In a filing, Aurora Innovation Inc revealed its Director Hoffman Reid unloaded Company’s shares for reported $0.14 million on May 15 ’24. In the deal valued at $3.16 per share,45,600 shares were sold. As a result of this transaction, Hoffman Reid now holds 389,694 shares worth roughly $1.08 million.
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Then, Hoffman Reid sold 1,013,781 shares, generating $3,132,076 in total proceeds. Upon selling the shares at $3.09, the Director now owns 391,974 shares.
Before that, Hoffman Reid sold 338,000 shares. Aurora Innovation Inc shares valued at $1,079,403 were divested by the Director at a price of $3.19 per share. As a result of the transaction, Hoffman Reid now holds 442,663 shares, worth roughly $1.23 million.
Goldman downgraded its Aurora Innovation Inc [AUR] rating to a Sell from a a Neutral in a research note published on January 03, 2024; the price target was increased to $2 from $1.75. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid September with a ‘”a Market perform”‘ rating. Evercore ISI began covering AUR with “an In-line” recommendation on September 12, 2023. Canaccord Genuity started covering the stock on June 07, 2023. It rated AUR as “a Buy”.
Price Performance Review of AUR
On Friday, Aurora Innovation Inc [NASDAQ:AUR] saw its stock jump 1.47% to $2.77. Over the last five days, the stock has gained 18.88%. Aurora Innovation Inc shares have fallen nearly -36.61% since the year began. Nevertheless, the stocks have risen 7.78% over the past one year. While a 52-week high of $4.81 was reached on 01/02/24, a 52-week low of $1.60 was recorded on 06/04/24. SMA at 50 days reached $2.69, while 200 days put it at $2.71. A total of 79.96 million shares were traded, compared to the trading of 10.36 million shares in the previous session.
Levels Of Support And Resistance For AUR Stock
The 24-hour chart illustrates a support level at 2.68, which if violated will result in even more drops to 2.60. On the upside, there is a resistance level at 2.84. A further resistance level may holdings at 2.92. The Relative Strength Index (RSI) on the 14-day chart is 59.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.29%. Stochastics%K at 87.21% indicates the stock is a selling.
The most recent change occurred on December 16, 2021 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $13 price target.
