1,035,608 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Purchased by Yaupon Capital Management LP

Yaupon Capital Management LP acquired a new stake in Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,035,608 shares of the company's stock, valued at approximately $6,524,000. Yaupon Capital Management LP owned 0.06% of Aurora Innovation at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp purchased a new position in Aurora Innovation in the 4th quarter valued at approximately $72,000. Tower Research Capital LLC TRC raised its stake in shares of Aurora Innovation by 242.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 24,729 shares of the company's stock valued at $156,000 after acquiring an additional 17,509 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in Aurora Innovation by 7.7% in the fourth quarter. MetLife Investment Management LLC now owns 576,229 shares of the company's stock valued at $3,630,000 after purchasing an additional 41,095 shares during the period. First Trust Advisors LP grew its stake in Aurora Innovation by 1,553.8% during the 4th quarter. First Trust Advisors LP now owns 930,872 shares of the company's stock worth $5,864,000 after purchasing an additional 874,585 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its holdings in Aurora Innovation by 11.5% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 248,594 shares of the company's stock worth $1,565,000 after purchasing an additional 25,646 shares during the period. Institutional investors and hedge funds own 44.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AUR shares. TD Cowen started coverage on Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price objective for the company. Evercore ISI raised their price objective 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. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. Canaccord Genuity Group increased their target price on Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group raised Aurora Innovation from a "sell" rating to a "neutral" rating and lifted their price target for the stock from $3.00 to $6.00 in a report on Thursday, April 10th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $9.63.

Aurora Innovation Stock Up 1.0 %

AUR traded up $0.07 on Friday, reaching $6.88. The company had a trading volume of 9,628,323 shares, compared to its average volume of 11,670,774. Aurora Innovation, Inc. has a 1 year low of $2.10 and a 1 year high of $10.77. The stock has a market capitalization of $11.97 billion, a PE ratio of -14.64 and a beta of 2.77. The stock has a 50-day moving average price of $6.75 and a 200-day moving average price of $6.73.

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

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.