10,354 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. bought a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) during the fourth quarter, Holdings Channel reports. The institutional investor bought 10,354 shares of the company’s stock, valued at approximately $65,000.

Several other hedge funds also recently bought and sold shares of AUR. FMR LLC raised its holdings in Aurora Innovation by 206.1% during the third quarter. FMR LLC now owns 13,848,530 shares of the company’s stock valued at $81,983,000 after buying an additional 9,325,013 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Aurora Innovation by 15.5% in the 3rd quarter. Geode Capital Management LLC now owns 22,796,526 shares of the company’s stock worth $134,981,000 after purchasing an additional 3,064,342 shares during the last quarter. State Street Corp boosted its position in Aurora Innovation by 15.2% during the third quarter. State Street Corp now owns 22,183,252 shares of the company’s stock worth $131,325,000 after purchasing an additional 2,920,653 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Aurora Innovation by 26.7% during 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 purchasing an additional 1,776,513 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of Aurora Innovation by 57.6% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,796,952 shares of the company’s stock valued at $30,221,000 after purchasing an additional 1,753,757 shares during the period. 44.71% of the stock is owned by institutional investors and hedge funds.

Aurora Innovation Stock Performance

AUR opened at $7.46 on Friday. The firm has a market cap of $12.98 billion, a PE ratio of -15.87 and a beta of 2.82. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The firm’s fifty day moving average is $7.28 and its two-hundred day moving average is $6.56.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AUR shares. TD Cowen assumed coverage on Aurora Innovation in a research report on Friday, March 7th. They issued a “hold” rating and a $8.00 price target on the stock. Canaccord Genuity Group lifted their price target on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Evercore ISI increased their price objective on Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a research report on Tuesday, February 18th. Oppenheimer initiated coverage on shares of Aurora Innovation in a research report on Thursday. They set an “outperform” rating and a $15.00 target price on the stock. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $10.00 price target on shares of Aurora Innovation in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Aurora Innovation presently has an average rating of “Hold” and a consensus target price of $9.07.

Aurora Innovation 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.