Creative Planning Sells 159,547 Shares of Aurora Innovation, Inc. $AUR

Creative Planning lessened its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 49.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,152 shares of the company’s stock after selling 159,547 shares during the period. Creative Planning’s holdings in Aurora Innovation were worth $839,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. SG Americas Securities LLC raised its holdings in Aurora Innovation by 252.0% during the 2nd quarter. SG Americas Securities LLC now owns 68,460 shares of the company’s stock worth $359,000 after buying an additional 49,009 shares during the period. Evolution Wealth Advisors LLC acquired a new stake in shares of Aurora Innovation during the second quarter worth $52,000. Police & Firemen s Retirement System of New Jersey lifted its position in Aurora Innovation by 83.0% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 374,993 shares of the company’s stock valued at $1,965,000 after acquiring an additional 170,100 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Aurora Innovation by 116.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 16,624 shares of the company’s stock worth $87,000 after purchasing an additional 8,941 shares during the period. Finally, KBC Group NV increased its holdings in Aurora Innovation by 462.9% during the 2nd quarter. KBC Group NV now owns 234,437 shares of the company’s stock worth $1,228,000 after purchasing an additional 192,786 shares in the last quarter. 44.71% of the stock is owned by institutional investors.

Aurora Innovation Trading Down 4.8%

NASDAQ:AUR opened at $3.99 on Tuesday. The stock has a market capitalization of $7.72 billion, a PE ratio of -8.87 and a beta of 2.46. Aurora Innovation, Inc. has a 1-year low of $3.60 and a 1-year high of $10.77. The firm has a fifty day simple moving average of $4.84 and a 200 day simple moving average of $5.48.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly earnings results on Tuesday, October 28th. The company reported ($0.11) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.01. The firm had revenue of $1.00 million during the quarter, compared to analyst estimates of $1.23 million. During the same quarter in the prior year, the business earned ($0.13) EPS. On average, equities analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

Insider Transactions at Aurora Innovation

In related news, Director Brittany Bagley sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $5.39, for a total value of $269,500.00. Following the completion of the sale, the director directly owned 398,372 shares in the company, valued at approximately $2,147,225.08. This trade represents a 11.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Christopher Urmson purchased 258,000 shares of Aurora Innovation stock in a transaction that occurred on Tuesday, November 25th. The shares were acquired at an average price of $3.88 per share, with a total value of $1,001,040.00. Following the acquisition, the chief executive officer directly owned 258,000 shares of the company’s stock, valued at $1,001,040. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. 11.85% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. TD Cowen cut their price target on Aurora Innovation from $7.40 to $5.50 and set a “hold” rating on the stock in a report on Thursday, October 30th. UBS Group reissued an “underperform” rating on shares of Aurora Innovation in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aurora Innovation in a research report on Wednesday, October 8th. Cowen reaffirmed a “hold” rating on shares of Aurora Innovation in a research note on Thursday, October 30th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $15.00 price objective on shares of Aurora Innovation in a research report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $10.06.

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.