Advisor Resource Council purchased a new position in Aurora Innovation, Inc. (NASDAQ:AUR – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 13,420 shares of the company’s stock, valued at approximately $90,000.
Several other institutional investors also recently modified their holdings of AUR. Twin Tree Management LP grew its position in Aurora Innovation by 217.2% during the 4th quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock valued at $28,000 after purchasing an additional 3,047 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Aurora Innovation during the 1st quarter valued at about $32,000. GAMMA Investing LLC increased its stake in Aurora Innovation by 147.3% during the 1st quarter. GAMMA Investing LLC now owns 5,922 shares of the company’s stock valued at $40,000 after purchasing an additional 3,527 shares in the last quarter. Avantax Advisory Services Inc. bought a new stake in Aurora Innovation during the 4th quarter valued at about $65,000. Finally, Bank of Montreal Can bought a new stake in Aurora Innovation during the 4th quarter valued at about $66,000. 44.71% of the stock is currently owned by institutional investors.
Aurora Innovation Stock Up 0.6%
Shares of AUR stock opened at $5.45 on Wednesday. The company has a 50 day moving average price of $6.33 and a 200-day moving average price of $6.81. Aurora Innovation, Inc. has a 52 week low of $2.41 and a 52 week high of $10.77. The firm has a market capitalization of $9.64 billion, a PE ratio of -11.35 and a beta of 2.59.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Canaccord Genuity Group raised their price objective on shares of Aurora Innovation from $10.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, May 2nd. The Goldman Sachs Group raised their price objective on shares of Aurora Innovation from $6.00 to $7.00 and gave the company a “neutral” rating in a research note on Monday, May 12th. Morgan Stanley started coverage on shares of Aurora Innovation in a research note on Monday, March 3rd. They set an “overweight” rating and a $12.00 price objective for the company. Oppenheimer started coverage on shares of Aurora Innovation in a research note on Thursday, March 27th. They issued an “outperform” rating and a $15.00 price target for the company. Finally, TD Cowen started coverage on shares of Aurora Innovation in a research note on Friday, March 7th. They issued a “hold” rating and a $8.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Aurora Innovation currently has a consensus rating of “Moderate Buy” and an average price target of $10.75.
Read Our Latest Analysis on AUR
Insider Activity at Aurora Innovation
In related news, Director Gloria R. Boyland sold 46,097 shares of the business’s stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $5.92, for a total transaction of $272,894.24. Following the completion of the sale, the director now directly owns 330,425 shares in the company, 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 filing with the SEC, which can be accessed through the SEC website. 11.85% of the stock is currently owned by company insiders.
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.
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