Aurora Innovation, Inc. (NASDAQ:AUR) Director Gloria R. Boyland Sells 46,097 Shares

Aurora Innovation, Inc. (NASDAQ:AUR) Director Gloria R. Boyland sold 46,097 shares of Aurora Innovation stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $5.92, for a total value of $272,894.24. Following the completion of the sale, the director now owns 330,425 shares of the company’s stock, valued at approximately $1,956,116. The trade was a 12.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Aurora Innovation Price Performance

Aurora Innovation stock traded up $0.01 during trading hours on Monday, hitting $5.88. The company had a trading volume of 21,506,939 shares, compared to its average volume of 13,642,454. The firm has a 50-day moving average of $6.48 and a 200 day moving average of $6.89. The firm has a market cap of $10.40 billion, a PE ratio of -12.51 and a beta of 2.59. Aurora Innovation, Inc. has a one year low of $2.17 and a one year high of $10.77.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.01). As a group, research analysts expect that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

Analyst Ratings Changes

AUR has been the topic of several recent research reports. Morgan Stanley started coverage on shares of Aurora Innovation in a research note on Monday, March 3rd. They issued an “overweight” rating and a $12.00 target price on the stock. Canaccord Genuity Group lifted their target price on shares of Aurora Innovation from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Friday, May 2nd. Evercore ISI upped their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a research report on Tuesday, February 18th. The Goldman Sachs Group raised their price target on Aurora Innovation from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Monday, May 12th. Finally, Oppenheimer assumed coverage on shares of Aurora Innovation in a report on Thursday, March 27th. They set an “outperform” rating and a $15.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Aurora Innovation has an average rating of “Moderate Buy” and an average price target of $10.75.

Institutional Investors Weigh In On Aurora Innovation

Large investors have recently bought and sold shares of the company. Twin Tree Management LP raised its stake in shares of Aurora Innovation by 217.2% during the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock valued at $28,000 after acquiring an additional 3,047 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Aurora Innovation in the first quarter valued at about $32,000. Signaturefd LLC raised its position in shares of Aurora Innovation by 208.0% during the first quarter. Signaturefd LLC now owns 5,283 shares of the company’s stock worth $36,000 after acquiring an additional 3,568 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Aurora Innovation by 147.3% in the first quarter. GAMMA Investing LLC now owns 5,922 shares of the company’s stock worth $40,000 after acquiring an additional 3,527 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in Aurora Innovation by 37.2% in the first quarter. PNC Financial Services Group Inc. now owns 7,683 shares of the company’s stock valued at $52,000 after acquiring an additional 2,085 shares during the last quarter. 44.71% of the stock is currently owned by institutional investors and hedge funds.

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.