Amundi Buys 470,856 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Amundi grew its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 37.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,741,232 shares of the company's stock after acquiring an additional 470,856 shares during the period. Amundi owned about 0.10% of Aurora Innovation worth $10,970,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC grew its holdings in shares of Aurora Innovation by 241.7% during 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 during the period. Grimes & Company Inc. purchased a new position in shares of Aurora Innovation during the 4th quarter worth approximately $63,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Aurora Innovation during the 3rd quarter worth approximately $60,000. Yousif Capital Management LLC purchased a new position in shares of Aurora Innovation during the 4th quarter worth approximately $65,000. Finally, Reynders McVeigh Capital Management LLC purchased a new position in shares of Aurora Innovation during the 3rd quarter worth approximately $63,000. Hedge funds and other institutional investors own 44.71% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on AUR shares. Canaccord Genuity Group upped their price target on Aurora Innovation from $7.00 to $10.00 and gave the stock a "buy" rating in a research note on Wednesday, January 8th. Cantor Fitzgerald restated an "overweight" rating and issued a $10.00 price target on shares of Aurora Innovation in a research note on Thursday, February 13th. Morgan Stanley started coverage on Aurora Innovation in a research note on Monday, March 3rd. They issued an "overweight" rating and a $12.00 price target on the stock. Evercore ISI upped their price target on Aurora Innovation from $5.00 to $6.00 and gave the stock an "in-line" rating in a research note on Tuesday, February 18th. Finally, Wolfe Research started coverage on Aurora Innovation in a research note on Tuesday, November 26th. They issued a "peer perform" rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $8.08.

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Aurora Innovation Stock Performance

Shares of NASDAQ AUR traded down $0.03 during midday trading on Tuesday, hitting $6.94. 9,481,000 shares of the stock traded hands, compared to its average volume of 10,995,891. The firm has a 50-day moving average of $7.26 and a two-hundred day moving average of $6.42. The firm has a market capitalization of $12.08 billion, a P/E ratio of -14.77 and a beta of 2.82. Aurora Innovation, Inc. has a one year low of $2.10 and a one year high of $10.77.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. Equities analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

Aurora Innovation Company 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.