Aurora Innovation, Inc. (NASDAQ:AUR) Director Sells $189,000.00 in Stock

Aurora Innovation, Inc. (NASDAQ:AUR) Director Gloria R. Boyland sold 30,000 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total transaction of $189,000.00. Following the transaction, the director now directly owns 344,647 shares of the company’s stock, valued at approximately $2,171,276.10. This trade represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Aurora Innovation Trading Down 0.3 %

Shares of Aurora Innovation stock opened at $6.47 on Friday. The business has a fifty day simple moving average of $5.89 and a two-hundred day simple moving average of $4.29. The firm has a market capitalization of $11.12 billion, a P/E ratio of -13.20 and a beta of 2.82. Aurora Innovation, Inc. has a 12 month low of $2.10 and a 12 month high of $7.01.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC purchased a new position in shares of Aurora Innovation during the second quarter valued at approximately $30,000. Profund Advisors LLC purchased a new position in Aurora Innovation during the second quarter valued at $46,000. Vanguard Personalized Indexing Management LLC bought a new stake in Aurora Innovation in the second quarter worth $51,000. Nisa Investment Advisors LLC grew its stake in shares of Aurora Innovation by 32.0% in the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock worth $54,000 after acquiring an additional 4,702 shares during the last quarter. Finally, Diversified Portfolios Inc. bought a new position in shares of Aurora Innovation during the second quarter valued at $54,000. 44.71% of the stock is owned by hedge funds and other institutional investors.

About Aurora Innovation

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.