1,104,467 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Bought by Voloridge Investment Management LLC

Voloridge Investment Management LLC bought a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,104,467 shares of the company's stock, valued at approximately $6,958,000. Voloridge Investment Management LLC owned about 0.06% of Aurora Innovation as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AUR. Twin Tree Management LP raised its position in shares of Aurora Innovation by 217.2% during the 4th quarter. Twin Tree Management LP now owns 4,450 shares of the company's stock worth $28,000 after purchasing an additional 3,047 shares during the period. GPS Wealth Strategies Group LLC raised 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 worth $44,000 after purchasing an additional 4,955 shares during the period. Grimes & Company Inc. acquired a new stake in shares of Aurora Innovation during the 4th quarter worth approximately $63,000. Yousif Capital Management LLC acquired a new stake in shares of Aurora Innovation during the 4th quarter worth approximately $65,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of Aurora Innovation during the 4th quarter worth approximately $65,000. Institutional investors own 44.71% of the company's stock.

Aurora Innovation Stock Performance

Shares of AUR stock traded up $0.15 during mid-day trading on Thursday, hitting $6.26. 7,429,718 shares of the stock traded hands, compared to its average volume of 13,348,095. Aurora Innovation, Inc. has a twelve month low of $2.10 and a twelve month high of $10.77. The firm has a market cap of $11.07 billion, a price-to-earnings ratio of -13.29 and a beta of 2.76. The company's 50-day simple moving average is $6.66 and its 200-day simple moving average is $6.86.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.01). Analysts forecast that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

Analysts Set New Price Targets

AUR has been the topic of a number of research reports. TD Cowen initiated coverage on Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price target on the stock. Oppenheimer assumed coverage on Aurora Innovation in a research report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 target price on the stock. Canaccord Genuity Group raised their target price on Aurora Innovation from $10.00 to $15.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Morgan Stanley assumed coverage on Aurora Innovation in a research report on Monday, March 3rd. They issued an "overweight" rating and a $12.00 target price on the stock. Finally, Evercore ISI raised their target price 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. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $10.75.

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.