Swiss National Bank Purchases 109,500 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Swiss National Bank lifted its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 7.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,400 shares of the company's stock after buying an additional 109,500 shares during the period. Swiss National Bank owned about 0.10% of Aurora Innovation worth $8,906,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Souders Financial Advisors bought a new position in shares of Aurora Innovation in the 3rd quarter valued at about $59,000. Sigma Planning Corp bought a new position in shares of Aurora Innovation in the third quarter valued at $63,000. Sequoia Financial Advisors LLC acquired a new stake in Aurora Innovation in the second quarter valued at $30,000. ASB Consultores LLC increased its stake in shares of Aurora Innovation by 24.0% during the 3rd quarter. ASB Consultores LLC now owns 15,955 shares of the company's stock worth $94,000 after purchasing an additional 3,088 shares during the last quarter. Finally, Profund Advisors LLC bought a new stake in shares of Aurora Innovation in the 2nd quarter valued at about $46,000. Institutional investors and hedge funds own 44.71% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on AUR. Canaccord Genuity Group restated a "buy" rating and issued a $7.00 price objective on shares of Aurora Innovation in a research note on Monday, September 30th. The Goldman Sachs Group raised their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the stock a "sell" rating in a research note on Monday, November 4th. TD Cowen upped their price target on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a "hold" rating in a research note on Thursday, October 31st. Finally, 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 research report on Monday, October 14th.

Insider Buying and Selling at Aurora Innovation

In other Aurora Innovation news, Director Reid Hoffman sold 3,500,000 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $5.58, for a total transaction of $19,530,000.00. Following the transaction, the director now owns 382,425 shares in the company, valued at $2,133,931.50. This trade represents a 90.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 8,746,667 shares of company stock valued at $48,243,337 in the last quarter. Company insiders own 13.83% of the company's stock.

Aurora Innovation Stock Performance

Shares of AUR stock traded down $0.04 on Monday, hitting $6.45. The company's stock had a trading volume of 15,179,675 shares, compared to its average volume of 8,973,330. Aurora Innovation, Inc. has a fifty-two week low of $2.06 and a fifty-two week high of $7.01. The company has a market capitalization of $11.08 billion, a PE ratio of -13.24 and a beta of 2.82. The stock's 50 day moving average is $5.75 and its 200-day moving average is $4.20.

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.