Aurora Innovation, Inc. (NASDAQ:AUR) Director Gloria R. Boyland Sells 30,000 Shares

Aurora Innovation, Inc. (NASDAQ:AUR) Director Gloria R. Boyland sold 30,000 shares of Aurora Innovation stock in a transaction dated Tuesday, November 26th. The stock was 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 of the company’s stock, valued at approximately $2,171,276.10. This represents a 8.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Aurora Innovation Stock Performance

NASDAQ AUR opened at $6.49 on Thursday. The company’s 50-day simple moving average is $5.84 and its two-hundred day simple moving average is $4.25. Aurora Innovation, Inc. has a one year low of $2.06 and a one year high of $7.01. The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of -13.24 and a beta of 2.82.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AUR. TD Cowen lifted their target price on Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Canaccord Genuity Group reiterated a “buy” rating and set a $7.00 price objective on shares of Aurora Innovation in a research report on Monday, September 30th. Wolfe Research assumed coverage on shares of Aurora Innovation in a research note on Tuesday. They issued a “peer perform” rating on the stock. Evercore ISI upped their price target on shares of Aurora Innovation from $3.00 to $5.00 and gave the company an “in-line” rating in a report on Monday, October 14th. Finally, The Goldman Sachs Group increased their price target on Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $4.63.

Hedge Funds Weigh In On Aurora Innovation

Several institutional investors have recently bought and sold shares of the business. Franklin Resources Inc. purchased a new stake in Aurora Innovation during the third quarter worth $72,000. Virtu Financial LLC bought a new position in shares of Aurora Innovation in the 3rd quarter worth $337,000. Geode Capital Management LLC lifted its stake in shares of Aurora Innovation by 15.5% during the 3rd quarter. Geode Capital Management LLC now owns 22,796,526 shares of the company’s stock worth $134,981,000 after purchasing an additional 3,064,342 shares during the last quarter. Abel Hall LLC bought a new stake in Aurora Innovation during the third quarter valued at about $88,000. Finally, Barclays PLC raised its holdings in Aurora Innovation by 431.9% in the third quarter. Barclays PLC now owns 1,709,749 shares of the company’s stock worth $10,122,000 after purchasing an additional 1,388,307 shares in the last quarter. 44.71% of the stock is owned by hedge funds and other institutional investors.

Aurora Innovation Company Profile

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.