Aurora Innovation, Inc. (NASDAQ:AUR) Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 42.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,128 shares of the company’s stock after buying an additional 9,820 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Aurora Innovation were worth $145,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in AUR. Willis Johnson & Associates Inc. acquired a new position in Aurora Innovation in the 3rd quarter valued at about $29,000. Simplicity Solutions LLC acquired a new position in Aurora Innovation in the 3rd quarter valued at about $33,000. ASB Consultores LLC acquired a new position in Aurora Innovation in the 3rd quarter valued at about $44,000. Algert Global LLC acquired a new position in Aurora Innovation in the 3rd quarter valued at about $67,000. Finally, Nisa Investment Advisors LLC raised its stake in Aurora Innovation by 51.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 17,140 shares of the company’s stock valued at $75,000 after purchasing an additional 5,859 shares during the last quarter. Institutional investors and hedge funds own 44.71% of the company’s stock.

Analyst Upgrades and Downgrades

AUR has been the subject of several analyst reports. TD Cowen cut their target price on shares of Aurora Innovation from $3.50 to $3.00 and set a “market perform” rating for the company in a research note on Friday, March 15th. Canaccord Genuity Group lifted their price target on Aurora Innovation from $5.50 to $6.00 and gave the company a “buy” rating in a report on Friday, March 15th. Finally, The Goldman Sachs Group cut Aurora Innovation from a “neutral” rating to a “sell” rating and lifted their price target for the company from $1.75 to $2.00 in a report on Wednesday, January 3rd.

Insider Transactions at Aurora Innovation

In other news, Director Reid Hoffman sold 592,249 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $2.77, for a total transaction of $1,640,529.73. Following the completion of the sale, the director now owns 648,563 shares in the company, valued at approximately $1,796,519.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 13.83% of the company’s stock.

Aurora Innovation Price Performance

AUR opened at $3.02 on Friday. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of -4.95 and a beta of 2.91. The business has a 50-day moving average of $2.68 and a two-hundred day moving average of $2.77. Aurora Innovation, Inc. has a 12 month low of $1.29 and a 12 month high of $4.81.

Aurora Innovation (NASDAQ:AUR) last issued its earnings results on Wednesday, February 14th. The company reported ($0.13) earnings per share (EPS) for the quarter.

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.