137,900 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired 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 Form 13F filing with the Securities & Exchange Commission. The fund acquired 137,900 shares of the company's stock, valued at approximately $869,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Aurora Innovation by 6.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 546,352 shares of the company's stock worth $3,442,000 after buying an additional 33,816 shares in the last quarter. Lightspeed Management Company L.L.C. purchased a new stake in shares of Aurora Innovation in the fourth quarter valued at about $74,003,000. J. Goldman & Co LP purchased a new stake in shares of Aurora Innovation in the fourth quarter valued at about $7,226,000. Janus Henderson Group PLC lifted its holdings in shares of Aurora Innovation by 9.5% in the fourth quarter. Janus Henderson Group PLC now owns 426,798 shares of the company's stock valued at $2,691,000 after purchasing an additional 37,200 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of Aurora Innovation by 26.1% in the fourth quarter. Focus Partners Wealth now owns 20,785 shares of the company's stock valued at $131,000 after purchasing an additional 4,306 shares in the last quarter. Hedge funds and other institutional investors own 44.71% of the company's stock.

Aurora Innovation Stock Up 2.3%

Shares of NASDAQ:AUR traded up $0.15 during trading on Wednesday, reaching $6.40. The stock had a trading volume of 6,358,828 shares, compared to its average volume of 13,177,752. The business has a fifty day moving average price of $6.79 and a 200-day moving average price of $6.85. The stock has a market cap of $11.13 billion, a P/E ratio of -13.59 and a beta of 2.76. Aurora Innovation, Inc. has a fifty-two week low of $2.10 and a fifty-two week high of $10.77.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.01). As a group, equities analysts forecast that Aurora Innovation, Inc. will post -0.49 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Evercore ISI upped their price target on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an "in-line" rating in a report on Tuesday, February 18th. Oppenheimer assumed coverage on shares of Aurora Innovation in a report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price target on the stock. TD Cowen assumed coverage on shares of Aurora Innovation in a report on Friday, March 7th. They issued a "hold" rating and a $8.00 price target on the stock. The Goldman Sachs Group upped their price target on shares of Aurora Innovation from $6.00 to $7.00 and gave the company a "neutral" rating in a report on Monday, May 12th. Finally, Canaccord Genuity Group upped their price target on shares of Aurora Innovation from $10.00 to $15.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $10.75.

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.