ASB Consultores LLC Purchases 3,088 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

ASB Consultores LLC lifted its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 24.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,955 shares of the company’s stock after purchasing an additional 3,088 shares during the period. ASB Consultores LLC’s holdings in Aurora Innovation were worth $94,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AUR. Nisa Investment Advisors LLC grew its holdings in Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock valued at $54,000 after purchasing an additional 4,702 shares during the period. Empowered Funds LLC grew its stake in shares of Aurora Innovation by 44.1% during the 1st quarter. Empowered Funds LLC now owns 17,597 shares of the company’s stock valued at $50,000 after acquiring an additional 5,386 shares during the period. Victory Capital Management Inc. increased its holdings in Aurora Innovation by 8.1% in the 2nd quarter. Victory Capital Management Inc. now owns 102,199 shares of the company’s stock worth $283,000 after acquiring an additional 7,624 shares in the last quarter. American International Group Inc. raised its stake in Aurora Innovation by 4.6% during the 1st quarter. American International Group Inc. now owns 176,045 shares of the company’s stock worth $496,000 after acquiring an additional 7,773 shares during the period. Finally, ProShare Advisors LLC lifted its holdings in Aurora Innovation by 14.5% during the first quarter. ProShare Advisors LLC now owns 64,179 shares of the company’s stock valued at $181,000 after purchasing an additional 8,142 shares in the last quarter. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Aurora Innovation Stock Performance

Shares of NASDAQ AUR opened at $5.18 on Wednesday. The company has a market cap of $8.13 billion, a P/E ratio of -10.57 and a beta of 2.82. Aurora Innovation, Inc. has a 52-week low of $1.73 and a 52-week high of $7.01. The firm’s fifty day moving average is $5.40 and its two-hundred day moving average is $3.95.

Insider Transactions at Aurora Innovation

In other news, Director Reid Hoffman sold 1,393,874 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $5.45, for a total transaction of $7,596,613.30. Following the sale, the director now directly owns 672,425 shares of the company’s stock, valued at $3,664,716.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 13.83% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a “sell” rating in a research report on Monday. TD Cowen raised their price target on Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a report on Thursday, October 31st. Evercore ISI upped their price objective on Aurora Innovation from $3.00 to $5.00 and gave the stock an “in-line” rating in a research note on Monday, October 14th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $7.00 target price on shares of Aurora Innovation in a research report on Monday, September 30th.

Aurora Innovation Company Profile

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.