Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report)'s stock price was up 9.2% during trading on Thursday . The company traded as high as $6.72 and last traded at $6.65. Approximately 2,170,571 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 8,537,036 shares. The stock had previously closed at $6.09.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on AUR shares. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $7.00 price objective on shares of Aurora Innovation in a research report on Monday, September 30th. Evercore ISI lifted their price objective on Aurora Innovation from $3.00 to $5.00 and gave the company an "in-line" rating in a research report on Monday, October 14th.
View Our Latest Stock Report on Aurora Innovation
Aurora Innovation Price Performance
The stock has a 50-day simple moving average of $5.06 and a 200-day simple moving average of $3.77. The stock has a market cap of $10.12 billion, a PE ratio of -13.16 and a beta of 2.80.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.01.
Institutional Investors Weigh In On Aurora Innovation
Institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in shares of Aurora Innovation during the second quarter worth about $30,000. Profund Advisors LLC acquired a new position in shares of Aurora Innovation during the second quarter worth about $46,000. Empowered Funds LLC lifted its stake in shares of Aurora Innovation by 44.1% during the first quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock worth $50,000 after purchasing an additional 5,386 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Aurora Innovation during the second quarter worth about $51,000. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company's stock worth $54,000 after purchasing an additional 4,702 shares in the last quarter. Hedge funds and other institutional investors own 44.71% of the company's stock.
Aurora Innovation Company Profile
(
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.
Featured Articles
Before you consider Aurora Innovation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aurora Innovation wasn't on the list.
While Aurora Innovation currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
