Mitsubishi UFJ Asset Management Co. Ltd. trimmed its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR – Free Report) by 15.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,332,921 shares of the company’s stock after selling 237,421 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.09% of Aurora Innovation worth $5,825,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in Aurora Innovation in the 4th quarter valued at about $41,000. ASB Consultores LLC purchased a new position in Aurora Innovation in the third quarter worth approximately $44,000. Algert Global LLC acquired a new position in Aurora Innovation during the 3rd quarter worth approximately $67,000. Industry Ventures L.L.C. purchased a new stake in shares of Aurora Innovation in the 4th quarter valued at approximately $69,000. Finally, Nisa Investment Advisors LLC raised its holdings in shares of 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 purchasing an additional 5,859 shares in the last quarter. 44.71% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, Director Reid Hoffman sold 45,600 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $3.16, for a total transaction of $144,096.00. Following the transaction, the director now directly owns 389,694 shares in the company, valued at $1,231,433.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold 1,975,849 shares of company stock worth $5,382,846 in the last quarter. 13.83% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of research firms have weighed in on AUR. Canaccord Genuity Group raised their price target on Aurora Innovation from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Friday, March 15th. TD Cowen decreased their target price on Aurora Innovation from $3.50 to $3.00 and set a “market perform” rating for the company in a research note on Friday, March 15th.
Check Out Our Latest Stock Analysis on AUR
Aurora Innovation Stock Down 1.1 %
Shares of AUR stock opened at $2.74 on Monday. The stock’s 50-day moving average is $2.84 and its two-hundred day moving average is $2.91. Aurora Innovation, Inc. has a 1 year low of $1.30 and a 1 year high of $4.81.
Aurora Innovation Company 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.
Recommended Stories
Want to see what other hedge funds are holding AUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aurora Innovation, Inc. (NASDAQ:AUR – Free Report).
Receive News & Ratings for Aurora Innovation Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Aurora Innovation and related companies with MarketBeat.com’s FREE daily email newsletter.