652,458 Shares in Aurora Innovation, Inc. (NASDAQ:AUR) Purchased by Clare Market Investments LLC

Clare Market Investments LLC purchased a new stake in shares of Aurora Innovation, Inc. (NASDAQ:AUR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 652,458 shares of the company’s stock, valued at approximately $4,110,000. Aurora Innovation accounts for approximately 1.0% of Clare Market Investments LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other large investors have also made changes to their positions in AUR. Amalgamated Bank grew its stake in shares of Aurora Innovation by 10.0% during the 3rd quarter. Amalgamated Bank now owns 32,006 shares of the company’s stock valued at $189,000 after purchasing an additional 2,913 shares during the period. Sigma Planning Corp purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at about $63,000. State of New Jersey Common Pension Fund D purchased a new position in shares of Aurora Innovation during the 3rd quarter valued at about $2,681,000. Baillie Gifford & Co. lifted its position in shares of Aurora Innovation by 17.2% during the 3rd quarter. Baillie Gifford & Co. now owns 84,904,647 shares of the company’s stock valued at $502,636,000 after buying an additional 12,466,085 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Aurora Innovation by 9.9% during the 3rd quarter. Victory Capital Management Inc. now owns 112,291 shares of the company’s stock valued at $665,000 after buying an additional 10,092 shares in the last quarter. 44.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AUR has been the topic of a number of analyst reports. Morgan Stanley assumed coverage on Aurora Innovation in a research report on Monday, March 3rd. They set an “overweight” rating and a $12.00 price objective on the stock. Wolfe Research assumed coverage on Aurora Innovation in a report on Tuesday, November 26th. They issued a “peer perform” rating on the stock. Canaccord Genuity Group boosted their price target on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. TD Cowen assumed coverage on Aurora Innovation in a report on Friday. They issued a “hold” rating and a $8.00 price target on the stock. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $10.00 price target on shares of Aurora Innovation in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $8.08.

Aurora Innovation Price Performance

NASDAQ:AUR opened at $7.10 on Monday. Aurora Innovation, Inc. has a 1 year low of $2.10 and a 1 year high of $10.77. The stock’s 50 day simple moving average is $7.24 and its two-hundred day simple moving average is $6.32. The company has a market cap of $12.36 billion, a price-to-earnings ratio of -15.11 and a beta of 2.82.

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

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.