Aurora Innovation, Inc. (NASDAQ:AUR) Director Gloria R. Boyland Sells 30,000 Shares

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

Aurora Innovation Stock Down 0.3 %

Aurora Innovation stock opened at $6.47 on Friday. Aurora Innovation, Inc. has a 52-week low of $2.10 and a 52-week high of $7.01. The company has a market cap of $11.12 billion, a P/E ratio of -13.20 and a beta of 2.82. The business has a 50-day simple moving average of $5.89 and a two-hundred day simple moving average of $4.29.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. 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 report on Monday, November 4th. Canaccord Genuity Group restated a “buy” rating and set a $7.00 target price on shares of Aurora Innovation in a research note on Monday, September 30th. Wolfe Research began coverage on shares of Aurora Innovation in a research note on Tuesday. They issued a “peer perform” rating for the company. Evercore ISI boosted their price objective on shares of Aurora Innovation from $3.00 to $5.00 and gave the company an “in-line” rating in a report on Monday, October 14th. Finally, TD Cowen raised their target price on shares of Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $4.63.

Institutional Trading of Aurora Innovation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AUR. Souders Financial Advisors purchased a new position 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 in the third quarter worth $60,000. Reynders McVeigh Capital Management LLC purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at $63,000. Sigma Planning Corp bought a new position in Aurora Innovation in the 3rd quarter worth $63,000. Finally, Sequoia Financial Advisors LLC bought a new position in Aurora Innovation in the 2nd quarter worth $30,000. 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.