Aurora Innovation, Inc. $AUR Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers boosted its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 263.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,484 shares of the company’s stock after buying an additional 48,895 shares during the period. Cetera Investment Advisers’ holdings in Aurora Innovation were worth $454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Aurora Innovation during the 1st quarter valued at about $32,000. Signaturefd LLC grew its stake in Aurora Innovation by 208.0% during the 1st quarter. Signaturefd LLC now owns 5,283 shares of the company’s stock valued at $36,000 after purchasing an additional 3,568 shares during the last quarter. GAMMA Investing LLC grew its stake in Aurora Innovation by 147.3% during the 1st quarter. GAMMA Investing LLC now owns 5,922 shares of the company’s stock valued at $40,000 after purchasing an additional 3,527 shares during the last quarter. Bank of Montreal Can purchased a new stake in Aurora Innovation during the 4th quarter valued at about $66,000. Finally, Retirement Planning Group LLC purchased a new stake in Aurora Innovation during the 1st quarter valued at about $70,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Gloria R. Boyland sold 46,097 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $5.92, for a total value of $272,894.24. Following the sale, the director owned 330,425 shares in the company, valued at $1,956,116. This represents a 12.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John J. Donahoe bought 162,337 shares of the stock in a transaction on Wednesday, August 6th. The shares were bought at an average price of $6.10 per share, for a total transaction of $990,255.70. Following the acquisition, the director owned 162,337 shares in the company, valued at $990,255.70. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 11.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AUR. Needham & Company LLC increased their target price on shares of Aurora Innovation from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Canaccord Genuity Group raised their price objective on Aurora Innovation from $10.00 to $15.00 and gave the company a “buy” rating in a report on Friday, May 2nd. Finally, The Goldman Sachs Group raised their price objective on Aurora Innovation from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Monday, May 12th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.75.

Aurora Innovation Stock Down 2.6%

Shares of NASDAQ AUR opened at $6.39 on Monday. The stock has a market cap of $11.79 billion, a PE ratio of -13.60 and a beta of 2.49. Aurora Innovation, Inc. has a 52-week low of $3.40 and a 52-week high of $10.77. The business has a 50-day moving average price of $5.77 and a 200 day moving average price of $6.49.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Wednesday, July 30th. The company reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The company had revenue of $1.00 million for the quarter, compared to analyst estimates of $0.50 million. Sell-side analysts anticipate that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

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.