AQR Capital Management LLC Sells 49,687 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

AQR Capital Management LLC decreased its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 30.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 111,159 shares of the company’s stock after selling 49,687 shares during the period. AQR Capital Management LLC’s holdings in Aurora Innovation were worth $308,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Aurora Innovation by 5.9% during the fourth quarter. Vanguard Group Inc. now owns 83,516,588 shares of the company’s stock worth $364,967,000 after purchasing an additional 4,625,559 shares during the last quarter. Baillie Gifford & Co. lifted its stake in Aurora Innovation by 20.7% during the first quarter. Baillie Gifford & Co. now owns 40,596,568 shares of the company’s stock worth $114,482,000 after purchasing an additional 6,962,404 shares during the last quarter. Empowered Funds LLC lifted its stake in 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. Swiss National Bank lifted its stake in Aurora Innovation by 15.2% during the first quarter. Swiss National Bank now owns 1,355,500 shares of the company’s stock worth $3,823,000 after purchasing an additional 178,900 shares during the last quarter. Finally, ProShare Advisors LLC lifted its stake in Aurora Innovation by 14.5% during the first quarter. ProShare Advisors LLC now owns 64,179 shares of the company’s stock worth $181,000 after purchasing an additional 8,142 shares during the last quarter. Institutional investors own 44.71% of the company’s stock.

Aurora Innovation Price Performance

Shares of NASDAQ:AUR opened at $6.22 on Thursday. Aurora Innovation, Inc. has a 1 year low of $1.60 and a 1 year high of $6.79. The company has a market cap of $9.66 billion, a PE ratio of -11.31 and a beta of 2.80. The stock’s 50-day moving average is $4.74 and its 200 day moving average is $3.64.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $7.00 price target on shares of Aurora Innovation in a research note on Monday, September 30th. Evercore ISI boosted their target price on Aurora Innovation from $3.00 to $5.00 and gave the company an “in-line” rating in a research note on Monday.

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.