Virtu Financial LLC Acquires 14,521 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Virtu Financial LLC grew its holdings in Aurora Innovation, Inc. (NASDAQ:AUR) by 25.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,369 shares of the company’s stock after purchasing an additional 14,521 shares during the period. Virtu Financial LLC’s holdings in Aurora Innovation were worth $450,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Twin Tree Management LP boosted its position in Aurora Innovation by 217.2% during the fourth quarter. Twin Tree Management LP now owns 4,450 shares of the company’s stock valued at $28,000 after purchasing an additional 3,047 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of Aurora Innovation by 241.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,005 shares of the company’s stock valued at $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 fourth quarter valued at $63,000. Dynamic Technology Lab Private Ltd bought a new stake in Aurora Innovation during the third quarter worth $60,000. Finally, Yousif Capital Management LLC acquired a new stake in Aurora Innovation in the fourth quarter valued at $65,000. Institutional investors own 44.71% of the company’s stock.

Aurora Innovation Stock Performance

AUR opened at $7.12 on Thursday. The stock has a fifty day moving average of $7.27 and a 200-day moving average of $6.55. The company has a market capitalization of $12.39 billion, a P/E ratio of -15.15 and a beta of 2.82. Aurora Innovation, Inc. has a fifty-two week low of $2.10 and a fifty-two week 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 (EPS) for the quarter. On average, equities research analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley started coverage on shares of Aurora Innovation in a report on Monday, March 3rd. They issued an “overweight” rating and a $12.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. Canaccord Genuity Group boosted their target price 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 began coverage on Aurora Innovation in a report on Friday, March 7th. They set a “hold” rating and a $8.00 price target for the company. Finally, Evercore ISI upped their price objective 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.08.

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.