XTX Topco Ltd Has $1.20 Million Stock Position in Aurora Innovation, Inc. $AUR

Key Points

• XTX Topco Ltd increased its stake in Aurora by 530.3% in Q2, acquiring an additional 191,855 shares to hold 228,035 shares worth about $1.195 million.
• CEO Christopher Urmson purchased 258,000 shares at $3.88 on Nov. 25 for roughly $1.00 million, and insiders now own about 11.85% of the company.
• Institutions own 44.71% of Aurora — Vanguard alone holds 115.4 million shares (~$776.2M) — while analysts have a consensus "Hold" with an average target of $10.06; the stock's market cap is $8.14B and its 12‑month range is $3.60–$10.77.

XTX Topco Ltd lifted its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 530.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 228,035 shares of the company's stock after purchasing an additional 191,855 shares during the period. XTX Topco Ltd's holdings in Aurora Innovation were worth $1,195,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Nuveen LLC bought a new position in Aurora Innovation during the 1st quarter worth $17,152,000. Vanguard Group Inc. increased its stake in shares of Aurora Innovation by 2.1% in the first quarter. Vanguard Group Inc. now owns 115,413,401 shares of the company's stock valued at $776,155,000 after buying an additional 2,392,995 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Aurora Innovation by 54.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,170,556 shares of the company's stock valued at $32,334,000 after buying an additional 2,173,549 shares during the period. Durable Capital Partners LP raised its position in shares of 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 acquiring an additional 2,165,114 shares during the last quarter. Finally, Berkshire Capital Holdings Inc. acquired a new position in shares of Aurora Innovation in the first quarter worth approximately $10,273,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Aurora Innovation

In other news, CEO Christopher Urmson purchased 258,000 shares of the company's stock in a transaction that occurred on Tuesday, November 25th. The shares were acquired at an average cost of $3.88 per share, with a total value of $1,001,040.00. Following the purchase, the chief executive officer owned 258,000 shares in the company, valued at $1,001,040. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Brittany Bagley sold 50,000 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $5.39, for a total value of $269,500.00. Following the completion of the transaction, the director owned 398,372 shares in the company, valued at approximately $2,147,225.08. The trade was a 11.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 11.85% of the company's stock.

Aurora Innovation Stock Up 3.8%

Aurora Innovation stock opened at $4.21 on Friday. The company has a market capitalization of $8.14 billion, a PE ratio of -9.34 and a beta of 2.44. Aurora Innovation, Inc. has a 12-month low of $3.60 and a 12-month high of $10.77. The firm's fifty day moving average is $4.88 and its 200 day moving average is $5.51.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.01. The company had revenue of $1.00 million during the quarter, compared to the consensus estimate of $1.23 million. During the same period last year, the firm posted ($0.13) earnings per share. Sell-side analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AUR has been the subject of a number of recent analyst reports. TD Cowen decreased their target price on shares of Aurora Innovation from $7.40 to $5.50 and set a "hold" rating for the company in a research report on Thursday, October 30th. UBS Group reiterated an "underperform" rating on shares of Aurora Innovation in a research report on Wednesday, October 29th. Weiss Ratings reissued a "sell (d-)" rating on shares of Aurora Innovation in a research note on Wednesday, October 8th. Oppenheimer reaffirmed an "outperform" rating and set a $15.00 price target on shares of Aurora Innovation in a research report on Wednesday, October 29th. Finally, Cowen reiterated a "hold" rating on shares of Aurora Innovation in a report on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Aurora Innovation currently has a consensus rating of "Hold" and an average target price of $10.06.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.