Legal & General Group Plc Has $6.27 Million Position in Aurora Innovation, Inc. (NASDAQ:AUR)

Legal & General Group Plc increased its position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 34.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 995,550 shares of the company's stock after acquiring an additional 257,489 shares during the quarter. Legal & General Group Plc owned about 0.06% of Aurora Innovation worth $6,272,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Aurora Innovation by 40.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,479 shares of the company's stock worth $8,172,000 after purchasing an additional 394,933 shares in the last quarter. Vanguard Group Inc. grew its stake in Aurora Innovation by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 113,020,406 shares of the company's stock worth $712,029,000 after buying an additional 2,687,191 shares in the last quarter. Swiss National Bank increased its holdings in Aurora Innovation by 22.3% in the 4th quarter. Swiss National Bank now owns 1,839,400 shares of the company's stock valued at $11,588,000 after buying an additional 335,000 shares during the period. ARK Investment Management LLC raised its position in shares of Aurora Innovation by 14.9% in the 4th quarter. ARK Investment Management LLC now owns 2,412,353 shares of the company's stock valued at $15,198,000 after buying an additional 312,144 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Aurora Innovation during the 4th quarter worth approximately $702,000. Institutional investors own 44.71% of the company's stock.

Aurora Innovation Stock Performance

Shares of NASDAQ:AUR traded up $0.18 during mid-day trading on Thursday, reaching $6.63. 2,068,535 shares of the company's stock were exchanged, compared to its average volume of 11,560,335. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The firm has a market capitalization of $11.55 billion, a price-to-earnings ratio of -14.07 and a beta of 2.77. The business's fifty day moving average price is $6.87 and its 200-day moving average price is $6.69.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on AUR. Oppenheimer assumed coverage on Aurora Innovation in a research note on Thursday, March 27th. They set an "outperform" rating and a $15.00 target price for the company. The Goldman Sachs Group raised Aurora Innovation from a "sell" rating to a "neutral" rating and raised their price objective for the company from $3.00 to $6.00 in a research note on Thursday, April 10th. Morgan Stanley started coverage on Aurora Innovation in a research note on Monday, March 3rd. They set an "overweight" rating and a $12.00 target price for the company. Needham & Company LLC started coverage on shares of Aurora Innovation in a research note on Tuesday, April 15th. They issued a "buy" rating and a $10.00 price target on the stock. Finally, TD Cowen started coverage on shares of Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price objective for the company. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $9.63.

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.