111 Capital Invests $165,000 in Aurora Innovation, Inc. $AUR

111 Capital purchased a new position in Aurora Innovation, Inc. (NASDAQ:AUR) during the second quarter, Holdings Channel.com reports. The firm purchased 31,534 shares of the company’s stock, valued at approximately $165,000.

A number of other hedge funds have also modified their holdings of AUR. Nuveen LLC acquired a new position in Aurora Innovation during the first quarter worth $17,152,000. Vanguard Group Inc. increased its position in Aurora Innovation by 2.1% during the first quarter. Vanguard Group Inc. now owns 115,413,401 shares of the company’s stock worth $776,155,000 after buying an additional 2,392,995 shares during the last quarter. Durable Capital Partners LP increased its position in Aurora Innovation by 17.0% during the first quarter. Durable Capital Partners LP now owns 14,922,269 shares of the company’s stock worth $100,352,000 after buying an additional 2,165,114 shares during the last quarter. Berkshire Capital Holdings Inc. acquired a new position in Aurora Innovation during the first quarter worth $10,273,000. Finally, Informed Momentum Co LLC acquired a new position in Aurora Innovation during the first quarter worth $2,763,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Aurora Innovation Stock Performance

NASDAQ AUR opened at $5.40 on Wednesday. The stock has a market cap of $9.96 billion, a PE ratio of -11.49 and a beta of 2.45. Aurora Innovation, Inc. has a twelve month low of $4.75 and a twelve month high of $10.77. The firm has a 50-day simple moving average of $5.84 and a 200 day simple moving average of $6.08.

Aurora Innovation (NASDAQ:AUR) last announced its quarterly earnings results on Wednesday, July 30th. The company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The business had revenue of $1.00 million for the quarter, compared to the consensus estimate of $0.50 million. Research analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director John J. Donahoe purchased 162,337 shares of the business’s stock in a transaction on Wednesday, August 6th. The stock was purchased at an average price of $6.10 per share, for a total transaction of $990,255.70. Following the completion of the purchase, the director directly owned 162,337 shares in the company, valued at approximately $990,255.70. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brittany Bagley sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $5.39, for a total transaction of $269,500.00. Following the transaction, the director owned 398,372 shares of the company’s stock, valued at approximately $2,147,225.08. This represents a 11.15% decrease in their position. The disclosure for this sale can be found here. 11.85% of the stock is owned by company insiders.

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.