Canton Hathaway LLC Decreases Stock Holdings in Aurora Innovation, Inc. (NASDAQ:AUR)

Canton Hathaway LLC decreased its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 6.3% in the fourth quarter, according to the company in its most recent 13F 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 quarter.

Other hedge funds have also bought and sold shares of the company. GPS Wealth Strategies Group LLC increased 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 purchasing an additional 4,955 shares during the last quarter. Souders Financial Advisors purchased a new stake in shares of Aurora Innovation during the 3rd quarter valued at about $59,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Aurora Innovation during the 3rd quarter valued at about $60,000. Sigma Planning Corp purchased a new stake in shares of Aurora Innovation during the 3rd quarter valued at about $63,000. Finally, Reynders McVeigh Capital Management LLC purchased a new stake in shares of Aurora Innovation during the 3rd quarter valued at about $63,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Aurora Innovation Price Performance

Aurora Innovation stock opened at $7.01 on Tuesday. The firm has a 50 day moving average of $7.27 and a 200 day moving average of $6.10. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $10.77.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. Sell-side analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AUR has been the subject of several research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $10.00 price target on shares of Aurora Innovation in a research report on Thursday, February 13th. TD Cowen upped their price target on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a research report on Thursday, October 31st. Canaccord Genuity Group upped their price target on shares of Aurora Innovation from $7.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. The Goldman Sachs Group increased their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a report on Monday, November 4th. Finally, Evercore ISI increased their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $6.50.

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.