11,164 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Purchased by United Bank

United Bank bought a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,164 shares of the company’s stock, valued at approximately $70,000.

Other hedge funds also recently made changes to their positions in the company. Twin Tree Management LP boosted its holdings in Aurora Innovation by 217.2% during the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock worth $28,000 after purchasing an additional 3,047 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in shares of 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 buying an additional 4,955 shares during the last quarter. Grimes & Company Inc. bought a new position in shares of Aurora Innovation in the 4th quarter valued at about $63,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Aurora Innovation in the third quarter valued at about $60,000. Finally, Yousif Capital Management LLC acquired a new position in Aurora Innovation during the fourth quarter valued at approximately $65,000. 44.71% of the stock is owned by institutional investors.

Aurora Innovation Trading Down 10.5 %

Aurora Innovation stock opened at $6.68 on Friday. The company has a market capitalization of $11.63 billion, a price-to-earnings ratio of -14.21 and a beta of 2.82. The stock’s 50 day moving average is $7.28 and its 200-day moving average is $6.59. Aurora Innovation, Inc. has a 12 month low of $2.10 and a 12 month high of $10.77.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AUR shares. TD Cowen started coverage on Aurora Innovation in a research note on Friday, March 7th. They set a “hold” rating and a $8.00 price objective on the stock. Canaccord Genuity Group boosted their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Evercore ISI raised their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a research note on Tuesday, February 18th. Morgan Stanley started coverage on Aurora Innovation in a research report on Monday, March 3rd. They set an “overweight” rating and a $12.00 price target on the stock. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $10.00 target price on shares of Aurora Innovation in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $9.07.

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.