13,804 Shares in Aurora Innovation, Inc. $AUR Bought by AssuredPartners Investment Advisors LLC

AssuredPartners Investment Advisors LLC purchased a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 13,804 shares of the company’s stock, valued at approximately $72,000.

A number of other large investors have also recently added to or reduced their stakes in AUR. Nuveen LLC acquired a new stake in Aurora Innovation in the first quarter valued at $17,152,000. Vanguard Group Inc. lifted its stake in Aurora Innovation by 2.1% in the first quarter. Vanguard Group Inc. now owns 115,413,401 shares of the company’s stock valued at $776,155,000 after acquiring an additional 2,392,995 shares during the last quarter. Durable Capital Partners LP lifted its stake in Aurora Innovation by 17.0% in the first quarter. Durable Capital Partners LP now owns 14,922,269 shares of the company’s stock valued at $100,352,000 after acquiring an additional 2,165,114 shares during the last quarter. Berkshire Capital Holdings Inc. acquired a new stake in Aurora Innovation in the first quarter valued at $10,273,000. Finally, Informed Momentum Co LLC acquired a new stake in Aurora Innovation in the first quarter valued at $2,763,000. Institutional investors and hedge funds own 44.71% of the company’s stock.

Insider Activity

In related news, Director Brittany Bagley sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $5.39, for a total transaction of $269,500.00. Following the transaction, the director directly owned 398,372 shares of the company’s stock, valued at approximately $2,147,225.08. This trade represents a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John J. Donahoe purchased 162,337 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were acquired at an average cost of $6.10 per share, for a total transaction of $990,255.70. Following the completion of the transaction, the director owned 162,337 shares of the company’s stock, valued at $990,255.70. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 11.85% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aurora Innovation in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Aurora Innovation presently has an average rating of “Hold” and an average price target of $10.75.

Aurora Innovation Price Performance

Shares of AUR opened at $5.12 on Friday. The firm has a market capitalization of $9.45 billion, a PE ratio of -10.89 and a beta of 2.45. The company’s 50-day moving average is $5.74 and its 200-day moving average is $5.98. Aurora Innovation, Inc. has a fifty-two week low of $4.75 and a fifty-two week high of $10.77.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings data on Wednesday, July 30th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.01. The company had revenue of $1.00 million during the quarter, compared to the consensus estimate of $0.50 million. Analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

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.