SBI Securities Co. Ltd. Makes New Investment in Aurora Innovation, Inc. (NASDAQ:AUR)

SBI Securities Co. Ltd. acquired a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 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. GPS Wealth Strategies Group LLC increased its holdings in 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. Souders Financial Advisors purchased a new position in Aurora Innovation during the 3rd quarter worth $59,000. Dynamic Technology Lab Private Ltd purchased a new position in Aurora Innovation during the 3rd quarter worth $60,000. Sigma Planning Corp purchased a new position in Aurora Innovation during the 3rd quarter worth $63,000. Finally, Reynders McVeigh Capital Management LLC purchased a new position in Aurora Innovation during the 3rd quarter worth $63,000. 44.71% of the stock is currently owned by hedge funds and other institutional investors.

Aurora Innovation Stock Performance

AUR stock traded up $0.14 on Friday, hitting $7.10. 15,533,181 shares of the company's stock were exchanged, compared to its average volume of 16,149,158. Aurora Innovation, Inc. has a 12-month low of $2.10 and a 12-month high of $10.77. The firm has a 50 day moving average price of $7.24 and a two-hundred day moving average price of $6.30. The stock has a market cap of $12.36 billion, a P/E ratio of -15.11 and a beta of 2.82.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share for the quarter. Sell-side analysts expect that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on AUR. Morgan Stanley assumed coverage on Aurora Innovation in a report on Monday, March 3rd. They set an "overweight" rating and a $12.00 price objective on the stock. Wolfe Research assumed coverage on Aurora Innovation in a report on Tuesday, November 26th. They issued a "peer perform" rating on the stock. Cantor Fitzgerald reiterated an "overweight" rating and issued a $10.00 price target on shares of Aurora Innovation in a report on Thursday, February 13th. Evercore ISI lifted 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. Finally, TD Cowen assumed coverage on Aurora Innovation in a report on Friday. They issued a "hold" rating and a $8.00 price target on the stock. One equities 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $8.08.

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.