6.45 and its 200-day simple moving average is $6.87. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of -12.11 and a beta of 2.59. Aurora Innovation, Inc. has a 1 year low of $2.17 and a 1 year high of $10.77.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.01). Equities research analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages recently commented on AUR. Cantor Fitzgerald restated an "overweight" rating and set a $10.00 target price on shares of Aurora Innovation in a report on Thursday, February 13th. Oppenheimer began coverage on Aurora Innovation in a research note on Thursday, March 27th. They issued an "outperform" rating and a $15.00 target price for the company. Evercore ISI increased their price objective on Aurora Innovation from $5.00 to $6.00 and gave the stock an "in-line" rating in a report on Tuesday, February 18th. TD Cowen started coverage on shares of Aurora Innovation in a report on Friday, March 7th. They set a "hold" rating and a $8.00 target price on the stock. Finally, Morgan Stanley assumed coverage on shares of Aurora Innovation in a research report on Monday, March 3rd. They set an "overweight" rating and a $12.00 price target for the company. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $10.75.
Get Our Latest Report on AUR
Institutional Investors Weigh In On Aurora Innovation
Several institutional investors have recently bought and sold shares of the company. Twin Tree Management LP boosted its position in Aurora Innovation by 217.2% in the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company's stock valued at $28,000 after buying an additional 3,047 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Aurora Innovation during the 1st quarter worth $32,000. Signaturefd LLC increased its holdings in shares of Aurora Innovation by 208.0% during the 1st quarter. Signaturefd LLC now owns 5,283 shares of the company's stock worth $36,000 after buying an additional 3,568 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Aurora Innovation by 147.3% in the 1st quarter. GAMMA Investing LLC now owns 5,922 shares of the company's stock valued at $40,000 after acquiring an additional 3,527 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in Aurora Innovation by 37.2% during the first quarter. PNC Financial Services Group Inc. now owns 7,683 shares of the company's stock worth $52,000 after purchasing an additional 2,085 shares in the last quarter. 44.71% of the stock is currently owned by institutional investors and hedge funds.
About Aurora Innovation
(
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Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
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