Victory Capital Management Inc. increased its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR – Free Report) by 31.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 93,896 shares of the company’s stock after purchasing an additional 22,428 shares during the quarter. Victory Capital Management Inc.’s holdings in Aurora Innovation were worth $410,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its holdings in Aurora Innovation by 51.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 17,140 shares of the company’s stock valued at $75,000 after buying an additional 5,859 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Aurora Innovation by 22.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 36,089 shares of the company’s stock valued at $85,000 after buying an additional 6,675 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in Aurora Innovation by 10.1% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 95,050 shares of the company’s stock worth $223,000 after acquiring an additional 8,700 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Aurora Innovation during the 4th quarter valued at about $41,000. Finally, Daiwa Securities Group Inc. lifted its position in Aurora Innovation by 42.1% in the fourth quarter. Daiwa Securities Group Inc. now owns 33,128 shares of the company’s stock valued at $145,000 after purchasing an additional 9,820 shares during the last quarter. 44.71% of the stock is currently owned by institutional investors and hedge funds.
Aurora Innovation Trading Down 4.7 %
NASDAQ AUR opened at $2.46 on Friday. The stock has a market cap of $3.82 billion, a PE ratio of -4.47 and a beta of 2.85. The stock has a fifty day simple moving average of $2.87 and a 200-day simple moving average of $2.91. Aurora Innovation, Inc. has a twelve month low of $1.30 and a twelve month high of $4.81.
Insider Activity
In other Aurora Innovation news, Director Reid Hoffman sold 45,600 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $3.16, for a total transaction of $144,096.00. Following the transaction, the director now owns 389,694 shares of the company’s stock, valued at approximately $1,231,433.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 1,975,849 shares of company stock worth $5,382,846. 13.83% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
AUR has been the topic of a number of recent analyst reports. Canaccord Genuity Group increased their price target on shares of Aurora Innovation from $5.50 to $6.00 and gave the company a “buy” rating in a report on Friday, March 15th. TD Cowen reduced their target price on shares of Aurora Innovation from $3.50 to $3.00 and set a “market perform” rating on the stock in a research note on Friday, March 15th.
Check Out Our Latest Stock Analysis on AUR
Aurora Innovation Profile
(Free Report)
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.
See Also
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