Permanent Capital Reduces AUR Stake by 1.15M Shares, Valuation Drops by $8.3M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
0mins
Source: NASDAQ.COM
- Significant Stake Reduction: On January 7, 2026, Permanent Capital Management disclosed the sale of 1,154,317 shares of Aurora Innovation, with an estimated transaction value of $5.3 million, reflecting a 45.3% decline in the company's stock price over the past year.
- Declining Position Value: By quarter-end, the value of Aurora's holdings decreased by $8.3 million, with the position now accounting for only 1.0% of the fund's assets under management, down from 2.5% in the previous quarter, indicating waning investor confidence.
- Poor Financial Performance: Aurora generated only $2 million in revenue over the last 12 months and reported a net loss of $803 million, highlighting significant challenges in its business model that may lead to further institutional sell-offs.
- Underperformance in the Market: Aurora's stock has underperformed the S&P 500 by 45.2 percentage points over the past year, suggesting a lack of competitiveness in the self-driving technology sector, which could hinder future financing and market support.
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Analyst Views on AUR
Wall Street analysts forecast AUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AUR is 10.36 USD with a low forecast of 4.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 4.500
Low
4.00
Averages
10.36
High
15.00
Current: 4.500
Low
4.00
Averages
10.36
High
15.00
About AUR
Aurora Innovation, Inc. develops the Aurora Driver, which is designed as a platform to adapt and interoperate among a multitude of vehicle types and applications. The Aurora Driver is an advanced and scalable suite of self-driving hardware, software, and data services to transform the global transportation market. The Company has integrated the Aurora Driver into numerous different vehicle platforms designed to meet its requirements: from passenger vehicles to light commercial vehicles to Class 8 trucks. It intends to launch Aurora Driver for Freight, its driverless trucking subscription service, as its first commercial product. Its second core market focuses on passenger mobility, initially targeting the ride hailing space with Aurora Driver for Rides, its driverless ride hailing subscription service. Its third core market is local goods delivery, which spans several sub-segments, including last-mile parcel and post, prepared food, grocery, and business-to-business (B2B) delivery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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