Shares of Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $6.87 and last traded at $6.87, with a volume of 2588070 shares traded. The stock had previously closed at $6.41.
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Canaccord Genuity Group reiterated a "buy" rating and set a $7.00 target price on shares of Aurora Innovation in a research report on Monday, September 30th. Evercore ISI boosted their price objective on shares of Aurora Innovation from $3.00 to $5.00 and gave the company an "in-line" rating in a research report on Monday, October 14th.
Get Our Latest Analysis on AUR
Aurora Innovation Stock Performance
The firm's 50 day moving average is $5.11 and its 200 day moving average is $3.80. The stock has a market cap of $10.75 billion, a P/E ratio of -14.10 and a beta of 2.80.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported ($0.12) earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.01.
Hedge Funds Weigh In On Aurora Innovation
Several large investors have recently made changes to their positions in AUR. Sequoia Financial Advisors LLC purchased a new position in Aurora Innovation during the second quarter worth approximately $30,000. Profund Advisors LLC purchased a new position in shares of Aurora Innovation during the 2nd quarter valued at approximately $46,000. Empowered Funds LLC grew its stake in Aurora Innovation by 44.1% in the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock valued at $50,000 after acquiring an additional 5,386 shares during the period. Vanguard Personalized Indexing Management LLC purchased a new stake in Aurora Innovation in the 2nd quarter worth $51,000. Finally, Diversified Portfolios Inc. acquired a new position in Aurora Innovation during the second quarter worth $54,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.
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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