Fox Run Management L.L.C. Purchases Shares of 21,723 Aurora Innovation, Inc. $AUR

Fox Run Management L.L.C. acquired a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) in the second quarter, Holdings Channel reports. The fund acquired 21,723 shares of the company’s stock, valued at approximately $114,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC raised its position in Aurora Innovation by 208.0% in the first quarter. Signaturefd LLC now owns 5,283 shares of the company’s stock worth $36,000 after purchasing an additional 3,568 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Aurora Innovation by 463.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,616 shares of the company’s stock worth $40,000 after buying an additional 6,264 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Aurora Innovation by 37.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,683 shares of the company’s stock worth $52,000 after buying an additional 2,085 shares during the period. Autumn Glory Partners LLC acquired a new stake in Aurora Innovation in the 2nd quarter valued at $52,000. Finally, Summit Securities Group LLC grew its position in Aurora Innovation by 467.8% in the first quarter. Summit Securities Group LLC now owns 10,073 shares of the company’s stock valued at $68,000 after acquiring an additional 8,299 shares during the period. Institutional investors own 44.71% of the company’s stock.

Aurora Innovation Trading Down 0.7%

Shares of AUR stock opened at $4.13 on Friday. Aurora Innovation, Inc. has a 1 year low of $3.99 and a 1 year high of $10.77. The firm’s 50 day moving average is $5.26 and its 200-day moving average is $5.77. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of -9.18 and a beta of 2.44.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Tuesday, October 28th. The company reported ($0.11) earnings per share for the quarter, topping 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 $1.23 million. During the same quarter last year, the firm earned ($0.13) EPS. On average, equities research analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

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 stock was sold at an average price of $5.39, for a total value of $269,500.00. Following the transaction, the director owned 398,372 shares in the company, valued at $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 at the SEC website. 11.85% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on AUR shares. UBS Group reissued an “underperform” rating on shares of Aurora Innovation in a report on Wednesday, October 29th. Oppenheimer reissued an “outperform” rating and set a $15.00 price target on shares of Aurora Innovation in a report on Wednesday, October 29th. TD Cowen decreased their price objective on shares of Aurora Innovation from $7.40 to $5.50 and set a “hold” rating on the stock in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aurora Innovation in a report on Wednesday, October 8th. Finally, Cowen reissued a “hold” rating on shares of Aurora Innovation in a report on Thursday, October 30th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.44.

Aurora Innovation 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.