Souders Financial Advisors Invests $59,000 in Aurora Innovation, Inc. (NASDAQ:AUR)

Souders Financial Advisors purchased a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 10,000 shares of the company’s stock, valued at approximately $59,000.

Other large investors have also recently bought and sold shares of the company. Sterling Investment Advisors Ltd. acquired a new position in shares of Aurora Innovation in the third quarter valued at approximately $1,184,000. Vanguard Group Inc. increased its stake in Aurora Innovation by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 84,784,550 shares of the company’s stock valued at $239,092,000 after buying an additional 1,267,962 shares during the period. Creative Planning acquired a new position in Aurora Innovation in the 3rd quarter valued at $652,000. The Manufacturers Life Insurance Company lifted its stake in shares of Aurora Innovation by 67.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 500,535 shares of the company’s stock worth $1,386,000 after acquiring an additional 202,413 shares during the period. Finally, Empowered Funds LLC increased its stake in shares of Aurora Innovation by 44.1% during the first quarter. Empowered Funds LLC now owns 17,597 shares of the company’s stock worth $50,000 after acquiring an additional 5,386 shares during the period. Institutional investors and hedge funds own 44.71% of the company’s stock.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director Reid Hoffman sold 856,797 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $5.49, for a total value of $4,703,815.53. Following the sale, the director now owns 268,099 shares of the company’s stock, valued at $1,471,863.51. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 6,580,384 shares of company stock valued at $36,427,039 in the last 90 days. 13.83% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AUR shares. The Goldman Sachs Group lifted their price objective 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 reiterated a “buy” rating and issued a $7.00 price objective on shares of Aurora Innovation in a research report on Monday, September 30th. Evercore ISI boosted their target price on shares of Aurora Innovation from $3.00 to $5.00 and gave the stock an “in-line” rating in a research report on Monday, October 14th. Finally, TD Cowen increased their price target on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a report on Thursday, October 31st.

Aurora Innovation Stock Performance

AUR opened at $5.29 on Thursday. The company has a market cap of $9.09 billion, a price-to-earnings ratio of -10.80 and a beta of 2.82. Aurora Innovation, Inc. has a one year low of $1.90 and a one year high of $7.01. The business’s fifty day moving average is $5.53 and its two-hundred day moving average is $4.06.

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.