Centiva Capital LP Sells 78,421 Shares of Aurora Cannabis Inc. (NASDAQ:ACB)

Centiva Capital LP trimmed its stake in shares of Aurora Cannabis Inc. (NASDAQ:ACB) by 63.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,564 shares of the company’s stock after selling 78,421 shares during the quarter. Centiva Capital LP owned 0.08% of Aurora Cannabis worth $268,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Headlands Technologies LLC grew its holdings in Aurora Cannabis by 98.8% during the 2nd quarter. Headlands Technologies LLC now owns 74,988 shares of the company’s stock worth $346,000 after acquiring an additional 37,269 shares during the last quarter. TD Asset Management Inc acquired a new stake in shares of Aurora Cannabis during the second quarter worth $255,000. Mackenzie Financial Corp bought a new stake in Aurora Cannabis in the second quarter valued at about $113,000. Baader Bank Aktiengesellschaft grew its position in shares of Aurora Cannabis by 121.1% during the 2nd quarter. Baader Bank Aktiengesellschaft now owns 22,789 shares of the company’s stock worth $100,000 after buying an additional 12,481 shares during the period. Finally, Toronto Dominion Bank raised its position in shares of Aurora Cannabis by 34,356.4% in the 2nd quarter. Toronto Dominion Bank now owns 18,951 shares of the company’s stock valued at $88,000 after acquiring an additional 18,896 shares during the period. 47.63% of the stock is currently owned by institutional investors.

Aurora Cannabis Price Performance

Shares of NASDAQ:ACB opened at $4.34 on Thursday. The company has a market cap of $238.01 million, a price-to-earnings ratio of -5.71 and a beta of 1.86. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.83 and a quick ratio of 1.88. The firm has a 50 day simple moving average of $5.05 and a 200 day simple moving average of $5.56. Aurora Cannabis Inc. has a one year low of $2.84 and a one year high of $9.35.

Wall Street Analyst Weigh In

Separately, TD Cowen initiated coverage on shares of Aurora Cannabis in a report on Wednesday. They set a “buy” rating on the stock.

Aurora Cannabis Company Profile

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.