Baillie Gifford & Co. Has $510.33 Million Holdings in Aurora Innovation, Inc. (NASDAQ:AUR)

Baillie Gifford & Co. reduced its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,004,628 shares of the company’s stock after selling 3,900,019 shares during the quarter. Baillie Gifford & Co.’s holdings in Aurora Innovation were worth $510,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its holdings in shares of Aurora Innovation by 241.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock worth $44,000 after acquiring an additional 4,955 shares in the last quarter. Souders Financial Advisors acquired a new position in shares of Aurora Innovation in the 3rd quarter worth approximately $59,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Aurora Innovation in the 3rd quarter worth approximately $60,000. Sigma Planning Corp acquired a new position in shares of Aurora Innovation in the 3rd quarter worth approximately $63,000. Finally, Reynders McVeigh Capital Management LLC acquired a new position in shares of Aurora Innovation in the 3rd quarter worth approximately $63,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. TD Cowen upped their price objective on Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Wolfe Research assumed coverage on Aurora Innovation in a report on Tuesday, November 26th. They set a “peer perform” rating on the stock. Canaccord Genuity Group upped their price objective on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $10.00 price objective on shares of Aurora Innovation in a report on Thursday. Finally, The Goldman Sachs Group upped their price objective on Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Aurora Innovation presently has an average rating of “Hold” and a consensus target price of $6.30.

Aurora Innovation Trading Up 8.2 %

Shares of Aurora Innovation stock opened at $10.19 on Monday. The firm has a fifty day moving average of $7.14 and a two-hundred day moving average of $5.89. Aurora Innovation, Inc. has a 52 week low of $2.10 and a 52 week high of $10.77.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. Sell-side analysts predict that Aurora Innovation, Inc. will post -0.47 earnings per share for the current year.

Insider Activity at Aurora Innovation

In related news, Director Gloria R. Boyland sold 30,000 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total value of $189,000.00. Following the completion of the sale, the director now owns 344,647 shares in the company, valued at $2,171,276.10. This represents a 8.01 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 13.83% of the stock is owned by corporate 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.