Bordeaux Wealth Advisors LLC Sells 92,100 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Bordeaux Wealth Advisors LLC decreased its stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 14.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 559,152 shares of the company’s stock after selling 92,100 shares during the period. Aurora Innovation comprises 0.8% of Bordeaux Wealth Advisors LLC’s portfolio, making the stock its 20th largest holding. Bordeaux Wealth Advisors LLC’s holdings in Aurora Innovation were worth $2,443,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AUR. Nisa Investment Advisors LLC raised its position in Aurora Innovation by 51.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 17,140 shares of the company’s stock worth $75,000 after acquiring an additional 5,859 shares during the period. Commonwealth Equity Services LLC raised its position in Aurora Innovation by 22.7% in the third quarter. Commonwealth Equity Services LLC now owns 36,089 shares of the company’s stock worth $85,000 after acquiring an additional 6,675 shares during the period. State Board of Administration of Florida Retirement System raised its position in Aurora Innovation by 10.1% in the third quarter. State Board of Administration of Florida Retirement System now owns 95,050 shares of the company’s stock worth $223,000 after acquiring an additional 8,700 shares during the period. Headlands Technologies LLC bought a new position in Aurora Innovation in the fourth quarter worth approximately $41,000. Finally, Daiwa Securities Group Inc. raised its position in Aurora Innovation by 42.1% in the fourth quarter. Daiwa Securities Group Inc. now owns 33,128 shares of the company’s stock worth $145,000 after acquiring an additional 9,820 shares during the period. Institutional investors own 44.71% of the company’s stock.

Aurora Innovation Stock Performance

Shares of NASDAQ:AUR traded up $0.36 on Friday, reaching $3.29. The company’s stock had a trading volume of 14,777,458 shares, compared to its average volume of 6,908,367. Aurora Innovation, Inc. has a 52-week low of $1.30 and a 52-week high of $4.81. The company has a market cap of $5.05 billion, a P/E ratio of -5.39 and a beta of 2.85. The company has a 50-day simple moving average of $2.70 and a 200 day simple moving average of $2.80.

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. TD Cowen reduced their price objective 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 increased their price objective on shares of Aurora Innovation from $5.50 to $6.00 and gave the stock a “buy” rating in a research note on Friday, March 15th.

Insider Transactions at Aurora Innovation

In related news, Director Reid Hoffman sold 1,000,000 shares of Aurora Innovation stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $2.52, for a total transaction of $2,520,000.00. Following the completion of the sale, the director now owns 463,563 shares in the company, valued at approximately $1,168,178.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 13.83% of the company’s stock.

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.