Bleakley Financial Group LLC Invests $90,000 in Aurora Innovation, Inc. (NASDAQ:AUR)

Bleakley Financial Group LLC bought a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,307 shares of the company’s stock, valued at approximately $90,000.

Other institutional investors have also made changes to their positions in the company. GPS Wealth Strategies Group LLC boosted its holdings in Aurora Innovation by 241.7% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock valued at $44,000 after acquiring an additional 4,955 shares during the last quarter. Souders Financial Advisors acquired a new position in Aurora Innovation in the third quarter valued at about $59,000. Grimes & Company Inc. bought a new stake in shares of Aurora Innovation in the 4th quarter valued at about $63,000. Dynamic Technology Lab Private Ltd bought a new position in Aurora Innovation during the 3rd quarter worth approximately $60,000. Finally, Yousif Capital Management LLC bought a new stake in Aurora Innovation in the fourth quarter valued at approximately $65,000. 44.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Aurora Innovation

In other news, Director Gloria R. Boyland sold 30,000 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $6.30, for a total transaction of $189,000.00. Following the transaction, the director now owns 344,647 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Reid Hoffman sold 537,837 shares of Aurora Innovation stock in a transaction on Monday, November 18th. The stock was sold at an average price of $5.48, for a total value of $2,947,346.76. Following the sale, the director now directly owns 286,247 shares of the company’s stock, valued at $1,568,633.56. This represents a 65.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,014,883 shares of company stock worth $5,389,459 over the last 90 days. Company insiders own 13.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. TD Cowen raised their price objective on Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a research note on Thursday, October 31st. Wolfe Research started coverage on shares of Aurora Innovation in a report on Tuesday, November 26th. They issued a “peer perform” rating for the company. Cantor Fitzgerald initiated coverage on shares of Aurora Innovation in a research note on Tuesday, December 10th. They issued an “overweight” rating and a $10.00 target price for the company. The Goldman Sachs Group upped their price objective on Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Monday, November 4th. Finally, Canaccord Genuity Group boosted their target price on Aurora Innovation from $7.00 to $10.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $6.30.

Aurora Innovation Stock Performance

Shares of NASDAQ AUR opened at $6.45 on Thursday. Aurora Innovation, Inc. has a 52 week low of $2.10 and a 52 week high of $9.83. The stock has a market capitalization of $11.08 billion, a PE ratio of -13.16 and a beta of 2.85. The stock has a 50 day moving average price of $7.04 and a 200 day moving average price of $5.80.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. As a group, research analysts forecast that Aurora Innovation, Inc. will post -0.47 EPS for the current year.

Aurora Innovation 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 vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.