Algert Global LLC raised its holdings in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 72.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 265,921 shares of the company's stock after purchasing an additional 112,131 shares during the quarter. Algert Global LLC's holdings in Aurora Innovation were worth $737,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its holdings in Aurora Innovation by 91.9% in the 4th quarter. Parallel Advisors LLC now owns 7,100 shares of the company's stock valued at $31,000 after purchasing an additional 3,400 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Aurora Innovation during the 2nd quarter valued at approximately $30,000. Profund Advisors LLC acquired a new stake in shares of Aurora Innovation during the 2nd quarter valued at approximately $46,000. Empowered Funds LLC lifted its position 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. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Aurora Innovation during the 2nd quarter valued at approximately $51,000. Hedge funds and other institutional investors own 44.71% of the company's stock.
Aurora Innovation Stock Up 6.9 %
Shares of Aurora Innovation stock traded up $0.36 during trading on Friday, hitting $5.55. 6,712,265 shares of the company were exchanged, compared to its average volume of 9,381,798. Aurora Innovation, Inc. has a fifty-two week low of $1.60 and a fifty-two week high of $6.79. The stock has a market capitalization of $8.71 billion, a price-to-earnings ratio of -10.09 and a beta of 2.80. The firm has a 50 day moving average price of $4.44 and a 200 day moving average price of $3.47.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.01.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reiterated a "buy" rating and set a $7.00 price target on shares of Aurora Innovation in a research report on Monday, September 30th.
Get Our Latest Stock Report on AUR
Aurora Innovation Company 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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