Aurora Innovation (NASDAQ:AUR - Free Report) had its price objective raised by Evercore ISI from $5.00 to $6.00 in a research note published on Tuesday morning,Benzinga reports. The firm currently has an in-line rating on the stock.
A number of other analysts also recently weighed in on the stock. TD Cowen upped their target price on shares of Aurora Innovation from $3.00 to $4.00 and gave the stock a "hold" rating in a research report on Thursday, October 31st. Wolfe Research started coverage on shares of Aurora Innovation in a research report on Tuesday, November 26th. They issued a "peer perform" rating on the stock. Cantor Fitzgerald reissued an "overweight" rating and set a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. The Goldman Sachs Group increased their price objective on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a "sell" rating in a research report on Monday, November 4th. Finally, Canaccord Genuity Group increased their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $6.50.
Check Out Our Latest Research Report on Aurora Innovation
Aurora Innovation Trading Down 10.6 %
NASDAQ AUR traded down $0.89 during trading on Tuesday, hitting $7.43. The company had a trading volume of 12,257,332 shares, compared to its average volume of 16,517,742. Aurora Innovation has a one year low of $2.10 and a one year high of $10.77. The company has a market cap of $12.76 billion, a price-to-earnings ratio of -15.80 and a beta of 2.85. The company's fifty day moving average is $7.29 and its 200-day moving average is $6.04.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. As a group, equities analysts anticipate that Aurora Innovation will post -0.49 EPS for the current year.
Insider Buying and Selling at Aurora Innovation
In other Aurora Innovation news, Director Gloria R. Boyland sold 30,000 shares of the company's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total transaction of $189,000.00. Following the transaction, the director now owns 344,647 shares in the company, valued at approximately $2,171,276.10. This represents a 8.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 13.83% of the company's stock.
Hedge Funds Weigh In On Aurora Innovation
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Mackenzie Financial Corp lifted its stake in Aurora Innovation by 314.2% during the 4th quarter. Mackenzie Financial Corp now owns 44,104 shares of the company's stock valued at $278,000 after acquiring an additional 33,456 shares during the period. GTS Securities LLC lifted its stake in shares of Aurora Innovation by 46.9% in the 4th quarter. GTS Securities LLC now owns 20,071 shares of the company's stock worth $126,000 after purchasing an additional 6,407 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Aurora Innovation by 41.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,918,807 shares of the company's stock worth $12,088,000 after purchasing an additional 564,227 shares during the period. Voloridge Investment Management LLC bought a new position in shares of Aurora Innovation in the 4th quarter worth approximately $6,958,000. Finally, Vident Advisory LLC bought a new position in shares of Aurora Innovation in the 4th quarter worth approximately $94,000. Institutional investors own 44.71% of the company's stock.
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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