Farther Finance Advisors LLC Raises Holdings in Aurora Innovation, Inc. $AUR

Farther Finance Advisors LLC boosted its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 463.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,616 shares of the company’s stock after acquiring an additional 6,264 shares during the quarter. Farther Finance Advisors LLC’s holdings in Aurora Innovation were worth $40,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. GAMMA Investing LLC grew its holdings in shares of Aurora Innovation by 1,562.9% during the 1st quarter. GAMMA Investing LLC now owns 39,826 shares of the company’s stock worth $268,000 after purchasing an additional 37,431 shares during the period. Rhumbline Advisers lifted its position in Aurora Innovation by 1.8% in the first quarter. Rhumbline Advisers now owns 1,410,036 shares of the company’s stock valued at $9,482,000 after buying an additional 24,584 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Aurora Innovation during the first quarter worth about $32,000. Handelsbanken Fonder AB increased its position in shares of Aurora Innovation by 8.3% during the first quarter. Handelsbanken Fonder AB now owns 259,600 shares of the company’s stock valued at $1,746,000 after acquiring an additional 20,000 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its stake in shares of Aurora Innovation by 229.0% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 23,046 shares of the company’s stock valued at $155,000 after acquiring an additional 16,041 shares during the period. Institutional investors and hedge funds own 44.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aurora Innovation in a research report on Saturday, September 27th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $10.75.

Aurora Innovation Stock Up 2.6%

NASDAQ:AUR opened at $5.53 on Tuesday. Aurora Innovation, Inc. has a 52 week low of $4.75 and a 52 week high of $10.77. The company has a fifty day simple moving average of $5.85 and a two-hundred day simple moving average of $6.08. The company has a market cap of $10.20 billion, a price-to-earnings ratio of -11.77 and a beta of 2.45.

Aurora Innovation (NASDAQ:AUR) last released its earnings results on Wednesday, July 30th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.01. The company had revenue of $1.00 million during the quarter, compared to analysts’ expectations of $0.50 million. On average, analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director Brittany Bagley sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $5.39, for a total transaction of $269,500.00. Following the completion of the transaction, the director owned 398,372 shares in the company, valued at $2,147,225.08. The trade was a 11.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John J. Donahoe acquired 162,337 shares of the company’s stock in a transaction on Wednesday, August 6th. The stock was purchased at an average cost of $6.10 per share, for a total transaction of $990,255.70. Following the completion of the transaction, the director owned 162,337 shares in the company, valued at approximately $990,255.70. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 11.85% of the company’s stock.

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.