Yousif Capital Management LLC Takes Position in Aurora Innovation, Inc. (NASDAQ:AUR)

Yousif Capital Management LLC acquired a new position in Aurora Innovation, Inc. (NASDAQ:AUR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,304 shares of the company’s stock, valued at approximately $65,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Creative Planning purchased a new position in Aurora Innovation in the 3rd quarter worth about $652,000. Sterling Investment Advisors Ltd. purchased a new position in shares of Aurora Innovation during the third quarter valued at approximately $1,184,000. Vanguard Capital Wealth Advisors bought a new position in Aurora Innovation during the third quarter valued at approximately $266,000. Harbor Capital Advisors Inc. boosted its holdings in Aurora Innovation by 22.2% in the third quarter. Harbor Capital Advisors Inc. now owns 160,259 shares of the company’s stock worth $949,000 after purchasing an additional 29,106 shares during the last quarter. Finally, ASB Consultores LLC grew its position in Aurora Innovation by 24.0% in the 3rd quarter. ASB Consultores LLC now owns 15,955 shares of the company’s stock worth $94,000 after purchasing an additional 3,088 shares during the period. 44.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $10.00 target price on shares of Aurora Innovation in a research report on Thursday, February 13th. The Goldman Sachs Group boosted their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a “sell” rating in a research report on Monday, November 4th. TD Cowen increased their price target on shares of Aurora Innovation from $3.00 to $4.00 and gave the stock a “hold” rating in a research report on Thursday, October 31st. Canaccord Genuity Group boosted their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Finally, Evercore ISI raised their target price on Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Aurora Innovation presently has an average rating of “Hold” and an average price target of $6.50.

Insider Activity at Aurora Innovation

In other Aurora Innovation news, Director Gloria R. Boyland sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total value of $189,000.00. Following the completion of the sale, the director now owns 344,647 shares of the company’s stock, valued at $2,171,276.10. This trade represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 13.83% of the stock is currently owned by insiders.

Aurora Innovation Trading Down 7.1 %

NASDAQ:AUR opened at $9.47 on Wednesday. The company has a market capitalization of $16.27 billion, a P/E ratio of -19.33 and a beta of 2.85. The business’s 50-day moving average is $7.19 and its 200 day moving average is $5.94. 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 data on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, research analysts forecast that Aurora Innovation, Inc. will post -0.47 earnings per share for the current year.

Aurora Innovation 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.