Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $10.19, but opened at $9.44. Aurora Innovation shares last traded at $9.28, with a volume of 7,241,684 shares trading hands.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. TD Cowen upped their price target on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a "hold" rating in a report on Thursday, October 31st. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $10.00 price target on shares of Aurora Innovation in a report on Thursday, February 13th. The Goldman Sachs Group increased their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the stock a "sell" rating in a report on Monday, November 4th. Evercore ISI increased their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an "in-line" rating in a report on Tuesday, February 18th. Finally, Wolfe Research started coverage on shares of Aurora Innovation in a report on Tuesday, November 26th. They set a "peer perform" rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Aurora Innovation currently has a consensus rating of "Hold" and a consensus price target of $6.50.
Read Our Latest Report on AUR
Aurora Innovation Price Performance
The stock's fifty day simple moving average is $7.29 and its two-hundred day simple moving average is $6.06. The company has a market capitalization of $12.92 billion, a price-to-earnings ratio of -15.80 and a beta of 2.85.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, sell-side analysts predict that Aurora Innovation, Inc. will post -0.49 EPS for the current year.
Insider Transactions at Aurora Innovation
In related news, Director Gloria R. Boyland sold 30,000 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total value of $189,000.00. Following the completion of the transaction, the director now owns 344,647 shares in the company, valued at $2,171,276.10. This represents a 8.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 13.83% of the company's stock.
Hedge Funds Weigh In On Aurora Innovation
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp grew its position in Aurora Innovation by 314.2% in the 4th quarter. Mackenzie Financial Corp now owns 44,104 shares of the company's stock valued at $278,000 after buying an additional 33,456 shares in the last quarter. GTS Securities LLC boosted its position in shares of Aurora Innovation by 46.9% during the 4th quarter. GTS Securities LLC now owns 20,071 shares of the company's stock valued at $126,000 after purchasing an additional 6,407 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Aurora Innovation by 41.7% during 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 valued at $12,088,000 after purchasing an additional 564,227 shares in the last quarter. Voloridge Investment Management LLC bought a new position in shares of Aurora Innovation during the 4th quarter valued at about $6,958,000. Finally, Vident Advisory LLC bought a new position in shares of Aurora Innovation during the 4th quarter valued at about $94,000. Institutional investors own 44.71% of the company's stock.
About Aurora Innovation
(
Get Free Report)
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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