Aurora Innovation, Inc. (NASDAQ:AUR) Shares Bought by Arizona State Retirement System

Arizona State Retirement System boosted its position in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 22.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 271,196 shares of the company's stock after purchasing an additional 49,286 shares during the period. Arizona State Retirement System's holdings in Aurora Innovation were worth $1,709,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC boosted its position 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 valued at $44,000 after acquiring an additional 4,955 shares during the last quarter. Souders Financial Advisors bought a new stake in shares of Aurora Innovation in the 3rd quarter worth about $59,000. Grimes & Company Inc. purchased a new position in Aurora Innovation in the fourth quarter worth about $63,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Aurora Innovation in the 3rd quarter valued at approximately $60,000. Finally, Yousif Capital Management LLC bought a new position in shares of Aurora Innovation during the 4th quarter valued at approximately $65,000. 44.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

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Aurora Innovation Stock Up 11.3 %

Shares of NASDAQ:AUR traded up $0.71 during trading on Friday, hitting $6.97. 24,228,500 shares of the stock traded hands, compared to its average volume of 15,940,279. The company has a fifty day moving average price of $7.25 and a two-hundred day moving average price of $6.37. Aurora Innovation, Inc. has a 52-week low of $2.10 and a 52-week high of $10.77. The company has a market cap of $12.13 billion, a price-to-earnings ratio of -14.83 and a beta of 2.82.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, equities research analysts predict that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Aurora Innovation 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.