ASB Consultores LLC Buys 3,088 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

ASB Consultores LLC boosted its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 24.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,955 shares of the company’s stock after buying an additional 3,088 shares during the quarter. ASB Consultores LLC’s holdings in Aurora Innovation were worth $94,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of AUR. Sequoia Financial Advisors LLC bought a new stake in shares of Aurora Innovation during the 2nd quarter worth approximately $30,000. Profund Advisors LLC purchased a new stake in Aurora Innovation in the second quarter worth $46,000. Empowered Funds LLC lifted its position in shares of Aurora Innovation by 44.1% during the first quarter. Empowered Funds LLC now owns 17,597 shares of the company’s stock worth $50,000 after purchasing an additional 5,386 shares during the last quarter. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Aurora Innovation during the second quarter valued at $51,000. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Aurora Innovation by 32.0% in the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock worth $54,000 after purchasing an additional 4,702 shares during the last quarter. Institutional investors own 44.71% of the company’s stock.

Insider Activity

In other Aurora Innovation news, Director Reid Hoffman sold 1,393,874 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $5.45, for a total transaction of $7,596,613.30. Following the sale, the director now owns 672,425 shares of the company’s stock, valued at approximately $3,664,716.25. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 13.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. TD Cowen lifted their price objective on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a report on Thursday, October 31st. The Goldman Sachs Group lifted their price target on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Monday. Canaccord Genuity Group reiterated a “buy” rating and issued a $7.00 price target on shares of Aurora Innovation in a report on Monday, September 30th. Finally, Evercore ISI raised their price objective on Aurora Innovation from $3.00 to $5.00 and gave the stock an “in-line” rating in a report on Monday, October 14th.

Aurora Innovation Stock Performance

NASDAQ AUR opened at $5.18 on Wednesday. Aurora Innovation, Inc. has a one year low of $1.73 and a one year high of $7.01. The company has a market capitalization of $8.13 billion, a price-to-earnings ratio of -10.57 and a beta of 2.82. The company’s 50-day simple moving average is $5.40 and its two-hundred day simple moving average is $3.95.

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.