15,135 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,135 shares of the company’s stock, valued at approximately $95,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Nisa Investment Advisors LLC grew its position in Aurora Innovation by 441.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 108,937 shares of the company’s stock valued at $686,000 after acquiring an additional 88,821 shares during the last quarter. Breakwater Capital Group grew its position in Aurora Innovation by 79.9% in the fourth quarter. Breakwater Capital Group now owns 64,507 shares of the company’s stock valued at $406,000 after acquiring an additional 28,656 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Aurora Innovation by 7.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 172,129 shares of the company’s stock valued at $1,084,000 after acquiring an additional 11,870 shares during the last quarter. Everence Capital Management Inc. bought a new position in Aurora Innovation in the fourth quarter valued at about $164,000. Finally, JPMorgan Chase & Co. grew its position in Aurora Innovation by 40.1% in the third quarter. JPMorgan Chase & Co. now owns 1,380,479 shares of the company’s stock valued at $8,172,000 after acquiring an additional 394,933 shares during the last quarter. Institutional investors own 44.71% of the company’s stock.

Insider Buying and Selling

In other Aurora Innovation news, Director Reid Hoffman sold 537,837 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $5.48, for a total value of $2,947,346.76. Following the transaction, the director now directly owns 286,247 shares of the company’s stock, valued at approximately $1,568,633.56. The trade was a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gloria R. Boyland sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total value of $189,000.00. Following the completion of the transaction, the director now directly owns 344,647 shares in the company, valued at approximately $2,171,276.10. This trade represents a 8.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.83% of the stock is owned by insiders.

Aurora Innovation Price Performance

Aurora Innovation stock opened at $9.42 on Friday. The stock’s 50 day moving average is $7.04 and its 200 day moving average is $5.80. The firm has a market cap of $16.19 billion, a P/E ratio of -19.22 and a beta of 2.85. Aurora Innovation, Inc. has a one year low of $2.10 and a one year high of $9.83.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. Equities analysts anticipate that Aurora Innovation, Inc. will post -0.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AUR. Cantor Fitzgerald reiterated an “overweight” rating and issued a $10.00 target price on shares of Aurora Innovation in a research report on Thursday. Canaccord Genuity Group boosted their price target on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Wolfe Research began coverage on Aurora Innovation in a report on Tuesday, November 26th. They set a “peer perform” rating on the stock. TD Cowen boosted their price target on Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Finally, The Goldman Sachs Group boosted their price target on Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Aurora Innovation has an average rating of “Hold” and a consensus price target of $6.30.

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.