Barclays PLC Has $10.12 Million Position in Aurora Innovation, Inc. (NASDAQ:AUR)

Barclays PLC lifted its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 431.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,709,749 shares of the company’s stock after buying an additional 1,388,307 shares during the period. Barclays PLC owned about 0.10% of Aurora Innovation worth $10,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AUR. Nisa Investment Advisors LLC boosted its holdings in shares of Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock worth $54,000 after purchasing an additional 4,702 shares during the period. Baillie Gifford & Co. boosted its stake in shares of Aurora Innovation by 78.4% during the 2nd quarter. Baillie Gifford & Co. now owns 72,438,562 shares of the company’s stock valued at $200,655,000 after buying an additional 31,841,994 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Aurora Innovation by 273.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,190,426 shares of the company’s stock valued at $14,377,000 after acquiring an additional 3,800,901 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Aurora Innovation by 56.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 157,010 shares of the company’s stock worth $435,000 after acquiring an additional 56,874 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Aurora Innovation by 143.4% during the second quarter. Principal Financial Group Inc. now owns 99,270 shares of the company’s stock worth $275,000 after acquiring an additional 58,477 shares in the last quarter. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director Reid Hoffman sold 3,500,000 shares of Aurora Innovation stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $5.58, for a total value of $19,530,000.00. Following the transaction, the director now directly owns 382,425 shares of the company’s stock, valued at $2,133,931.50. The trade was a 90.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gloria R. Boyland sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $6.30, for a total value of $189,000.00. Following the transaction, the director now owns 344,647 shares of the company’s stock, 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. Over the last three months, insiders sold 8,776,667 shares of company stock worth $48,432,337. 13.83% of the stock is owned by insiders.

Analyst Ratings Changes

AUR has been the topic of a number of recent research reports. TD Cowen boosted their target price on Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. Evercore ISI increased their price objective on Aurora Innovation from $3.00 to $5.00 and gave the stock an “in-line” rating in a report on Monday, October 14th. Wolfe Research started coverage on shares of Aurora Innovation in a research note on Tuesday, November 26th. They issued a “peer perform” rating for the company. The Goldman Sachs Group boosted their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Monday, November 4th. Finally, Canaccord Genuity Group restated a “buy” rating and set a $7.00 price target on shares of Aurora Innovation in a report on Monday, September 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Aurora Innovation has a consensus rating of “Hold” and a consensus target price of $5.70.

Aurora Innovation Stock Up 14.6 %

Shares of Aurora Innovation stock opened at $7.99 on Tuesday. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $8.14. The stock has a 50 day moving average price of $6.14 and a two-hundred day moving average price of $4.62. The stock has a market capitalization of $13.73 billion, a P/E ratio of -16.31 and a beta of 2.86.

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.