Aurora Innovation, Inc. (NASDAQ:AUR – Get Free Report) Director Michelangelo Volpi sold 34,701 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $7.00, for a total transaction of $242,907.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Michelangelo Volpi also recently made the following trade(s):
- On Friday, August 7th, Michelangelo Volpi sold 1,854,322 shares of Aurora Innovation stock. The stock was sold at an average price of $7.05, for a total transaction of $13,072,970.10.
- On Wednesday, August 5th, Michelangelo Volpi sold 179,782 shares of Aurora Innovation stock. The shares were sold at an average price of $7.07, for a total transaction of $1,271,058.74.
Aurora Innovation Price Performance
NASDAQ:AUR traded down $0.03 during mid-day trading on Tuesday, hitting $6.95. The company’s stock had a trading volume of 14,878,054 shares, compared to its average volume of 23,557,223. Aurora Innovation, Inc. has a 1 year low of $3.60 and a 1 year high of $8.56. The stock has a market cap of $13.93 billion, a price-to-earnings ratio of -14.79 and a beta of 2.64. The business’s fifty day moving average is $6.42 and its two-hundred day moving average is $5.57.
Institutional Trading of Aurora Innovation
Institutional investors have recently modified their holdings of the stock. Ascent Wealth Partners LLC increased its stake in shares of Aurora Innovation by 9.6% during the first quarter. Ascent Wealth Partners LLC now owns 15,820 shares of the company’s stock worth $65,000 after purchasing an additional 1,389 shares in the last quarter. Gabelli Funds LLC increased its stake in Aurora Innovation by 15.4% during the 1st quarter. Gabelli Funds LLC now owns 15,000 shares of the company’s stock worth $62,000 after buying an additional 2,000 shares in the last quarter. Abel Hall LLC raised its holdings in shares of Aurora Innovation by 21.0% during the fourth quarter. Abel Hall LLC now owns 13,596 shares of the company’s stock valued at $52,000 after acquiring an additional 2,356 shares during the last quarter. World Investment Advisors lifted its position in shares of Aurora Innovation by 7.4% in the fourth quarter. World Investment Advisors now owns 34,812 shares of the company’s stock valued at $134,000 after acquiring an additional 2,406 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Aurora Innovation by 20.1% in the second quarter. Cerity Partners LLC now owns 14,686 shares of the company’s stock worth $77,000 after acquiring an additional 2,458 shares during the last quarter. Institutional investors and hedge funds own 44.71% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on AUR. Wall Street Zen downgraded shares of Aurora Innovation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $13.00 price objective on shares of Aurora Innovation in a research report on Thursday, May 7th. Craig Hallum started coverage on shares of Aurora Innovation in a research note on Friday, June 5th. They set a “buy” rating and a $18.00 target price on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Aurora Innovation in a research report on Friday, July 17th. Finally, Morgan Stanley restated an “overweight” rating and issued a $14.00 price target on shares of Aurora Innovation in a research note on Thursday, May 7th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $12.22.
Check Out Our Latest Research Report on Aurora Innovation
About Aurora Innovation
Aurora Innovation, Inc is a technology company specializing in the development of self-driving vehicle systems for both passenger and commercial applications. Headquartered in Mountain View, California, Aurora has built an end-to-end platform—known as the Aurora Driver—that integrates proprietary software, machine learning algorithms and a suite of sensors (LiDAR, radar and cameras) to enable vehicles to operate safely and efficiently in diverse driving environments.
The company’s core business revolves around designing, testing and deploying its autonomy stack on vehicles from established automotive and transportation partners.
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