Moloney Securities Asset Management LLC Acquires Shares of 84,100 Aurora Innovation, Inc. $AUR

Moloney Securities Asset Management LLC purchased a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) in the second quarter, Holdings Channel.com reports. The firm purchased 84,100 shares of the company’s stock, valued at approximately $441,000.

A number of other institutional investors have also made changes to their positions in AUR. Signaturefd LLC raised its holdings in shares of Aurora Innovation by 208.0% in the first quarter. Signaturefd LLC now owns 5,283 shares of the company’s stock valued at $36,000 after buying an additional 3,568 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Aurora Innovation by 147.3% in the first quarter. GAMMA Investing LLC now owns 5,922 shares of the company’s stock valued at $40,000 after buying an additional 3,527 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Aurora Innovation by 463.3% in the second quarter. Farther Finance Advisors LLC now owns 7,616 shares of the company’s stock valued at $40,000 after buying an additional 6,264 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Aurora Innovation by 37.2% in the first quarter. PNC Financial Services Group Inc. now owns 7,683 shares of the company’s stock valued at $52,000 after buying an additional 2,085 shares during the last quarter. Finally, Autumn Glory Partners LLC bought a new position in shares of Aurora Innovation in the second quarter valued at about $52,000. 44.71% of the stock is owned by institutional investors.

Insider Activity

In other Aurora Innovation news, Director John J. Donahoe acquired 162,337 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were acquired at an average price of $6.10 per share, for a total transaction of $990,255.70. Following the acquisition, the director directly owned 162,337 shares of the company’s stock, valued at approximately $990,255.70. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Brittany Bagley sold 50,000 shares of Aurora Innovation 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 transaction, the director owned 398,372 shares in the company, valued at $2,147,225.08. This trade represents a 11.15% decrease in their position. The disclosure for this sale can be found here. Insiders own 11.85% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aurora Innovation in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Aurora Innovation currently has an average rating of “Hold” and a consensus target price of $10.75.

Aurora Innovation Stock Up 1.6%

Shares of AUR stock opened at $5.15 on Friday. The stock has a 50-day moving average price of $5.61 and a 200 day moving average price of $5.95. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of -10.96 and a beta of 2.45. Aurora Innovation, Inc. has a 12 month low of $4.75 and a 12 month high of $10.77.

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

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.