FORA Capital LLC Makes New $95,000 Investment in Aurora Innovation, Inc. (NASDAQ:AUR)

FORA Capital LLC acquired a new stake in Aurora Innovation, Inc. (NASDAQ:AUR) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 15,068 shares of the company’s stock, valued at approximately $95,000.

Several other institutional investors have also recently modified their holdings of the company. Twin Tree Management LP increased its holdings in Aurora Innovation by 217.2% in the 4th quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock worth $28,000 after buying an additional 3,047 shares during the period. GPS Wealth Strategies Group LLC increased its stake in shares of Aurora Innovation by 241.7% in the fourth 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 during the period. Grimes & Company Inc. acquired a new stake in shares of Aurora Innovation in the fourth quarter worth $63,000. Yousif Capital Management LLC purchased a new position in shares of Aurora Innovation during the fourth quarter worth $65,000. Finally, Avantax Advisory Services Inc. purchased a new stake in Aurora Innovation in the fourth quarter valued at $65,000. 44.71% of the stock is currently owned by hedge funds and other institutional investors.

Aurora Innovation Stock Performance

Shares of NASDAQ AUR opened at $7.28 on Friday. The firm has a market cap of $12.67 billion, a PE ratio of -15.49 and a beta of 2.76. Aurora Innovation, Inc. has a one year low of $2.10 and a one year high of $10.77. The firm has a fifty day moving average of $6.76 and a 200 day moving average of $6.82.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.01). On average, equities analysts predict 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 recent research reports. Morgan Stanley assumed coverage on Aurora Innovation in a research note on Monday, March 3rd. They set an “overweight” rating and a $12.00 price objective for the company. TD Cowen began coverage on Aurora Innovation in a report on Friday, March 7th. They issued a “hold” rating and a $8.00 price target for the company. The Goldman Sachs Group upgraded Aurora Innovation from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $3.00 to $6.00 in a research report on Thursday, April 10th. Evercore ISI lifted their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a report on Tuesday, February 18th. Finally, Canaccord Genuity Group increased their price target on shares of Aurora Innovation from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $10.63.

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.