The stock of Aurora Innovation Inc. (NASDAQ:AUR) last traded at $1.34, down -6.94% from the previous session.
Data from the available sources indicates that Aurora Innovation Inc. (NASDAQ:AUR) is covered by 3 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $1.25, we find $3.59. Given the previous closing price of $1.44, this indicates a potential upside of 149.31 percent. AUR stock price is now -3.33% away from the 50-day moving average and -23.32% away from the 200-day moving average. The market capitalization of the company currently stands at $1.66B.
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In total, 2 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $3.95 as their price target over the next twelve months.
In other news, Anderson Sterling, Director sold 93,304 shares of the company’s stock on Feb 03. The stock was sold for $194,511 at an average price of $2.08. Upon completion of the transaction, the Director now directly owns 2,244,235 shares in the company, valued at $3.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 02, Director Anderson Sterling sold 49,563 shares of the business’s stock. A total of $101,609 was realized by selling the stock at an average price of $2.05. This leaves the insider owning 253,497 shares of the company worth $0.34 million. Insiders disposed of 363,270 shares of company stock worth roughly $0.49 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AUR stock. A new stake in Aurora Innovation Inc. shares was purchased by SERENGETI ASSET MANAGEMENT LP during the first quarter worth $1,474,000. BALYASNY ASSET MANAGEMENT L.P. invested $421,000 in shares of AUR during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Aurora Innovation Inc. valued at approximately $303,000. UBS ASSET MANAGEMENT AMERICAS INC acquired a new stake in AUR for approximately $265,000. VERITION FUND MANAGEMENT LLC purchased a new stake in AUR valued at around $203,000 in the second quarter. In total, there are 143 active investors with 40.60% ownership of the company’s stock.
With an opening price of $1.4400 on Thursday morning, Aurora Innovation Inc. (NASDAQ: AUR) set off the trading day. During the past 12 months, Aurora Innovation Inc. has had a low of $1.10 and a high of $3.30. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 9.50, and a quick ratio of 9.50. The fifty day moving average price for AUR is $1.3860 and a two-hundred day moving average price translates $1.7420 for the stock.
The latest earnings results from Aurora Innovation Inc. (NASDAQ: AUR) was released for Mar, 2023. According to the Information Technology Services Company, earnings per share came in at -$0.16, beating analysts’ expectations of -$0.17 by 0.01. This compares to -$0.07 EPS in the same period last year.
Aurora Innovation Inc.(AUR) Company 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 passenger vehicles, light commercial vehicles, and trucks. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
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