Baillie Gifford & Co. Has $510.33 Million Stock Holdings in Aurora Innovation, Inc. (NASDAQ:AUR)

Baillie Gifford & Co. lowered its stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,004,628 shares of the company's stock after selling 3,900,019 shares during the quarter. Baillie Gifford & Co. owned approximately 4.71% of Aurora Innovation worth $510,329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Amalgamated Bank increased its stake in Aurora Innovation by 10.0% in the 3rd quarter. Amalgamated Bank now owns 32,006 shares of the company's stock worth $189,000 after purchasing an additional 2,913 shares in the last quarter. ASB Consultores LLC lifted its stake in Aurora Innovation by 24.0% in the 3rd quarter. ASB Consultores LLC now owns 15,955 shares of the company's stock worth $94,000 after acquiring an additional 3,088 shares in the last quarter. Glenmede Trust Co. NA boosted its position in Aurora Innovation by 14.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 31,779 shares of the company's stock worth $188,000 after acquiring an additional 4,054 shares during the period. Kingsview Wealth Management LLC boosted its position in Aurora Innovation by 3.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 136,408 shares of the company's stock worth $859,000 after acquiring an additional 4,154 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its position in Aurora Innovation by 241.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company's stock worth $44,000 after acquiring an additional 4,955 shares during the period. Hedge funds and other institutional investors own 44.71% of the company's stock.

Insider Transactions at Aurora Innovation

In other news, Director Gloria R. Boyland sold 30,000 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $6.30, for a total value of $189,000.00. Following the sale, the director now directly owns 344,647 shares in the company, valued at approximately $2,171,276.10. This represents a 8.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 13.83% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on AUR. Canaccord Genuity Group raised their price objective on Aurora Innovation from $7.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, January 8th. The Goldman Sachs Group lifted their price objective on Aurora Innovation from $2.00 to $2.50 and gave the company a "sell" rating in a research report on Monday, November 4th. TD Cowen lifted their price objective on Aurora Innovation from $3.00 to $4.00 and gave the company a "hold" rating in a research report on Thursday, October 31st. Cantor Fitzgerald reissued an "overweight" rating and set a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. Finally, Wolfe Research began coverage on Aurora Innovation in a research report on Tuesday, November 26th. They set a "peer perform" rating for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $6.50.

Aurora Innovation Stock Down 7.0 %

Shares of NASDAQ:AUR traded down $0.63 on Thursday, reaching $8.31. The company had a trading volume of 14,579,338 shares, compared to its average volume of 16,646,627. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The stock has a 50-day moving average price of $7.28 and a 200 day moving average price of $6.01. The stock has a market capitalization of $14.28 billion, a P/E ratio of -17.68 and a beta of 2.85.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, sell-side analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

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.