Harvest Fund Management Co. Ltd acquired a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 48,253 shares of the company's stock, valued at approximately $309,000.
Other large investors also recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Aurora Innovation by 9.9% during the 3rd quarter. Victory Capital Management Inc. now owns 112,291 shares of the company's stock worth $665,000 after purchasing an additional 10,092 shares in the last quarter. Swiss National Bank increased its position in Aurora Innovation by 7.9% during the third quarter. Swiss National Bank now owns 1,504,400 shares of the company's stock worth $8,906,000 after buying an additional 109,500 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of Aurora Innovation in the third quarter worth $1,071,000. Charles Schwab Investment Management Inc. lifted its position in shares of Aurora Innovation by 26.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 8,424,827 shares of the company's stock valued at $49,875,000 after acquiring an additional 1,776,513 shares in the last quarter. Finally, Citigroup Inc. increased its position in Aurora Innovation by 229.4% during the 3rd quarter. Citigroup Inc. now owns 705,181 shares of the company's stock worth $4,175,000 after purchasing an additional 491,125 shares in the last quarter. Institutional investors and hedge funds own 44.71% of the company's stock.
Aurora Innovation Stock Performance
Shares of NASDAQ:AUR traded down $0.71 during trading on Wednesday, reaching $7.12. 10,798,209 shares of the stock were exchanged, compared to its average volume of 11,087,152. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $10.77. The firm's 50-day moving average price is $7.26 and its 200 day moving average price is $6.55. The firm has a market cap of $12.39 billion, a price-to-earnings ratio of -15.15 and a beta of 2.82.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) earnings per share (EPS) for the quarter. As a group, equities research analysts forecast that Aurora Innovation, Inc. will post -0.49 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms have issued reports on AUR. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $10.00 price target on shares of Aurora Innovation in a research note on Thursday, February 13th. TD Cowen initiated coverage on shares of Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 target price on the stock. Morgan Stanley initiated coverage on Aurora Innovation in a research note on Monday, March 3rd. They set an "overweight" rating and a $12.00 price target on the stock. Canaccord Genuity Group lifted their price objective on Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. Finally, Evercore ISI raised 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Aurora Innovation currently has a consensus rating of "Hold" and a consensus target price of $8.08.
Read Our Latest Stock Report on AUR
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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