Geode Capital Management LLC increased its stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 2.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,374,230 shares of the company's stock after acquiring an additional 577,704 shares during the period. Geode Capital Management LLC owned about 1.36% of Aurora Innovation worth $147,292,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new position in Aurora Innovation during the fourth quarter worth about $45,772,000. State Street Corp boosted its stake in shares of Aurora Innovation by 15.2% during the 3rd quarter. State Street Corp now owns 22,183,252 shares of the company's stock worth $131,325,000 after acquiring an additional 2,920,653 shares during the period. Vanguard Group Inc. increased its holdings in shares of Aurora Innovation by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 113,020,406 shares of the company's stock worth $712,029,000 after acquiring an additional 2,687,191 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Aurora Innovation by 57.6% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,796,952 shares of the company's stock valued at $30,221,000 after acquiring an additional 1,753,757 shares during the period. Finally, Nikko Asset Management Americas Inc. lifted its holdings in Aurora Innovation by 57.6% during the 4th quarter. Nikko Asset Management Americas Inc. now owns 4,796,952 shares of the company's stock valued at $30,221,000 after purchasing an additional 1,753,757 shares during the last quarter. 44.71% of the stock is owned by institutional investors and hedge funds.
Aurora Innovation Price Performance
AUR traded down $0.20 on Friday, hitting $6.19. 12,308,546 shares of the stock were exchanged, compared to its average volume of 11,455,834. Aurora Innovation, Inc. has a 12 month low of $2.10 and a 12 month high of $10.77. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of -13.17 and a beta of 2.77. The business has a 50-day moving average of $7.15 and a two-hundred day moving average of $6.68.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. Equities research analysts expect that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.
Analysts Set New Price Targets
AUR has been the topic of several research analyst reports. Evercore ISI increased their price objective on shares of 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 Aurora Innovation in a research report on Monday, March 3rd. They issued an "overweight" rating and a $12.00 target price on the stock. 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. Oppenheimer began coverage on Aurora Innovation in a report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price objective on the stock. Finally, TD Cowen assumed coverage on shares of Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Aurora Innovation presently has an average rating of "Moderate Buy" and a consensus price target of $9.57.
View Our Latest Report on Aurora Innovation
About Aurora Innovation
(
Free Report)
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.
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