Rhumbline Advisers increased its stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,385,452 shares of the company's stock after acquiring an additional 68,674 shares during the period. Rhumbline Advisers owned approximately 0.08% of Aurora Innovation worth $8,728,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in AUR. Amalgamated Bank lifted its holdings in Aurora Innovation by 10.0% in the 3rd quarter. Amalgamated Bank now owns 32,006 shares of the company's stock valued at $189,000 after acquiring an additional 2,913 shares during the last quarter. ASB Consultores LLC lifted its stake in Aurora Innovation by 24.0% during the third quarter. ASB Consultores LLC now owns 15,955 shares of the company's stock valued at $94,000 after purchasing an additional 3,088 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in Aurora Innovation by 14.6% during the third quarter. Glenmede Trust Co. NA now owns 31,779 shares of the company's stock worth $188,000 after buying an additional 4,054 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Aurora Innovation by 3.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 136,408 shares of the company's stock worth $859,000 after acquiring an additional 4,154 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC raised its holdings in Aurora Innovation by 241.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company's stock worth $44,000 after buying an additional 4,955 shares during the period. Institutional investors and hedge funds own 44.71% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on AUR shares. Canaccord Genuity Group raised their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the stock a "buy" rating in a research note on Wednesday, January 8th. TD Cowen upped their price objective on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a "hold" rating in a research note on Thursday, October 31st. Wolfe Research began coverage on shares of Aurora Innovation in a report on Tuesday, November 26th. They set a "peer perform" rating on the stock. Cantor Fitzgerald reiterated an "overweight" rating and set a $10.00 price objective on shares of Aurora Innovation in a report on Thursday, February 13th. Finally, Evercore ISI boosted their target price on Aurora Innovation from $5.00 to $6.00 and gave the company 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 two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $6.50.
View Our Latest Research Report on AUR
Aurora Innovation Price Performance
Shares of Aurora Innovation stock traded up $0.27 during midday trading on Friday, hitting $7.27. The company had a trading volume of 19,422,094 shares, compared to its average volume of 16,467,201. The stock has a market cap of $12.65 billion, a PE ratio of -15.47 and a beta of 2.85. The business's 50 day simple moving average is $7.24 and its two-hundred day simple moving average is $6.14. Aurora Innovation, Inc. has a 1-year low of $2.10 and a 1-year high of $10.77.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, sell-side analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.
Aurora Innovation Company Profile
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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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