SBI Securities Co. Ltd. Takes $237,000 Position in Aurora Innovation, Inc. (NASDAQ:AUR)

SBI Securities Co. Ltd. purchased a new position in shares of Aurora Innovation, Inc. (NASDAQ:AUR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 37,595 shares of the company’s stock, valued at approximately $237,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. GPS Wealth Strategies Group LLC lifted its holdings in Aurora Innovation by 241.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock worth $44,000 after buying an additional 4,955 shares during the period. Souders Financial Advisors purchased a new stake in Aurora Innovation in the 3rd quarter worth approximately $59,000. Dynamic Technology Lab Private Ltd purchased a new stake in Aurora Innovation in the 3rd quarter worth approximately $60,000. Sigma Planning Corp purchased a new stake in Aurora Innovation in the 3rd quarter worth approximately $63,000. Finally, Reynders McVeigh Capital Management LLC purchased a new stake in Aurora Innovation in the 3rd quarter worth approximately $63,000. 44.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Morgan Stanley assumed coverage on Aurora Innovation in a research report on Monday. They set an “overweight” rating and a $12.00 price target on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $10.00 price target on shares of Aurora Innovation in a research report on Thursday, February 13th. Canaccord Genuity Group lifted their price target on Aurora Innovation from $7.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Evercore ISI boosted their target price on Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Tuesday, February 18th. Finally, Wolfe Research initiated coverage on Aurora Innovation in a report on Tuesday, November 26th. They issued a “peer perform” rating on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Aurora Innovation has an average rating of “Hold” and an average price target of $7.42.

Aurora Innovation Price Performance

Shares of NASDAQ:AUR opened at $7.24 on Thursday. The company has a market cap of $12.60 billion, a P/E ratio of -15.40 and a beta of 2.85. Aurora Innovation, Inc. has a 1 year low of $2.10 and a 1 year high of $10.77. The stock’s fifty day moving average price is $7.24 and its 200-day moving average price is $6.25.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, sell-side analysts anticipate that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

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.