Aurora Innovation, Inc. (NASDAQ:AUR) Position Increased by Nebula Research & Development LLC

Nebula Research & Development LLC lifted its position in Aurora Innovation, Inc. (NASDAQ:AUR) by 51.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 71,565 shares of the company’s stock after buying an additional 24,186 shares during the quarter. Nebula Research & Development LLC’s holdings in Aurora Innovation were worth $451,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its position in Aurora Innovation by 13.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,671,319 shares of the company’s stock worth $168,030,000 after acquiring an additional 3,237,609 shares during the period. Archon Partners LLC acquired a new stake in shares of Aurora Innovation during the fourth quarter worth approximately $378,000. Yaupon Capital Management LP purchased a new position in Aurora Innovation during the fourth quarter valued at approximately $6,524,000. Stifel Financial Corp purchased a new stake in Aurora Innovation in the 4th quarter worth approximately $72,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Aurora Innovation by 242.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 24,729 shares of the company’s stock valued at $156,000 after buying an additional 17,509 shares during the period. Institutional investors and hedge funds own 44.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on AUR shares. Oppenheimer started coverage on Aurora Innovation in a report on Thursday, March 27th. They set an “outperform” rating and a $15.00 price objective for the company. 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. Cantor Fitzgerald restated an “overweight” rating and issued a $10.00 price objective on shares of Aurora Innovation in a report on Thursday, February 13th. The Goldman Sachs Group upgraded shares of Aurora Innovation from a “sell” rating to a “neutral” rating and lifted their target price for the company from $3.00 to $6.00 in a research note on Thursday, April 10th. Finally, TD Cowen began coverage on shares of Aurora Innovation in a research note on Friday, March 7th. They set a “hold” rating and a $8.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.63.

Aurora Innovation Stock Up 0.7 %

NASDAQ:AUR opened at $7.31 on Wednesday. The company’s 50 day moving average is $6.70 and its 200-day moving average is $6.75. The firm has a market cap of $12.72 billion, a price-to-earnings ratio of -15.55 and a beta of 2.77. Aurora Innovation, Inc. has a 12 month low of $2.10 and a 12 month high of $10.77.

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