Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 4,100,765 shares changed hands during trading, a decline of 52% from the previous session's volume of 8,602,210 shares.The stock last traded at $5.33 and had previously closed at $5.81.
Wall Street Analysts Forecast Growth
Several analysts recently commented on AUR shares. Evercore ISI increased their target price on shares of Aurora Innovation from $3.00 to $5.00 and gave the company an "in-line" rating in a research note on Monday, October 14th. The Goldman Sachs Group upped their price target on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a "sell" rating in a research report on Monday. Canaccord Genuity Group restated a "buy" rating and issued a $7.00 price target on shares of Aurora Innovation in a research report on Monday, September 30th. Finally, TD Cowen raised their target price on Aurora Innovation from $3.00 to $4.00 and gave the stock a "hold" rating in a research report on Thursday.
Get Our Latest Report on Aurora Innovation
Aurora Innovation Stock Down 4.5 %
The stock has a market capitalization of $8.71 billion, a PE ratio of -10.98 and a beta of 2.82. The stock's 50-day moving average is $5.36 and its 200 day moving average is $3.92.
Institutional Trading of Aurora Innovation
Institutional investors have recently bought and sold shares of the company. Sigma Planning Corp purchased a new stake in shares of Aurora Innovation during the 3rd quarter worth about $63,000. Sequoia Financial Advisors LLC bought a new position in Aurora Innovation during the second quarter valued at approximately $30,000. ASB Consultores LLC lifted its stake in Aurora Innovation by 24.0% in the third quarter. ASB Consultores LLC now owns 15,955 shares of the company's stock valued at $94,000 after acquiring an additional 3,088 shares during the last quarter. Profund Advisors LLC bought a new stake in Aurora Innovation in the second quarter worth approximately $46,000. Finally, Empowered Funds LLC increased its stake in shares of Aurora Innovation by 44.1% during the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock worth $50,000 after purchasing an additional 5,386 shares during the last quarter. Institutional investors and hedge funds own 44.71% of the company's stock.
Aurora Innovation Company Profile
(
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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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