SBI Securities Co. Ltd. Buys Shares of 37,595 Aurora Innovation, Inc. (NASDAQ:AUR)

SBI Securities Co. Ltd. bought a new stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 37,595 shares of the company's stock, valued at approximately $237,000.

Several other institutional investors also recently bought and sold shares of AUR. Baillie Gifford & Co. grew its position in shares of Aurora Innovation by 17.2% during the third quarter. Baillie Gifford & Co. now owns 84,904,647 shares of the company's stock worth $502,636,000 after buying an additional 12,466,085 shares in the last quarter. FMR LLC boosted its holdings in Aurora Innovation by 206.1% in the third quarter. FMR LLC now owns 13,848,530 shares of the company's stock valued at $81,983,000 after purchasing an additional 9,325,013 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Aurora Innovation by 15.5% in the third quarter. Geode Capital Management LLC now owns 22,796,526 shares of the company's stock valued at $134,981,000 after purchasing an additional 3,064,342 shares in the last quarter. State Street Corp boosted its holdings in Aurora Innovation by 15.2% in the third quarter. State Street Corp now owns 22,183,252 shares of the company's stock valued at $131,325,000 after purchasing an additional 2,920,653 shares in the last quarter. Finally, ARK Investment Management LLC acquired a new position in Aurora Innovation in the third quarter valued at approximately $12,433,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Aurora Innovation Stock Performance

NASDAQ:AUR traded up $0.14 during trading hours on Friday, hitting $7.10. The company's stock had a trading volume of 15,533,181 shares, compared to its average volume of 16,149,158. The business's 50-day moving average is $7.24 and its two-hundred day moving average is $6.28. The company has a market capitalization of $12.36 billion, a PE ratio of -15.11 and a beta of 2.82. Aurora Innovation, Inc. has a 52-week low of $2.10 and a 52-week high of $10.77.

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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, analysts predict that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AUR. Evercore ISI upped their price target on Aurora Innovation from $5.00 to $6.00 and gave the company an "in-line" rating in a report on Tuesday, February 18th. TD Cowen began coverage on Aurora Innovation in a research note on Friday. They issued a "hold" rating and a $8.00 price objective for the company. Morgan Stanley began coverage on Aurora Innovation in a research note on Monday, March 3rd. They issued an "overweight" rating and a $12.00 price objective for the company. Wolfe Research began coverage on Aurora Innovation in a research note on Tuesday, November 26th. They issued a "peer perform" rating for the company. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $10.00 price objective on shares of Aurora Innovation in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $8.08.

About Aurora Innovation

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.