Key Points
- CEO Christopher Urmson bought 258,000 shares of Aurora at an average price of $3.88 on Nov. 25, a purchase worth $1,001,040 that was disclosed in an SEC filing.
- Aurora shares recently opened around $4.05 with a 52-week range of $3.60–$10.77, a market cap of $7.84 billion and a negative P/E; the company reported EPS of ($0.11) last quarter (slightly beating estimates) while revenue of $1.0M missed expectations.
- Analysts are mixed—five Buys, four Holds and two Sells—with a MarketBeat consensus rating of "Hold" and a consensus target of $10.06; recent firm notes range from Goldman Sachs' $4 target to Oppenheimer's $15.
Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) CEO Christopher Urmson acquired 258,000 shares of Aurora Innovation stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average cost of $3.88 per share, with a total value of $1,001,040.00. Following the purchase, the chief executive officer owned 258,000 shares in the company, valued at $1,001,040. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Aurora Innovation Price Performance
Aurora Innovation stock opened at $4.05 on Thursday. Aurora Innovation, Inc. has a one year low of $3.60 and a one year high of $10.77. The company's fifty day moving average price is $4.96 and its two-hundred day moving average price is $5.56. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of -9.00 and a beta of 2.44.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01. The company had revenue of $1.00 million for the quarter, compared to analyst estimates of $1.23 million. During the same period in the prior year, the company posted ($0.13) EPS. As a group, sell-side analysts anticipate that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.
Analysts Set New Price Targets
Several research firms recently issued reports on AUR. The Goldman Sachs Group decreased their price objective on shares of Aurora Innovation from $6.00 to $4.00 and set a "neutral" rating for the company in a report on Wednesday. UBS Group reaffirmed an "underperform" rating on shares of Aurora Innovation in a research report on Wednesday, October 29th. Oppenheimer reaffirmed an "outperform" rating and set a $15.00 target price on shares of Aurora Innovation in a research report on Wednesday, October 29th. Cowen restated a "hold" rating on shares of Aurora Innovation in a research report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Aurora Innovation in a research report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Aurora Innovation currently has an average rating of "Hold" and a consensus target price of $10.06.
View Our Latest Stock Report on Aurora Innovation
Institutional Investors Weigh In On Aurora Innovation
Several large investors have recently modified their holdings of AUR. Liontrust Investment Partners LLP acquired a new position in shares of Aurora Innovation in the 3rd quarter worth approximately $3,731,000. CIBC Bancorp USA Inc. bought a new stake in Aurora Innovation in the third quarter valued at $298,000. Danske Bank A S bought a new stake in Aurora Innovation in the third quarter valued at $36,000. Jasper Ridge Partners L.P. raised its stake in Aurora Innovation by 8.7% during the third quarter. Jasper Ridge Partners L.P. now owns 2,020,513 shares of the company's stock worth $10,891,000 after acquiring an additional 162,337 shares in the last quarter. Finally, Kestra Private Wealth Services LLC bought a new position in shares of Aurora Innovation during the third quarter valued at $55,000. 44.71% of the stock is currently owned by institutional investors.
Aurora Innovation Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
