Aurora Innovation Inc’s recently made public that its Director Hoffman Reid unloaded Company’s shares for reported $8.14 million on Nov 14 ’24. In the deal valued at $5.37 per share,1,515,117 shares were sold. As a result of this transaction, Hoffman Reid now holds 49,244 shares worth roughly $0.25 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Hoffman Reid sold 1,181,400 shares, generating $6,617,730 in total proceeds. Upon selling the shares at $5.60, the Director now owns 125,000 shares.
Before that, Hoffman Reid sold 447,046 shares. Aurora Innovation Inc shares valued at $2,254,051 were divested by the Director at a price of $5.04 per share. As a result of the transaction, Hoffman Reid now holds 26,892 shares, worth roughly $0.13 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 fall -7.25% to $4.99. Over the last five days, the stock has lost -11.05%. Aurora Innovation Inc shares have risen nearly 14.19% since the year began. Nevertheless, the stocks have risen 138.76% over the past one year. While a 52-week high of $7.01 was reached on 10/30/24, a 52-week low of $2.04 was recorded on 06/04/24. SMA at 50 days reached $5.58, while 200 days put it at $3.70.
Levels Of Support And Resistance For AUR Stock
The 24-hour chart illustrates a support level at 4.82, which if violated will result in even more drops to 4.66. On the upside, there is a resistance level at 5.28. A further resistance level may holdings at 5.58. The Relative Strength Index (RSI) on the 14-day chart is 40.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.36%. Stochastics %K at 20.84% indicates the stock is a holding.
How much short interest is there in Aurora Innovation Inc?
A steep rise in short interest was recorded in Aurora Innovation Inc stocks on 2024-10-31, dropping by -3.98 million shares to a total of 83.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 87.89 million shares. There was a decline of -4.74%, which implies that there is a negative sentiment for the stock.
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.
