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

SBI Securities Co. Ltd. acquired a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 37,595 shares of the company’s stock, valued at approximately $237,000.

Other institutional investors have also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC lifted its position in shares of Aurora Innovation by 241.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock valued at $44,000 after buying an additional 4,955 shares during the last quarter. Souders Financial Advisors purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at $59,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at $60,000. Sigma Planning Corp purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at $63,000. Finally, Reynders McVeigh Capital Management LLC purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at $63,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Aurora Innovation Stock Up 1.5 %

NASDAQ:AUR opened at $7.24 on Thursday. The business’s 50-day moving average price is $7.24 and its two-hundred day moving average price is $6.25. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The stock has a market cap of $12.60 billion, a P/E ratio of -15.40 and a beta of 2.85.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. On average, equities research analysts expect that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Canaccord Genuity Group increased their price objective on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Morgan Stanley assumed coverage on Aurora Innovation in a report on Monday. They set an “overweight” rating and a $12.00 price objective on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $10.00 price objective on shares of Aurora Innovation in a report on Thursday, February 13th. Wolfe Research assumed coverage on Aurora Innovation in a report on Tuesday, November 26th. They set a “peer perform” rating on the stock. Finally, Evercore ISI increased their price objective on Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Aurora Innovation has a consensus rating of “Hold” and a consensus target price of $7.42.

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.