Sterling Investment Advisors Ltd. Grows Stake in Aurora Innovation, Inc. (NASDAQ:AUR)

Sterling Investment Advisors Ltd. increased its holdings in shares of Aurora Innovation, Inc. (NASDAQ:AUR) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 225,200 shares of the company’s stock after buying an additional 25,200 shares during the period. Sterling Investment Advisors Ltd.’s holdings in Aurora Innovation were worth $1,419,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC boosted 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 valued at $44,000 after purchasing an additional 4,955 shares during the last quarter. Souders Financial Advisors acquired a new position in Aurora Innovation in the 3rd quarter valued at about $59,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Aurora Innovation in the 3rd quarter valued at approximately $60,000. Sigma Planning Corp purchased a new stake in shares of Aurora Innovation in the 3rd quarter valued at approximately $63,000. Finally, Reynders McVeigh Capital Management LLC purchased a new stake in shares of Aurora Innovation in the 3rd quarter valued at approximately $63,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. Canaccord Genuity Group raised their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Wolfe Research began coverage on shares of Aurora Innovation in a research report on Tuesday, November 26th. They set a “peer perform” rating on the stock. Evercore ISI raised their price objective on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a research report on Tuesday, February 18th. Finally, TD Cowen boosted their target price on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $6.50.

Aurora Innovation Price Performance

Shares of NASDAQ:AUR opened at $7.01 on Tuesday. The company’s fifty day moving average is $7.27 and its two-hundred day moving average is $6.10. Aurora Innovation, Inc. has a 1-year low of $2.10 and a 1-year high of $10.77.

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

Aurora Innovation 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.