Swiss National Bank trimmed its stake in Aurora Innovation, Inc. (NASDAQ:AUR – Free Report) by 8.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,176,600 shares of the company’s stock after selling 113,300 shares during the quarter. Swiss National Bank’s holdings in Aurora Innovation were worth $5,142,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of AUR. Headlands Technologies LLC acquired a new stake in shares of Aurora Innovation in the 4th quarter worth about $41,000. Nisa Investment Advisors LLC increased its stake in shares of Aurora Innovation by 51.9% in the fourth 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 during the period. ASB Consultores LLC bought a new stake in shares of Aurora Innovation during the third quarter valued at approximately $44,000. WBH Advisory Inc. acquired a new position in shares of Aurora Innovation during the fourth quarter worth approximately $125,000. Finally, Algert Global LLC bought a new position in Aurora Innovation in the 3rd quarter worth approximately $67,000. Institutional investors and hedge funds own 44.71% of the company’s stock.
Wall Street Analyst Weigh In
AUR has been the subject of a number of analyst reports. Canaccord Genuity Group boosted their price target on Aurora Innovation from $5.50 to $6.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. TD Cowen cut their price objective 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.
View Our Latest Stock Report on Aurora Innovation
Aurora Innovation Price Performance
AUR opened at $2.74 on Friday. The business has a 50 day moving average price of $2.84 and a two-hundred day moving average price of $2.89. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of -4.98 and a beta of 2.85. Aurora Innovation, Inc. has a 1-year low of $1.30 and a 1-year high of $4.81.
Aurora Innovation (NASDAQ:AUR – Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The company reported ($0.13) earnings per share for the quarter.
Insiders Place Their Bets
In other news, Director Reid Hoffman sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $2.52, for a total transaction of $2,520,000.00. Following the completion of the transaction, the director now owns 463,563 shares in the company, valued at approximately $1,168,178.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 1,975,849 shares of company stock worth $5,382,846. 13.83% of the stock is owned by corporate insiders.
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.
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