Creative Planning Invests $652,000 in Aurora Innovation, Inc. (NASDAQ:AUR)

Creative Planning bought a new stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 110,155 shares of the company's stock, valued at approximately $652,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in Aurora Innovation by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 84,784,550 shares of the company's stock worth $239,092,000 after buying an additional 1,267,962 shares during the period. Empowered Funds LLC grew its stake in shares of Aurora Innovation by 44.1% in the first quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock worth $50,000 after acquiring an additional 5,386 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Aurora Innovation by 67.9% during the second quarter. The Manufacturers Life Insurance Company now owns 500,535 shares of the company's stock worth $1,386,000 after acquiring an additional 202,413 shares during the period. Algert Global LLC raised its stake in shares of Aurora Innovation by 72.9% in the second quarter. Algert Global LLC now owns 265,921 shares of the company's stock valued at $737,000 after acquiring an additional 112,131 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Aurora Innovation by 45.3% in the first quarter. Janus Henderson Group PLC now owns 393,575 shares of the company's stock valued at $1,112,000 after purchasing an additional 122,630 shares during the period. 44.71% of the stock is currently owned by hedge funds and other institutional investors.

Aurora Innovation Stock Performance

AUR traded down $0.26 on Monday, hitting $5.55. 18,578,518 shares of the company were exchanged, compared to its average volume of 8,670,181. Aurora Innovation, Inc. has a fifty-two week low of $1.73 and a fifty-two week high of $7.01. The firm has a market capitalization of $8.71 billion, a P/E ratio of -10.98 and a beta of 2.82. The business's fifty day moving average is $5.36 and its 200 day moving average is $3.92.

Analyst Upgrades and Downgrades

AUR has been the subject of several recent analyst reports. TD Cowen lifted their price objective on shares of Aurora Innovation from $3.00 to $4.00 and gave the stock a "hold" rating in a research report on Thursday. Canaccord Genuity Group reiterated a "buy" rating and issued a $7.00 price objective on shares of Aurora Innovation in a report on Monday, September 30th. Evercore ISI raised their price objective on shares of Aurora Innovation from $3.00 to $5.00 and gave the stock an "in-line" rating in a report on Monday, October 14th. Finally, The Goldman Sachs Group upped their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a "sell" rating in a report on Monday.

About Aurora Innovation

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.