22,271 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Acquired by Headlands Technologies LLC

Headlands Technologies LLC acquired a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 22,271 shares of the company’s stock, valued at approximately $140,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Twin Tree Management LP grew its holdings in shares of Aurora Innovation by 217.2% in 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 grew its stake 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 acquiring an additional 4,955 shares in the last quarter. Grimes & Company Inc. purchased a new position in shares of Aurora Innovation during the fourth quarter worth approximately $63,000. Yousif Capital Management LLC bought a new stake in shares of Aurora Innovation during the fourth quarter valued at approximately $65,000. Finally, Avantax Advisory Services Inc. purchased a new stake in shares of Aurora Innovation in the fourth quarter valued at approximately $65,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Aurora Innovation Stock Down 9.6 %

Shares of Aurora Innovation stock opened at $5.68 on Friday. Aurora Innovation, Inc. has a 52-week low of $2.10 and a 52-week high of $10.77. The firm’s 50 day moving average price is $7.23 and its 200-day moving average price is $6.65. The company has a market cap of $9.89 billion, a P/E ratio of -12.09 and a beta of 2.77.

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. As a group, equities research analysts forecast that Aurora Innovation, Inc. will post -0.49 EPS for the current fiscal year.

Analyst Ratings Changes

AUR has been the subject of a number of research analyst reports. TD Cowen began coverage on Aurora Innovation in a research report on Friday, March 7th. They set a “hold” rating and a $8.00 target price for the company. Canaccord Genuity Group upped 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 report on Tuesday, February 18th. Morgan Stanley initiated coverage on shares of Aurora Innovation in a research report on Monday, March 3rd. They issued an “overweight” rating and a $12.00 price target for the company. Finally, Oppenheimer began coverage on shares of Aurora Innovation in a report on Thursday, March 27th. They set an “outperform” rating and a $15.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $9.07.

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.