Swiss National Bank Acquires 335,000 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Swiss National Bank raised its position in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 22.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,839,400 shares of the company's stock after purchasing an additional 335,000 shares during the quarter. Swiss National Bank owned 0.11% of Aurora Innovation worth $11,588,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Avantax Advisory Services Inc. bought a new stake in shares of Aurora Innovation in the fourth quarter worth $65,000. Clare Market Investments LLC bought a new stake in Aurora Innovation during the 4th quarter worth about $4,110,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Aurora Innovation by 26.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 248,252 shares of the company's stock worth $1,564,000 after buying an additional 52,634 shares during the last quarter. Amundi grew its holdings in shares of Aurora Innovation by 37.1% in the 4th quarter. Amundi now owns 1,741,232 shares of the company's stock valued at $10,970,000 after acquiring an additional 470,856 shares in the last quarter. Finally, Permanent Capital Management LP acquired a new stake in shares of Aurora Innovation in the fourth quarter valued at about $3,781,000. 44.71% of the stock is currently owned by institutional investors.

Aurora Innovation Stock Up 5.7 %

Shares of NASDAQ AUR traded up $0.41 during mid-day trading on Monday, reaching $7.64. 9,107,851 shares of the company were exchanged, compared to its average volume of 11,045,340. The stock has a market capitalization of $13.30 billion, a P/E ratio of -16.26 and a beta of 2.82. The company's 50-day simple moving average is $7.20 and its 200-day simple moving average is $6.49. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77.

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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. As a group, equities research analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Evercore ISI increased their price target on Aurora Innovation from $5.00 to $6.00 and gave the company an "in-line" rating in a research report on Tuesday, February 18th. Morgan Stanley began coverage on shares of Aurora Innovation in a report on Monday, March 3rd. They set an "overweight" rating and a $12.00 target price on the stock. Wolfe Research started coverage on shares of Aurora Innovation in a research report on Tuesday, November 26th. They set a "peer perform" rating on the stock. Canaccord Genuity Group lifted their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. Finally, TD Cowen began coverage on shares of Aurora Innovation in a report on Friday, March 7th. They issued a "hold" rating and a $8.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $8.08.

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.