Canton Hathaway LLC Sells 3,200 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Canton Hathaway LLC reduced its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 6.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 47,300 shares of the company’s stock after selling 3,200 shares during the quarter. Canton Hathaway LLC’s holdings in Aurora Innovation were worth $298,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its position in shares of Aurora Innovation by 241.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock valued at $44,000 after acquiring an additional 4,955 shares during the last quarter. Souders Financial Advisors bought a new stake in Aurora Innovation in the third quarter worth $59,000. Grimes & Company Inc. bought a new stake in Aurora Innovation in the fourth quarter worth $63,000. Dynamic Technology Lab Private Ltd bought a new stake in Aurora Innovation in the third quarter worth $60,000. Finally, Yousif Capital Management LLC bought a new stake in Aurora Innovation in the fourth quarter worth $65,000. 44.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AUR shares. The Goldman Sachs Group increased their target price on Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a research note on Monday, November 4th. TD Cowen increased their target price on Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a research note on Thursday, October 31st. Wolfe Research started coverage on Aurora Innovation in a research note on Tuesday, November 26th. They issued a “peer perform” rating on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $10.00 target price on shares of Aurora Innovation in a research note on Thursday, February 13th. Finally, Evercore ISI increased their target price on Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a research note on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Aurora Innovation presently has a consensus rating of “Hold” and a consensus target price of $6.50.

Aurora Innovation Stock Performance

Shares of Aurora Innovation stock opened at $7.01 on Tuesday. Aurora Innovation, Inc. has a 12 month low of $2.10 and a 12 month high of $10.77. The stock’s fifty day moving average price is $7.27 and its 200-day moving average price is $6.10.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, equities research analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

Aurora Innovation 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.